Mideast elects accessories market profit to surpass USD1bn


(MENAFN) The Middle East electronics accessories market revenue is predicted to grow from USD572mn in 2014 to USD1bn by 2025, driven by the increase of electronic devices.

Moreover, the market is also projected to record a compound annual growth rate of 5.4 percent amid the cited period due to different factors.

Additionally, the electronics market is segmented on the basis of product type, end use, price range, distribution channel and region.

The mobile phone accessories segment was estimated to account for 62.7 percent share of the Middle East electronics accessories market by 2025.


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