South Africa Consumer Electronics Report Q3 2013 - New Study Released
We retain our positive outlook for the South African consumer electronics market in 2013, with estimated growth of 11.4%. This will be driven by relatively strong private consumption growth, at 3.2% in 2013, increased spending on big ticket items such as PCs and notebooks, and the rising demand for smartphones on the back of rapid 3G and 4G network roll-out and declining data tariffs.
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