Consumer electronics demand on the rise in ASEAN

thailand-smartphoneDemand for consumer electronics devices such as PCs, smartphones, and video in Indonesia is set to increase 39 per cent to more than $15 billion in 2017, according to Technology, Media & Telecommunications Predictions 2014 report by Deloitte, MIS Asia reported.

Smart TV market penetration in Asia Pacific is predicted to grow from 6 per cent of households in 2013 to 16 per cent in 2016. Samsung and LG are dominating this market in the Asia Pacific region. However, Smart TV market penetration in Southeast Asia is not so fast as consumers in Southeast Asia are slow in adopting new technology such as 3D and LED as compared to consumers in China and more developed nations in Asia Pacific.

Pay TV penetration levels in mature Southeast Asian markets are more than 60 per cent of all households. Emerging Southeast Asian economies are set to experience strong Pay TV revenue growth till 2018. Deloitte predicts there will be 100 million eVisits globally and Southeast Asia is also willing to adopt this concept. In Singapore, popularity of this concept will increase as the government wants to reduce medical costs and make healthcare more affordable.

The consumer market in Singapore is forecast to plateau earlier than the emerging markets as the nation already displays a very high consumer electronic penetration rate. The average Singaporean has 6.8 devices higher than the average for most mature markets in the West and the replacement cycles for handsets are increasing in length.

Tablets penetration rates in Southeast Asia are relatively high with 80 per cent of Singaporeans and 80 per cent of affluent Indonesians having access to either a medium or large tablet.

Use of SMS has gone down in the region due to popularity of messaging apps such as KakaoTalk and WhatsApp.

Phablets will continue to grow in popularity in Southeast Asia and multiple Asia based manufacturers like Huawei and Samsung are launching new phablets to tap this lucrative market.



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Demand for consumer electronics devices such as PCs, smartphones, and video in Indonesia is set to increase 39 per cent to more than $15 billion in 2017, according to Technology, Media & Telecommunications Predictions 2014 report by Deloitte, MIS Asia reported. Smart TV market penetration in Asia Pacific is predicted to grow from 6 per cent of households in 2013 to 16 per cent in 2016. Samsung and LG are dominating this market in the Asia Pacific region. However, Smart TV market penetration in Southeast Asia is not so fast as consumers in Southeast Asia are slow in adopting new...

thailand-smartphoneDemand for consumer electronics devices such as PCs, smartphones, and video in Indonesia is set to increase 39 per cent to more than $15 billion in 2017, according to Technology, Media & Telecommunications Predictions 2014 report by Deloitte, MIS Asia reported.

Smart TV market penetration in Asia Pacific is predicted to grow from 6 per cent of households in 2013 to 16 per cent in 2016. Samsung and LG are dominating this market in the Asia Pacific region. However, Smart TV market penetration in Southeast Asia is not so fast as consumers in Southeast Asia are slow in adopting new technology such as 3D and LED as compared to consumers in China and more developed nations in Asia Pacific.

Pay TV penetration levels in mature Southeast Asian markets are more than 60 per cent of all households. Emerging Southeast Asian economies are set to experience strong Pay TV revenue growth till 2018. Deloitte predicts there will be 100 million eVisits globally and Southeast Asia is also willing to adopt this concept. In Singapore, popularity of this concept will increase as the government wants to reduce medical costs and make healthcare more affordable.

The consumer market in Singapore is forecast to plateau earlier than the emerging markets as the nation already displays a very high consumer electronic penetration rate. The average Singaporean has 6.8 devices higher than the average for most mature markets in the West and the replacement cycles for handsets are increasing in length.

Tablets penetration rates in Southeast Asia are relatively high with 80 per cent of Singaporeans and 80 per cent of affluent Indonesians having access to either a medium or large tablet.

Use of SMS has gone down in the region due to popularity of messaging apps such as KakaoTalk and WhatsApp.

Phablets will continue to grow in popularity in Southeast Asia and multiple Asia based manufacturers like Huawei and Samsung are launching new phablets to tap this lucrative market.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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