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IT drives the Danish market growth in Q4

GfK TEMAX® results for Denmark, Q4 2019

Copenhagen, February 5, 2020 – Strong growth in the IT and Telecom sector helped the overall TCG market to achieve growth in Q4 2019. Sales of TCG increased by 5.3 percent compared to Q4 2018. A drop in revenue growth was recorded for Photo, Office Equipment and MDA.  

The pdf press release has been replaced by the Category Insights chart below. 

Table summary

Denmark Q4 2019
Q1 2019 M. DKK Q2 2019 M. DKK Q3 2019 M. DKK Q4 2019 M. DKK Q4 2019 / Q4 2018 / +/- % Q1-Q4 2019 M. DKK Q1-Q4 2019 / Q1-Q4 2018 +/- %
Consumer Electronics (CE) 772 657 714 1,036 3.0% 3,178 -0.5%
Photography (PH) 63 54 47 44 -35.0% 208 -22.6%
Major Domestic Appliances (MDA) 1,347 1,306 1,352 1,413 -2.5% 5,419 2.7%
Small Domestic Appliances (SDA) 519 500 518 746 4.2% 2,282 8.2%
Information Technology (IT) 2,005 1,737 1,939 2,251 8.1% 7,931 11.2%
Telecommunications (TC) 1,944 2,027 2,114 2,894 10.8% 8,979 5.6%
Office Equipment & Consumables (OE) 295 258 239 263 -6.4% 1,055 -3.0%
GfK TEMAX ® Denmark 6,945 6,538 6,924 8,646 5.3% 29,053 5.4%
General