2014-03-17 05:58:05 - Kuwait Consumer Electronics Report Q1 2014 - a new market research report on companiesandmarkets.com
Strong private consumption and access to the latest technologies show promise in the Kuwaiti market. Kuwait has a relatively high GDP per capita along with its strong private consumption, mainly fuelled by its hydrocarbons resources. However, the country´s small population means it has much smaller sales per capita than many other countries in the region. In our latest update to Kuwait´s Consumer Electronics Report, we take a look at international and local players´ role in the country´s competitive landscape.
Computer Hardware Sales: US$393mn in 2012 to US$401mn in 2013, +1.9% in US dollar terms. Form factors such as tablets and ultrabooks will be key growth areas.
AV Sales: US$454mn in 2012 to US$484mn in 2013, +6.5% in US dollar terms. Rising incomes,
the growing affordability of AV devices and product innovation will drive continued growth.
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