BMI View: We project US consumer electronics spending will grow by about 5.8% in US dollar terms in 2013, to reach a total value of US$247.2bn. Although the market is mature, with high penetration rates in a number of device categories, opportunities remain. Growth areas include large-size HD TV sets, smartphones, Microsoft Windows 8 tablets and convertibles/hybrids, Ultrabooks, and smart TV sets. BMI has downwardly revised its forecasts following negative growth in several key product categories during H113 – and questions remain about the sustainability of consumption in the absence of strong wage growth. Headline Expenditure Projections Computer hardware sales: …
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