Egypt Consumer Electronics Report Q4 2014 - New Study Released
Currency depreciation and a lack of access to credit on favourable terms resulted in a dramatic slowdown in consumer electronics spending in 2013, but we forecast a recover y from 2014 as the economic environment stabilises. BMI has a positive medium term outlook for Egypt's consumer electronics market, with a young population, low device penetration rates, rising incomes and the falling cost of devices to drive growth. We expect government, vendor and operator-led investment in supporting infrastructure such as telecoms...
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