Fiber optic connectors are a substantial fragment of the global telecommunication industry. Optical fibers are joined using fiber optic connectors, which allow the light conduction between two consecutive optical fibers. An additional im…
BMI View: After a double-digit contraction in 2015 when kuna depreciation hit consumer electronics
spending in Croatia, we forecast a return to growth from 2016 and a CAGR of 2.9% for 2016-2020. A
stronger economic environment including GDP growth and kuna appreciation will be a welcome boost for
vendors after recession during 2009-2014 and then the blow to affordability from depreciation in 2015.
This will allow vendors to tap remaining first-time buyer opportunities as confidence increases, as well as
deferred upgrade/replacement purchases from the preceding period of economic uncertainty.
Latest Updates & Industry Developments
? Computer Hardware Sales: USD260mn in 2016 to USD286mn in 2020, a CAGR of 2.4%. Outlook
lowered in Q416 as a result of the threat to PC spending posed by consumers' increasing preference for
smartphones as their computing devices.
? AV Sales: USD218mn in 2016 to USD242mn in 2020, a CAGR of 2.6%. Higher-value Ultra HD TV set
upgrades will boost spending now that the core flat-panel upgrade boom has passed, putting the segment
on a stronger trajectory from 2016.
? Handset Sales: USD300mn in 2016 to USD346mn in 2020, a CAGR of 3.6%. After a slowdown in
smartphone upgrades in 2015, we expect a reacceleration in 2016 and upgrade momentum to be
maintained until the later years of the forecast.