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Asia IT retail market strong despite global economic crisis

Zafar Anjum | Aug. 12, 2008
GfK Asia's data shows substantial growth in retail figures in the region.

In Singapore, notebooks sold almost 4 times more than desktops in retail with just over 112 thousand units reported sold.

GfK Asia also forecasts that emergence of the netbook as a new segment into the portable PC market will close the gap to bring the total PC market to a 50/50 (desktop/notebook) scenario by year's end.

Drop in sales of stand alone monitors

The market tracking company also reported a -2 per cent drop in unit sales of stand alone monitors across Asia. According to its figures, the total market segment generated just over US$312 million in the first six months of 2008 with total retail unit sales nearing 1.4 million, a nine per cent increase over the same period in 2007. Developing countries such as Indonesia and Malaysia buoyed up the total Asian figures with double digit growth in both volume and value while Singapore and Hong Kong reported significant retail sales drops.

Multifunction printers on the rise

Multifunctional printers are on the rise in Asia, led by Thailand, says GfK Asia. Multifunctional devices are gaining ground taking 45 per cent of the total printing market with sales of 1.7 million units in the first half of the year.

However, single function printers still account for 55 per cent of Asia's total printer market, and maintained a higher actual sales volume of just under 2.2 million. The report noted that this represents a drop (down seven per cent) from last year's sales during the same time period.

 

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