New Market Study Published: Iran Consumer Electronics Report Q4 2012
BMI expects the Iranian consumer electronics market to reach US$8.3bn in 2012, with growth constrained by the impact of US sanctions, currency devaluation, and subdued economic growth. The Iranian consumer faces a number of pressures, so demand for imported digital lifestyle products will remain constrained. In February 2012, the rial was subject to another 8% devaluation. The US-led drive to tighten sanctions against Iran has resulted in the US National Defense Authorization Act, However, Iran's steadily increasing population will support...
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