BMI View: We have made some minor forecast revisions for the Colombian mobile market in the Q416
quarterly report update. BMI holds the view that the mobile market is beginning to slow, having posted
robust growth in the preceding years. The negative impact of inactiv ..."
BMI View: The Colombian consumer electronics devices market is served primarily through imported
devices, and as such the exchange rate has a significant impact on domestic spending trends through shifts
in the affordability of devices. This was evident in 2015 when s ..."
BMI View: Colombia is a market with great potential due to relatively low penetration rates for PCs,
software and solutions. Our core scenario is for an IT spending CAGR of 4.5% over 2016-2020 as the
economy strengthens, with a potential tailwind from the formal concl ..."
BMI View: We believe that the Columbian mobile
market is beginning to slow down after posting
robust growth in preceding years. The negative
impact of inactive SIMs being discounted was
evident, as the market recorded sharp negative
subscriber losses ..."
BMI View: We forecast Colombian consumer electronics spending will increase at a CAGR of 10.6% over
2016-2020, with spending expected to reach USD5.6bn in 2020. This follows a sharp contraction in 2015,
when steep peso depreciation against the US dollar hit affordabil ..."
BMI View: Trade data for Colombia in 2015 reinforced our bearish assessment of domestic market
conditions as hardware demand fell sharply as a result of peso depreciation against the US dollar, which
caused a negative shock to affordability. Led by a drop in hardware ..."
BMI View: Latest Updates & Industry Developments
? The market contracted in Q3 2015 by 0.762mn subscribers after having grown significantly for around 12
quarters. We believe this may be due to a high number of inactive sim connections that were discounted.
? Mo ..."
BMI View: Colombia's consumer electronics market contracted sharply in 2015 in a climate of steep peso
depreciation against the US dollar, and the weak outlook extends to 2016, though we do expect a slower
rate of contraction as peso depreciation slows. The weak perfo ..."
BMI View: Following a downward revision based on weaker than anticipated retail PC sales in H215, we
now estimate the market contracted in local currency terms in 2015, while contracting by almost 29% in US
dollar terms. Our forecast envisages 2016 as another challeng ..."
BMI View: We forecast the Colombian consumer electronics market to rebound modestly in 2016 following
a period of sharp contraction in 2015 due to significant peso depreciation vis-à-vis the US dollar. The
medium-term outlook is significantly stronger however, with th ..."