Now Available: United Arab Emirates Consumer Electronics Report Q3 2016

From: Fast Market Research, Inc.
Published: Tue Jul 19 2016

Consumer electronics device spending potential is limited in the UAE by the maturity of the core market, where device penetration rates are already very high, and the potential downside from an easing of sanctions on Iran, which could see a lower volume of visitor device shopping. These factors inform our forecast for total device spending to contract at a CAGR of -0.1% over 2016-2020 to USD4.57bn in 2020. The market will however continue to be lucrative for vendor s in per capita terms due to high incomes and a culture of consumption, while population growth will also provide a small boost . N ew product categories such as Ultra-HD TV sets and wearables have the brightest outlook.

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Latest Updates & Industry Developments

Computer Sales: USD1.9bn in 2016 to USD1.83bn in 2020 at a CAGR of -0.9%. A decline in visitor spending as sanctions on Iran are eased will be a drag given the core domestic market is saturated, outweighing the positive impact of population growth.

AV Sales: USD818mn in 2016 to USD879mn in 2020 at a CAGR of 1.8%. The AV segment underperformed in recent years, but Ultra-HD TV upgrade spending offers brighter prospects due to high incomes in the UAE and a culture of home entertainment.

Handset Sales: USD1.86bn in 2016 to USD1.86bn in 2020 at a CAGR of -0.1%. High level of premium smartphone demand will support a lucrative market in per capita terms, but overall growth will be limited by the continued slowdown in unit sales as a result of saturation.

The United Arab Emirates 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 United Arab Emirates.

BMI Research'sUnited Arab Emirates 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 United Arab Emirates.

Key Benefits
Benchmark BMI's independent consumer electronics industry forecasts for United Arab Emirates to test other views - a key input for successful budgeting and strategic business planning in the Emirati consumer electronics market.
Target business opportunities and risks in United Arab Emirates through our reviews of latest industry trends and major deals, projects and investments.

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You may also be interested in these related reports:

- United States Consumer Electronics Report Q3 2016
- United Arab Emirates Tourism Report Q3 2016
- Wearable Electronics in the United Arab Emirates
- Consumer Electronics in the United Arab Emirates
- Consumer Appliances in the United Arab Emirates

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Contact Name: Bill Thompson
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