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NEW UPDATES Asean Affairs  6 October 2014  





Philippines among biggest technology devices markets


THE Philippines would be among the 10 biggest markets for technology devices next year with about US$4.1 billion worth of products expected to be sold in the country, according to global market research firm GfK.

GfK said that while the global technology device market in 2015 would only match the US$1 trillion in revenues being posted since 2011, greater opportunities arise from 10 emerging markets that are poised to grow a combined US$10.1 billion next year.

According to GfK forecasting director Kevin Walsh, this projection covers up to 70 digital devices, including personal computers, TVs, cameras as well as phones.

In the case of the Philippines, purchases of technology devices are expected to grow 6 per cent next year from projected sales worth US$3.8 billion this year.

The nine other emerging digital device growth markets identified by GfK were Bangladesh, Brazil, China, Egypt, India, Indonesia, Nigeria, Pakistan and Vietnam. China remains the largest market for technology devices with a US$199 billion market in 2014, although growth is seen inching up by just 1 per cent to US$200.8 billion in 2015.



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AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

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