BMI View: We have made some minor downwards revisions to our Brazilian mobile market forecast in the
Q416 report update. The revisions account for the negative growth in 2015 and H116. Furthermore, the
challenging macroeconomic environment and the uncertain politica ..."
BMI View: Economic activity in Venezuela virtually ground to a halt in 2016, with out of control inflation
and product shortages meaning local consumers faced a dramatic reduction of affordability and product
shortages, even for basic goods. Consumer electronics dev ..."
BMI View: Venezuela's IT market has contracted sharply in US dollar terms as a result of the severity of
the economic crisis - with the new exchange rate regime and spiralling inflation contributing to product
shortages and price rises far in excess of local wage grow ..."
BMI View: Economic and political crisis in Brazil has hit consumer electronics spending hard, with steep
declines in 2015 and 2016. The outlook is subdued as a result of a sluggish economic recovery that means a
bounce back in device spending is unlikely, with the pur ..."
BMI View: The Brazilian IT market contracted sharply in 2015, with further, albeit less substantial, decline
forecast for 2016 due to a combination of political and economic factors. As the economy emerges from
recession and the political situation stabilises we envis ..."
BMI View: The Argentine IT market has considerable potential, but economic challenges have been a drag
on growth in recent years. Challenging economic conditions are again a negative for IT demand in 2016 as
a result of the devaluation of the peso in December 2015, pa ..."
BMI View: The new regulator is taking an investor-friendly approach to market development, although
further reforms are still needed. Mobile subscription growth has stalled and the ability for operators to
embrace converged services could not come at a more apposite t ..."
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: Argentina's consumer electronics market performance has been driven by economic factors in
recent years, as devaluations in 2014 and late 2015 hit affordability. As a result there is pent-up demand
that we expect to be unlocked as the economy improves from 2 ..."