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Kuwait Consumer Electronics Market To Rise KD 205m

According to a recent forecast by Business Monitor International , the Kuwait consumer electronics market is set to increase KD 205 million ($707 million) in 2010. The consumer electronics market is a key growth sector for emerging markets such as the Middle East, as a tech-savvy population and tourism continue to grow in the country. Increasing demand for next generation technology and growing competition among manufacturers and resellers has transformed the consumer electronics industry to offer innovative lifestyle products. Today, consumers are seeking products that have better connectivity, performance, speed, quality and convenience to suit their lifestyle and home. This year, the consumer electronic market will see a growing trend towards feature rich notebooks, smartphones, 3D technology, high-end gaming and digital solutions. With so many innovations, both the industry and the retail trade are looking optimistically towards the Consumer Electronic segment at GITEX TECHNOLOG