Consumer Electronics in the UAE
The consumer electronics market in the UAE is experiencing rapid growth. This is primarily fuelled by urbanization, digitalisation, and a tech-savvy population that is driving this transformation.
The market is currently valued at USD 16.2 billion with a higher demand for premium and high-end electronics. What’s more, the growth of the e-commerce sector is further fuelling the demand for consumer electronics in the UAE, which is reflective in an increasing trend for online shopping.
With innovations in technology and concepts like BNPL (Buy Now, Pay Later) services the UAE consumer electronics market is poised for significant growth in the coming years.