Just Published: "Iran Consumer Electronics Report Q3 2016"

From: Fast Market Research, Inc.
Published: Tue Jun 14 2016

The easing of sanctions has inc reased optimism about the medium- term prospects of Iran's consumer electronics market through an increase in international vendor competition and an improved economic outlook. The breakthrough in international relations has however coincided with a steep decline in the oil price, and some bottlenecks to market development still exist - for instance, very high tariffs on the import of finished devices and a large informal devices market. Nonetheless , we expect the Iranian consumer electronics devices market will move to a higher growth trajectory , particularly from 2017 , as r ising incomes and increased supply of devices see vendors tap low device penetration rates in key categories such as notebooks, tablets and smartphones. O ur core scenario is for a CAGR of 5.8 % over 2016-2020 to a value of USD10.1bn in 2020.

Full Report Details at
- http://www.fastmr.com/prod/1182798_iran_consumer_electronics.aspx?afid=301

Latest Updates & Industry Developments

Computer Sales: USD2.6bn in 2016 to USD3.5bn by 2020, corresponding to a compound annual growth rate (CAGR) of 7.0%. In a market with an installed base weighted towards locally assembled desktops there is a huge opportunity for notebook and tablet vendors.

AV And Gaming Device Sales : USD1.5bn in 2016 to USD1.8bn in 2020, a CAGR of 4.0%. Local supply of TV sets means the market was less affected by sanctions, but as the market opens, price erosion and cannibalisation of digital camera volumes will mean the segment underperforms.

Handset Sales: USD3.9bn in 2016 to USD4.9bn in 2020, a CAGR of 5.6%. Low smartphone penetration presents a large opportunity to vendors in contrast to much of the region, where smartphone market saturation will result in decelerating growth and even contraction.

The Iran 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 Iran.

BMI Research'sIran 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 Iran.

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

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

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