Report Published: "Saudi Arabia Consumer Electronics Report Q2 2013"
We see the Saudi consumer providing good growth for the consumer electronics market, at around 5% in 2013 and rising to 6-7% in the following years of our forecast. These trends are supported by wage hikes and government investment policies. 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. We expect the market to remain a...
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