UAE consumer electronics market to grow 6% to AED 14.2b this year
The total consumer electronics market in the UAE is expected to grow by 5.97 per cent to AED 14.2 billion this year compared to AED 13.4 billion last year, an industry expert said.
Isam Arshad, a research analyst at Euromonitor International, told TechRadar Middle East that mature products such as laptops, digital cameras and LCD TVs are struggling to remain in demand and manufacturers are keen to push for premium features and technological improvements to boost sales.
“People are looking to buy TVs with sizes over 50 inches and, at the same time; most of the key retailers are also displaying these sizes at their stores. The unit prices for OLED TVs are declining and that is attracting customers.
