(MENAFNEditorial)
The consumer electronics market in the UAE will continue to benefit from strong private consumption and a high business confidence in the local economy. The UAE will remain one of the leading consumer markets in the MENA region with the highest rate of household consumption expenditure per capita (we project this to rise from USD21437 in 2013 to approximately USD30000 by 2017). Dubai's strength as a booming tourist and retail centre - the emirate has a reputation as a 'safe haven' for both leisure travellers and investors - will continue to fuel growth in consumer sales over the coming years with the upcoming 2020 World Expo providing another catalyst .
Headline Expenditure Projections
Computer Sales: USD1.95bn in 2015 to USD2.37bn in 2019. The enterprise segment will sustain growth amid changing consumer preferences in favour of more mobile form factors.
Full Report Details at
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AV Sales: USD1.758bn in 2015 to USD2.9bn in 2019. Strong growth in the real estate sector and telecoms operators' convergence services will sustain growth of TV sales.
Handset Sales: USD631mn in 2015 to USD795mn in 2018. Smartphone demand is rising rapidly and will be further boosted by the strong take-up of 4G LTE subscriptions.
Key Trends & Developments
Apple's iPhone 5s continued to be the most used handset in the UAE in Q414 following an increase in market share according the Telecommunications Regulatory Authority (TRA). In the three months to December 31 2014 the newly released iPhone 6 along with the Samsung Note 3 and Samsung S5 increased market share. The Samsung S3 Samsung S4 LTE iPhone 4s and iPhone 5 - all lost market share in the fourth quarter. The TRA said smartphones accounted for 61% of handsets registered on the UAE's mobile networks between August 1 and December 31 2014.
Microsoft Devices has launched gold editions of its Lumia 830 and 930 smartphones in the UAE. The gold editions are to be introduced in select markets including the Middle East. The gold...
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's United 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.
* Exploit the latest competitive intelligence with company SWOT analyses.
Coverage
BMI Industry View
Summary of BMI's key industry forecasts views and trend analysis covering consumer electronics major investments and projects.
Consumer Electronics Market
Analysis of the size of the domestic market for electronics products with in-depth assessment and data covering the dynamics driving each sub-sector; audio-visual computers mobile phone handsets and gaming devices as well as demand for automotives electronics.
Electronics Industry
Analysis and data of the domestic electronics manufacturing sector. We assess the regulatory and business operational issues facing manufacturers - including openness to foreign investment infrastructure IP issues and the global demand context - and their impact on the production of electronics goods which is again broken down via market sub-sectors.
Industry Forecast Scenario
Historic data series and forecasts to end-2018 for all key industry and economic indicators (see list below) supported by explicit assumptions plus analysis of key risks to the main forecast covering computers communications and gaming devices. Indicators include:
Industry value (US$bn); population (mn); nominal GDP (US$bn); real GDP growth (%) GDP per capita industrial production Index (% y-o-y ave.) unemployment % of labour force.
Business Environment Rankings
BMI's Consumer Electronics Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors and participants in the regional consumer electronics market. The rankings methodology makes sophisticated use of over 40 industry economic and demographic data points.
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