We forecast total consumer electronics spending will increase by -.- to USD-.--bn in ----. This is a small upgrade based on sustained demand growth for tablets and notebooks in the PC segment and smartphones in the handset segment, as reflected in the latest trade data. ...This is a small upgrade based on sustained demand growth for tablets and notebooks in the PC segment and smartphones in the handset segment, as reflected in the latest trade data. The forecast has only been tweaked in Q- because we were already anticipating that Qatar s device market would be relatively unaffected by the downside from a global oil price slump compared to other GCC sates. The strength of the economy is built on government infrastructure and public service investment that offset downside from lower oil prices, particularly through large projects ahead of the ---- FIFA World Cup. ...Qatar is a lucrative market due to the highest per capita incomes in the world, making it an attractive market for vendors despite the limitations of a population of just -.--mn in ----. High incomes mean there is a deep market, with high device penetration rates, which means that explosive growth - as is occurring in
...Computer Hardware Sales: USD---mn in ---- to USD---mn in ----, a compound annual growth rate (CAGR) of -.- . Hybrid notebooks are an area of strong growth, while tablet demand has fared better in the face of competition from tablets than in most markets. AV Sales: USD---mn in ---- to USD---mn in ----, a CAGR of -.- . After underperformance in ---- - when TV set spending contracted - we have a brighter outlook as UHD TV sets act as an upgrade trigger in the high-value premium segment. Handset Sales: USD---mn in ---- to USD---mn in ----, a CAGR of -.- . ...Handset Sales: USD---mn in ---- to USD---mn in ----, a CAGR of -.- . In ---- lower-cost smartphone availability deepened the market to a larger share of migrant workers, which resulted in an upward revision to the volume outlook, but this upside is countered in the value forecast by the declining average selling price for smartphones.
...Minor upgrade to PC and handset data for ---- and ---- in the Q--- update to reflect the latest trade data, but the AV segment fared worse than expected in ---- as TV set demand declined. The increased supply of lower-cost smartphones in ---- deepened the market to a larger share of migrant workers and raises the volume growth outlook, but this is countered by declining smartphone unit prices when formulating the value growth forecast. ...