New Market Report Now Available: Saudi Arabia Consumer Electronics Report Q1 2013
BMI View: Saudi consumer electronics spending will grow by about 5% in US dollar terms during 2013, powered by buoyant domestic consumption. In 2013, wage hikes and government largesse should continue to provide a boon for consumer electronics sales. Demand in 2012 was supported by a favourable trading environment with Saudi King Abdullah's US$93bn in handouts, including wage increases, supporting spending on big-ticket lifestyle products such as smartphones and flat-screen TV sets. Over BMI's five-year forecast period, Saudi Arabia is...
View full press release