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South Korea Consumer Electronics Report Q2 2009Published by: Business Monitor International Published: May. 14, 2009 - 34 Pages Table of Contents
AbstractSouth Korea’s domestic consumer electronics devices market, defined as including computing devices, mobile handsets, and video audio and gaming products, was estimated to be worth around US$11.6bn in 2008. This is expected to increase to US$12bn by 2013, at a CAGR of 0.7%, slower than in the preceding five years.Computers Computers accounted for around 32% of South Korea consumer electronics spending of US$11.6bn in 2008. BMI forecasts South Korea computer hardware sales of US$3.8bn in 2009, unchanged from the previous year. CAGR for the 2008-2013 period will be around 1.4%, but there will be growth areas in multimedia and entertainment notebooks. AV Video, audio and gaming devices accounted for around 24% of South Korea consumer electronics spending in 2008. South Korea’s domestic video, audio and gaming device market was estimated at US$2.8bn in that year. The market is expected to decline at a CAGR of -2.7% between 2008-2013, to a value of US$2.4bn in that year, due largely to saturation of the LCD TV segment. Video applications will account for around 60% of demand during the forecast period. Mobile Handsets South Korea market mobile handset and handset device sales accounted for around 44% of Taiwan consumer electronics spending in 2008. Total Taiwan market handset sales are expected to grow at a CAGR of about 2.7% to 24.3mn units in 2013, with the market driven mainly by replacements as penetration is already above 100%. The fastest sales growth will be of 3G handset units. Get Full Details About This Report >> |
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