28 Mar 2011
(MENAFN) Business Monitor International (BMI) said that the Saudi consumer electronics devices market is expected to hit USD4 billion in 2011, reported Saudi Gazette.
BMI added that the market is expected to keep on growing until it hits USD5 billion by 2015. The BMI cited the growth to the increasing popularity and thus demand on flat-screen TV sets, smartphones and notebook computers.
BMI also forecasted per capita consumer electronics spend of USD in 2011, increasing to USD175 by 2015.
BMI forecast Saudi domestic market computer hardware sales alone to hit USD1.9 billion in 2011, compared to USD1.8 billion a year earlier.
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more