Vietnam Consumer Electronics Report - Business Monitor International - Industry Reports

Vietnam Consumer Electronics Report

Vietnam Consumer Electronics Report - Business Monitor International - Industry Reports
Vietnam Consumer Electronics Report
Published Jul 09, 2016
63 pages — Published Jul 09, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

The economic environment is expected to continue to be supportive of consumer electronics spending growth in ----. We forecast real GDP growth of -.- and real growth of private final consumption of -.- , growth rates that will support a buoyant devices market given the relatively broad-based complexion of economic growth in Vietnam. ...We forecast real GDP growth of -.- and real growth of private final consumption of -.- , growth rates that will support a buoyant devices market given the relatively broad-based complexion of economic growth in Vietnam. There is downside, however, due to the potential for credit tightening as a result of worsening sentiment on EM debt levels globally and the start of rate rises in the US, but Vietnam has been relatively proactive in tackling bad debt and a broader emerging market is not our core scenario. The official rate of non-performing loans was down from -.- in December ---- to -.- in September ----, while the State Bank of Vietnam is leading banking industry consolidation to reduce the number of banks from -- to --, which will help to insulate against shocks. Furthermore, with access to credit a traditional drag on market development in Vietnam, a number of partnerships were formed between banks and retailers in ----, leaving the industry in a stronger position come future episodes of credit tightening. We forecast that the PC market will be strong in ----, with growth forecast for desktop, notebook and tablet shipments as rising incomes and declining device prices promote first-time buyer and upgrade sales.

...Computer Hardware Sales: USD-.-bn in ---- to USD-.-bn in ----, a compound annual growth rate (CAGR) of +-.- . The prospect for cannibalisation of notebook and tablet spending by the proliferation of smartphone ownership exists, but overall outlook still positive due to income growth trends. ...Computer Hardware Sales: USD-.-bn in ---- to USD-.-bn in ----, a compound annual growth rate (CAGR) of +-.- . The prospect for cannibalisation of notebook and tablet spending by the proliferation of smartphone ownership exists, but overall outlook still positive due to income growth trends. AV Sales: USD-.-bn in ---- to USD-.-bn in ----, a CAGR of -.- . ...Handset Sales: USD-.-bn in ---- to USD-.-bn in ----, a CAGR of -.- . Due to relatively low penetration the first-time smartphone upgrade engine still has momentum, which should mean handset spending growth outperforms over the medium term.

...Smartphones, particularly low-cost Android devices are popular with consumers, with penetration rates rising rapidly. Notebooks, and hybrid notebooks, are a source of continuing growth opportunities in the PC market. ...

  
Source:
Document ID
2040-9494
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. "Vietnam Consumer Electronics Report" Jul 09, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Vietnam-Consumer-Electronics-Report-2026-1017>
  
APA:
Business Monitor International - Industry Reports. (2016). Vietnam Consumer Electronics Report Jul 09, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Vietnam-Consumer-Electronics-Report-2026-1017>
  
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