Saudi consumer electronics market surges
Saudi Gazette | 7.26.12
Saudi Arabia’s consumer electronics devices market, defined as the addressable market for computing devices, mobile handsets and video, audio and gaming products is projected at $6.4 billion in 2012, Business Monitor International said in “Saudi Arabia Consumer Electronics Report Q2 2012″report.
This is expected to increase to $8.2 billion by 2016, driven by the growing popularity of flat-screen TV sets, smartphones, notebook computers and other key product groups. It will also be driven by ongoing expansion of the electronics retail sector.