Israel Consumer Electronics Report Q3 2015 - New Report Available

From: Fast Market Research, Inc.
Published: Sun May 31 2015

Israel has one of the most mature consumer electronics markets in the region, with a vibrant start up community and strong government spending on ICT , in large part through the military, resulting in high penetration of PCs and smartphones. Although this leaves little opportunity for reaching new customers, Israel 's rise as a key hub for global IT and CE vendors' research and development centres over the last several years will help ensure continued replacement demand for consumer electronics products over the five years to 2019. In January 2015, the Ministry of Communications awarded LTE spectrum to six mobile operators, which will enable them to launch full scale LTE services. BMI expects this to lead to a burst of upgrades to 4G-enabled handsets among consumers, and to contribute to a continued rise in tablet PC s ales , as operators seek to build value on their upgraded networks through encouraging multiple device usage.

Full Report Details at

Expenditure Projections

* Computer hardware sales: USD2.24bn in 2014, up 4.1% y-o-y in US dollar terms. Rising tablet sales put pressure on notebooks, while desktop sales continue to be supported by robust defence and IT markets.
* AV sales: USD562mn in 2014, up 5.6% in US dollar terms. Driven by sales of Sony and Microsoft gaming consoles and smart TVs.
* Handset sales: Outperforming segment of the consumer electronics market, rising 9.4% to USD1.286mn in 2014, as the launch of LTE networks in H214 encouraged upgrades to 4G-enabled handsets.

Key Trends And Developments

During the second half of 2014, the Israel's high-tech sector continued to pull in record amounts of investment. According to IVC Research, the eruption of violence between Israel and Gaza between June and August 2014 did not have any impact on capital raising in Israel's high tech sector, which reached a record high of USD3.4bn in 2014, compared to 2.3bn in 2013. Internet and software companies also increased their share of total...

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Peru Consumer Electronics Report Q3 2015
- Argentina Consumer Electronics Report Q3 2015
- Hungary Consumer Electronics Report Q3 2015
- Indonesia Consumer Electronics Report Q3 2015
- Serbia Consumer Electronics Report Q3 2015

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »