Market Report, "Czech Republic Consumer Electronics Report Q2 2016", published

From: Fast Market Research, Inc.
Published: Thu Feb 25 2016

The Czech Republic is the most affluent marke t in Central and Eastern Europe and this is reflected in high device spending per capita. Conditions have been challenging , however, with contraction in device spending in US dollar terms 2013-2015. The medium - term outlook is for a marked improvement as product cycles become more favourable at the same time as koruna appreciation boosts household purchasing power from 2016. This will reinforce the Czech Republic's position as one of the most lucrative markets in Central and Eastern Europe and underpins our forecast for a CAGR of 6.6% 2016-2020 to USD2.9bn in 2020. We consider the largest opportunities to be in the mobile PC segment, smart TVs and the high end of the smartphone market, with medium-term upside potential if wearable devices gain traction with consumers.

Full Report Details at

Latest Updates & Industry Developments

Computer Hardware Sales: USD1.32bn in 2016 to USD1.58bn in 2019, a compound annual growth rate (CAGR) of 6.3%. Desktop market will underperform, but strong retail sales of notebooks and tablets expected as household incomes rise register significant increases.
AV Sales: USD540mn in 2016 to USD661mn in 2020, a CAGR of 5.5%. Smart TV and Ultra-HD upgrade demand, alongside koruna appreciation will return the market to growth, but it will not come close to the heights of the flat-panel upgrade and digital camera boom.
Handset Sales: USD705mn in 2016 to USD866mn in 2020, a CAGR of 5.7%. Smartphone market saturation will act as a brake on growth, but countering this will be purchasing power growth that boosts demand for flagship and mid-range smartphones.

The Czech Republic Consumer Electronics Report has been researched at source and features latest-available data covering both the manufacture and sale of consumer electronics products, critically analysing - and forecasting - the market dynamics affecting each sub-sector, including audio-visual, computers, mobile handsets, gaming and automotives electronics. Furthermore, the report analyses the domestic and global economic trends driving device demand and provides company rankings and competitive landscapes covering leading multinational and national consumer electronics companies and analysis of latest industry news and trends in Czech Republic.

BMI Research'sCzech Republic Consumer Electronics Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the consumer electronics industry in Czech Republic.

Key Benefits
Benchmark BMI's independent consumer electronics industry forecasts for Czech Republic to test other views - a key input for successful budgeting and strategic business planning in the Czech consumer electronics market.

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