Czech Republic Consumer Electronics Q4 2018
We expect strong purchasing power growth to occur in the Czech Republic over 2018-2022, and this will createopportunities for vendors to increase sales of higher specification and premium targeted devices. There are however limitations,including the saturation of the devices market where ownership of PCs, flat-panel TV sets and smartphones is already widespread,as well negative demographics and the cannibalisation of distinct device use cases by smartphones. The main downside risk is adeterioration in external economic conditions, which would impact the consumer outlook, as well as impacting the CzechRepublic's large consumer electronics industry that exports across the EU.
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