Over the review period, consumer spending on electronics decreased because of the period of austerity that many Saudis are facing. This has made them spend on priorities other than consumer electronics. A decline in social spending and a reduction in subsidies have contributed to the domestic turmoil. Many Saudi employees and worker's salaries were cut almost by half by the government as a solution to curb the deficit. With the elimination of allowances and deductions of up to one third in basic pay, the government is taking serious actions affecting both Saudis and expats, putting pressure to reduce the spending on discretionary products and cut transfers of expat earnings out of the country. This has affected the consumer electronics market negatively.
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Consumer Electronics in Saudi Arabia report offers a comprehensive guide to the size and shape of the in-home, portable and in-car consumer electronics products markets at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, distribution or pricing issues. Forecasts illustrate how the market is set to change.
Product coverage: Computers and Peripherals, Digital Cameras by Type, In-Car Entertainment, In-Home Consumer Electronics, Portable Consumer Electronics, Tablets by OS.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Consumer Electronics market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market's major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
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