Saudi consumer electronics market surges

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.





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