Today: February 7, 2016, 4:49 am

Vietnam consumer electronics market: Computer hardware industry revenue hits $2.1 billion in 2013
Vietnam Consumer Electronics Report Q3 2013 - a new market research report on 2014-04-23 14:15:02
We project Vietnam consumer electronics spending will grow by about 12% in US dollar terms in 2013 to US$5.9bn. Sales of handsets and TV sets reported a dip in Q113, despite a typical boost from the Lunar New Year shopping season. In 2012 Vietnamese retail demand for consumer electronics products grew robustly, although there was pressure on consumers´ incomes from rising inflation. In 2013, uncertainties over the outlook for employment could cause households to cut back on spending. The country´s vast, underpenetrated rural market offers the greatest growth potential, while Hanoi and Ho Chi Minh City accounted for most sales. Growth areas include smartphones, which could comprise 50% of handset sales in 2013, and LED TV sets, which reported triple-digit growth in 2012.However, sales of FLED TVs and smartphones have been fuelled by lower prices, placing pressure on retailer and vendor margins.

Headline Expenditure Projections

- Computer hardware sales: US$1.8bn in 2012 to US$2.1bn in 2013, +13% in US dollar terms. Forecast in US dollar terms is unchanged, but due to Windows 8 tablets and ultrabooks we expect sales in these areas to grow in 2013.

- AV sales: US$1.4bn in 2012 to US$1.6bn in 2013, +14% in US dollar terms. Forecast in US dollar terms unchanged, with flat-screen TV sets expected to provide the most dynamic development.

- Handset sales: US$2.0bn in 2012 to US$2.2bn in 2012, +9% in US dollar terms. Forecast in US dollar terms unchanged, with Android smartphones and low-cost feature phones the main driver of growth.

Click for report details: ..

Browse all Consumer Goods Market Research Reports ..

Browse all Consumer Goods Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 448 Words
Related Articles
More From Finance Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source has announced that it will now be offering the [..] Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]
The Experts at Explain How to [..]
Foreclosures have gone through a decrease over the past decade, but that doesn’t mean they don’t still happen. People who [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.