Hungary Consumer Electronics Report - Business Monitor International - Industry Reports

Hungary Consumer Electronics Report

Hungary Consumer Electronics Report - Business Monitor International - Industry Reports
Hungary Consumer Electronics Report
Published Aug 13, 2016
64 pages — Published Aug 13, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

We forecast a second successive year of consumer electronics spending contraction in Hungary in ----, with a -.- decline envisaged to USD-.--bn. This is however still a marked improvement over the decline of -- in --- when the forint depreciated sharply against the US dollar to an average of HUF---/USD from HUF---/USD in ----. Further depreciation will be a mild drag in ----, but the extent of price rises will be smaller in magnitude, and coupled with more supportive product cycles will enable stronger performance in ----. The computer hardware segment will again be affected by the trend of depreciation, though there will be a marked improvement with a return to growth in local currency terms and a contraction of -.- in US dollar terms as compared to a contraction of over -- in ----. In ----, desktop, notebook and tablet shipments contracted as households cut back on purchases, while consumers also substituted for cheaper models as affordability in forints was eroded. ...In ----, desktop, notebook and tablet shipments contracted as households cut back on purchases, while consumers also substituted for cheaper models as affordability in forints was eroded. Price pressures will continue into ----, but there will the product cycle

...Computer Hardware Sales: USD---mn in ---- to USD---mn in ----, a compound annual growth rate (CAGR) of -.- . There is pent-up replacement spending waiting to be unlocked, which should occur from ---- and boost retail PC spending, but potential cannibalisation of notebook and tablet sales by increasingly powerful smartphones presents downside. ...Computer Hardware Sales: USD---mn in ---- to USD---mn in ----, a compound annual growth rate (CAGR) of -.- . There is pent-up replacement spending waiting to be unlocked, which should occur from ---- and boost retail PC spending, but potential cannibalisation of notebook and tablet sales by increasingly powerful smartphones presents downside. AV Sales: USD---mn in ---- to USD---mn in ----, a CAGR of -.- in US dollar terms. ...Handset Sales: USD---mn in ---- to USD---mn in ----, a CAGR of -.- in US dollar terms. A diminished pool of potential first-time smartphone buyers will see volume growth slow over the medium term, but there is potential for vendor gains through flagship device sales and overall higher average selling prices in USD terms.

...Sharp forint depreciation in ---- resulted in all three segments contracting, but with the handset segment faring significantly better than either PC or AV sales. Technology trends also at play in ---- as tablet market cooling, PC replacement spending concentration in ---- due to XP support withdrawal and TV set upgrade triggers in ---- and ---- due to major sporting events. ...

  
Source:
Document ID
2040-9532
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Hungary Consumer Electronics Report" Aug 13, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hungary-Consumer-Electronics-Report-2026-892>
  
APA:
Business Monitor International - Industry Reports. (2016). Hungary Consumer Electronics Report Aug 13, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hungary-Consumer-Electronics-Report-2026-892>
  
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