Mexico is an important node in global consumer electronics supply chains, primarily as anassembly centre for devices to be exported to North America, but also to serve a developing local market.While the industry outlook is clouded somewhat by policy uncertainty in the Trump presidency, the localmarket outlook is strong. We envisage robust growth in device spending over 2017-2021 to be supported bypurchasing power growth and demographic trends that create a larger and more affluent middle class.
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Computer Hardware Sales: USD3.4bn in 2017 to USD4.3bn in 2021. Positive economic trends will bemoderated by pressure on retail PC spending due to use case cannibalisation for tablets and low-endnotebooks by smartphones.
AV Sales: USD3.2bn in 2017 to USD4.1bn in 2021. TV set upgrades to larger and higher resolutionscreens will be the largest product category throughout the forecast period, while premium audio devices,such as wireless speakers and headphones, represent a growth area.