Now Available: Vietnam Consumer Electronics Report Q3 2016

From: Fast Market Research, Inc.
Published: Fri Jul 22 2016

Vietnam's consumer electronics industry has expanded rapidly in recent years and is an important force driving the country's strong economic performance. As Vietnam develops rapidly we expect rising wages over the medium term against a backdrop of low device penetration rates will drive spending growth at a CAGR of 6.5%. This is however a deceleration from 2015 when the domestic market was boosted by tariff reductions and retail sector liberalisation in 2015, and we caution that price sensitivity will continue to be a central characteristic of the market right through to 2020.

Latest Updates And Industry Developments

Computer Hardware Sales: USD1.7bn in 2016 to USD2.1bn in 2020, a compound annual growth rate (CAGR) of +6.2%. The prospect for cannibalisation of notebook and tablet spending by the proliferation of smartphone ownership exists, but overall outlook still positive due to income growth trends.

Full Report Details at

AV Sales: USD1.2bn in 2016 to USD1.5bn in 2020, a CAGR of 4.4%. Digital migration will support expansion of flat-panel TV set sales, which has substantial potential when compared to higher income emerging markets where the market is saturated.

Handset Sales: USD3.4bn in 2016 to USD4.5bn in 2020, a CAGR of 7.4%. Due to relatively low penetration the first-time smartphone upgrade engine still has momentum, which should mean handset spending growth outperforms over the medium term.

The Vietnam 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 Vietnam.

BMI Research'sVietnam 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 Vietnam.

Key Benefits
Benchmark BMI's independent consumer electronics industry forecasts for Vietnam to test other views - a key input for successful budgeting and strategic business planning in the Vietnamese consumer electronics market.
Target business opportunities and risks in Vietnam through our reviews of latest industry trends and major deals, projects and investments.
Exploit the latest competitive intelligence with company SWOT analyses.


BMI Industry View

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:

- United States Consumer Electronics Report Q3 2016
- India Consumer Electronics Report Q3 2016
- Indonesia Consumer Electronics Report Q3 2016
- Thailand Consumer Electronics Report Q3 2016
- Poland Consumer Electronics Report Q3 2016

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

Visit website »