Boston, MA -- (SBWIRE) -- 07/22/2014 -- The volume and value of trade in IT products will grow steadily over the medium term, helped by strong domestic consumption in the run up to the 2020 World Trade Expo in Dubai. However, the re-export market faces considerable downside risks in the long term from the likely improvement in the competitiveness of other countries in the region, both in terms of logistics facilities and country risk factors.
Headline Expenditure Projections
Computer Sales: USD1.8bn in 2014 to USD2.3bn in 2018. Strong demand in the enterprise segment will sustain growth amid changing consumer preferences in favour of more mobile form factors.
View Full Report Details and Table of Contents
AV Sales: USD1.5bn in 2014 to USD2.6bn in 2018. Strong growth in the real estate sector and telecoms operators' convergence services will sustain growth of TV sales.
Handset Sales: USD580mn in 2014 to USD743mn in 2018. Smartphone demand is rising rapidly, and will be further boosted by the strong take-up of 4G LTE subscriptions.
Key Trends & Developments
Dubai Customs reported that the total value of trade (import and export) in IT hardware and software rose 35% y-o-y to AED237bn (USD64.5bn) in 2013, equivalent to 18% of the emirate's total trade volume for the year. This was up from AED175bn in 2012 and AED113bn in 2011. BMI calculates that the FY13 IT trade value represents an impressive CAGR of 77.6% over a 12-year period, from just AED24bn in 2002. A significant proportion of that growth was driven by domestic consumption in the UAE with rapid economic growth and investment over the last decade. Dubai's position as a major trade hub is partly responsible for the growth, although improvements in the competitiveness of other major economies in the region will threaten its long term dominance.
Microsoft announced the availability of Surface Pro 3 tablet for commercial customers in the UAE. The tablet has a 12-inch ClearType full HD display, 4th-generation Intel Core processor, 512GB internal storage and up to 8GB of RAM....
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.
Business Monitor International (BMI)'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.
- 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.
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.
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:
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Consumer Goods research reports at Fast Market Research
You may also be interested in these related reports:
- Consumer Electronics in the United Arab Emirates
- The Future of the Fragrances Market in the United Arab Emirates to 2017: Market Size, Distribution and Brand Share, Key Events and Competitive Landscape
- Styling Agents Market in the United Arab Emirates: Market Profile to 2017
- Hair Colorants Market in the United Arab Emirates: Market Profile to 2017
- Shampoo Market in the United Arab Emirates: Market Profile to 2017
- Conditioner Market in the United Arab Emirates: Market Profile to 2017
- Perms and Relaxers Market in the United Arab Emirates: Market Profile to 2017
- Consumer Appliances in the United Arab Emirates
- Mobile Phones in the United Arab Emirates
- Facial Care Market in the UAE to 2017