New Consumer Goods research report from Business Monitor International is now available from Fast Market Research

Boston, MA -- (ReleaseWire) -- 04/30/2014 --Sales of key digital lifestyle products such as digital TV sets, smartphones and tablets are growing rapidly in Malaysia, and the country remains one of the region's high-growth consumer electronics markets.

Ongoing growth in private consumption, largely credited to the impact of cash handouts and increased government welfare spending, will support market expansion. The falling price of devices will be a further growth driver, particularly with increasing competition in the smartphone, tablet and flat-screen TV markets from Chinese vendors. However, there is downside risk due to uncertainties over the export market, while the outlook for employment could weigh on consumer confidence and limit spending on discretionary lifestyle products such as TV sets.

View Full Report Details and Table of Contents

Headline Expenditure Projections

Computer Hardware Sales: US$3.0bn in 2013 to US$3.2bn in 2014. Tablet sales are driving unit growth, but with preference for low-cost devices, growth in market value is failing to keep pace.

AV Sales: US$1.8bn in 2013 to US$1.9bn in 2014. HD, smart TV sets and digital cameras provide strong growth areas, but AV will remain the slowest growth segment of the consumer electronics market.

Communications Sales: US$3.5bn in 2013 to US$3.8bn in 2014. Smartphone penetration is rising rapidly as device prices decline, and the launch of 4G mobile services will act as a push factor for upgrades at the high end of the market.

Key Trends And Developments

The PC market is in the midst of a major transition, with declining sales of traditional PC form factors (desktops and notebooks) as consumers shift their attention to tablets. Falling prices in the tablet market will drive growth in sales, while Malaysia's improved wireless broadband infrastructure, offering an increased number of hotspots, will also boost sales. However, the desktop and notebook market is not declining as steeply as in more developed markets, with the lower PC penetration meaning there is still demand for productivity-oriented devices. xHybrid or convertible notebook/tablet designs could fill this gap, if vendors can offer attractive design at mass market price points.

Smartphone sales are the fastest-growing segment of Malaysia's consumer electronics market. Affordable Android-based devices have been the key driver of sales growth, and with prices expected to continue declining as vendors battle for market share, BMI expects growth to remain strong through 2014. As well as consumer demand for devices, operator subsidies to reclaim investments in 3G and 4G LTE network infrastructure are another growth driver.

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Consumer Goods research reports at Fast Market Research

You may also be interested in these related reports:

- Thailand Consumer Electronics Report Q2 2014
- Venezuela Consumer Electronics Report Q2 2014
- Bahrain Consumer Electronics Report Q2 2014
- South Africa Consumer Electronics Report Q2 2014
- Chile Consumer Electronics Report Q2 2014
- Israel Consumer Electronics Report Q2 2014
- Bulgaria Consumer Electronics Report Q2 2014
- Peru Consumer Electronics Report Q2 2014
- Taiwan Consumer Electronics Report Q2 2014
- Serbia Consumer Electronics Report Q2 2014