New Market Research Report: Oman Consumer Electronics Report Q2 2015

From: Fast Market Research, Inc.
Published: Sat Apr 25 2015

Vendors have continued to report strong revenue growth in Oman, fuelled by new technologies and products, as well as retail channel expansion. An evolving retail landscape and growing acceptance of hypermarket retailing will help stimulate sales, while a growing population is attracting more large retailers. Growing demand for high-end smartphones continues to compensate for stagnant sales of feature phones. Rising household incomes offer potential for strong growth in consumer electronics demand as consumers want the latest devices. Downside potential to our outlook is the impact of credit tightening and regional property slump, which may lead to a slowdown in sales. Downside to our outlook could come from sustained low oil prices, which could lead to higher taxes to the telecoms sector and could be indirectly passed on to the end user.

Full Report Details at

Headline Expenditure Projections

Computer Hardware Sales: USD236mn in 2014 to USD260mn in 2018. Tablet sales are reshaping the market as they cannibalise notebook sales, driving strong unit growth, but value growth will underperform as consumers switch form notebooks to cheaper tablets.

AV Sales: USD356mn in 2014 to USD411mn in 2018, remaining the largest segment of the market. Flat-panel TVs will encourage strong growth, as consumers move to access more content.

Handset Sales: USD239mn in 2014 to USD305mn in 2018. The handset market is the most dynamic segment of the consumer electronics market, with spending growth driven by upgrades to smartphones which are taking an increasing share of total handset sales.

Key Trends And Developments

* Smartphone and tablet sales are booming in Oman, driven by intense competition between vendors in the Android ecosystem. Although Apple's iPhone and iPad was the initial catalyst for the growth of the smartphone and tablet markets, it is sales of Android devices that account for the largest share of the market. Apple retains leadership in the tablet market but has long...

The Oman Consumer Electronics Report has been researched at source and features latest-available data covering both the manufacture and sale of consumer electronics products, critically analysing - and forecasting - the market dynamics affecting each sub-sector, including audio-visual, computers, mobile handsets, gaming and automotives electronics. Furthermore, the report analyses the domestic and global economic trends driving device demand and provides company rankings and competitive landscapes covering leading multinational and national consumer electronics companies and analysis of latest industry news and trends in Oman.

BMI Research's Oman Consumer Electronics Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the consumer electronics industry in Oman.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Egypt Consumer Electronics Report Q2 2015
- South Africa Consumer Electronics Report Q2 2015
- Argentina Consumer Electronics Report Q2 2015
- Indonesia Consumer Electronics Report Q2 2015
- Philippines Consumer Electronics Report Q2 2015

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »