Wine is one of the utmost popular drinks consumed worldwide. The escalating demand for wine, because of its unusual taste and health assistances is one of the key aspects boosting the growth of the global wine market. The global wine mar…
BMI View: Singapore was one of the first markets globally to pass through the smartphone and tablet
booms, and after several years of spending declines as the market adjusted to replacement sales volumes we
envisage relatively stability over the medium term. Growth potential is severely diminished in volume terms,
and spending will also be flat, but there are still pockets of the market where trends are much more distinct.
For instance, tablet sales are declining sharply in the face of competition from phablets, while we expect
hybrid notebooks to fare much better in the PC market. However, for the market as a whole we forecast
spending will increase at a CAGR of just 1.5% in Singapore over 2016-2020.
Latest Updates & Industry Developments
? Computer Hardware Sales: USD1.5bn in 2016 to USD1.6bn in 2020, a compound annual growth rate
(CAGR) of 1.7% in US dollar terms. The downgraded outlook in Q416 is due to the weaker outlook for
tablet sales, which are being cannibalised by the popularity of phablets.
? AV Sales: USD555mn in 2016 to USD584mn in 2020, a CAGR of 1.3%. The market is down
substantially from its peak, and though Smart and Ultra-HD TV set upgrades are a positive, growth
momentum will be weak.
? Handset Sales: USD683mn in 2016 to USD717mn in 2020, a CAGR of 1.2%. Premium focus lucrative
for Apple and Samsung's flagship devices, but smartphone saturation means market growth will be