Springboard Research, a leading innovator in the IT Market Research industry, today announced that the Bangladesh PC/Server market generated growth of 23.8% in Q1 2006 (Jan-Mar) as compared to the first quarter of the preceding year. A total of 45,074 PC-Server units were shipped in the first three months of the year. Continued healthy economic indicators and increased investment from the home and government segments helped accelerate PC/Server market growth. The government segment registered the highest growth with 30.7% expansion in annual terms.
HP led the market in Q1 with a 6.8% share of total shipments, followed by Dell and Lenovo. Local providers Daffodil and Flora placed favourably in the market with ranks of #4 and #5 and overall shipment market share of 3.8% and 3.3%, respectively.
From a usage perspective, large enterprises are currently the dominant segment of the market, contributing around 23.0% of the total PC/Server shipments. The large corporations -- particularly in banking and telecom -- are the key customers driving market growth. The government segment showed strong growth of 30.7% annually mainly due to the increased automation activities of local and national bodies along with improving economic indicators in the country. The SMB market represents a significant portion of shipments (33.9%) in Bangladesh but receives limited focus from IT vendors due to the substantial opportunities in the government and large enterprise sectors.
"Bangladesh is one of the key emerging countries in Southeast Asia. The increased investments from multinational IT vendors and IT promotion bodies in the country have accelerated the nation's IT market growth," noted Manish Bahl, Sr. Analyst, Springboard Research. "If the domestic political situation improves and stabilizes, the market could grow faster than expected. There are many unexplored opportunities in the Bangladesh PC market which are yet to be exploited"
"Despite of the domestic political uncertainties and the impact of higher oil prices, our outlook for Bangladesh remains relatively calm and positive. We have slightly increased our outlook for the Bangladesh PC/Server market due to the positive economic indicators in the country. We expect PC/Server shipments to increase approximately 22.1% in 2006 and then slow down the first half of 2007 mainly due to the election and political scenario," added Mr. Bahl.
About the Asia Emerging Countries Tracker
Asia Emerging Countries Tracker is a Springboard Research service that tracks PC/Server market developments in Bangladesh, Brunei, Cambodia, Sri Lanka and Pakistan on a quarterly basis. The methodology employed for this service leverages interviews with IT resellers, vendors, component suppliers and end-users at the local and regional level.
About Springboard Research
Springboard Research represents value, integrity and insight. Lead by a team of dynamic industry experts, Springboard Research provides its customers with high value IT market research that helps them identify new market opportunities, growth engines, and innovative ways to go to market, which means Springboard's customers lead rather than follow market trends. Not bound by legacy, Springboard's cutting-edge research model leverages its offshore research centers, the Internet, and an increased use of technology as engines of innovation to deliver unique research value. This means that customers have a real alternative for IT market research and where knowledge is delivered in more useable and interactive formats. Springboard Research works with the largest IT companies in the world across the hardware, software, networking, and services sectors.
Founded in 2004, Springboard Research serves the needs of its clients globally through offices in the United States, Singapore and Japan as well as global research centers in India and Pakistan.
For more information regarding Springboard Research, please visit www.springboardresearch.com.
Contacts
Chris Perrine
Vice President -- Business Development
Springboard Research
65-6236-7681
cperrine@springboardresearch.com
Dane Anderson
Vice President -- Research
Springboard Research
65 6236-7682
danderson@springboardresearch.com
Manish Bahl
Sr. Analyst -- Custom Research
Springboard Research
91 981068-1717
mbahl@springboardresearch.com