Consumer Electronics Retail in Saudi Arabia
Summary
Consumer Electronics Retail in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The consumer electronics retail market comprises the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment. The market value represents the retail sales value of consumer electronics.
- The Saudi Arabian consumer electronics retail market recorded revenues of $17.4 billion in 2023, representing a compound annual growth rate (CAGR) of 4.2% between 2018 and 2023.
- The communications equipment segment accounted for the market's largest proportion in 2023, with total revenues of $9.2 billion, equivalent to 53.1% of the market's overall value.
- In 2023, the Saudi Arabian consumer electronics retail market recorded an annual growth of 3.5%. The growth is attributed to Kingdom's Vision 2030 initiative, which emphasizes digital transformation and technological adoption across all sectors. This has significantly increased demand for communication equipment, such as smartphones.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the consumer electronics retail market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the consumer electronics retail market in Saudi Arabia
- Leading company profiles reveal details of key consumer electronics retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia consumer electronics retail market with five year forecasts
- What was the size of the Saudi Arabia consumer electronics retail market by value in 2023?
- What will be the size of the Saudi Arabia consumer electronics retail market in 2028?
- What factors are affecting the strength of competition in the Saudi Arabia consumer electronics retail market?
- How has the market performed over the last five years?
- Who are the top competitors in Saudi Arabia's consumer electronics retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Jarir Marketing Co
- 8.2. United Yousef M Naghi Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Saudi Arabia consumer electronics retail market value: $ million, 2018-23
- Table 2: Saudi Arabia consumer electronics retail market category segmentation: % share, by value, 2018-23
- Table 3: Saudi Arabia consumer electronics retail market category segmentation: $ million, 2018-23
- Table 4: Saudi Arabia consumer electronics retail market geography segmentation: $ million, 2023
- Table 5: Saudi Arabia consumer electronics retail market distribution: % share, by value, 2023
- Table 6: Saudi Arabia consumer electronics retail market value forecast: $ million, 2023-28
- Table 7: Jarir Marketing Co: key facts
- Table 8: Jarir Marketing Co: Annual Financial Ratios
- Table 9: Jarir Marketing Co: Key Employees
- Table 10: United Yousef M Naghi Co Ltd: key facts
- Table 11: United Yousef M Naghi Co Ltd: Key Employees
- Table 12: Saudi Arabia Size of Population (million), 2019-23
- Table 13: Saudi Arabia real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 14: Saudi Arabia GDP (Current Prices, $ Billion), 2019-23
- Table 15: Saudi Arabia Inflation, 2019-23
- Table 16: Saudi Arabia Consumer Price Index (Absolute), 2019-23
- Table 17: Saudi Arabia exchange rate, 2018-23
- List of Figures
- Figure 1: Saudi Arabia consumer electronics retail market value: $ million, 2018-23
- Figure 2: Saudi Arabia consumer electronics retail market category segmentation: $ million, 2018-23
- Figure 3: Saudi Arabia consumer electronics retail market geography segmentation: % share, by value, 2023
- Figure 4: Saudi Arabia consumer electronics retail market distribution: % share, by value, 2023
- Figure 5: Saudi Arabia consumer electronics retail market value forecast: $ million, 2023-28
- Figure 6: Forces driving competition in the consumer electronics retail market in Saudi Arabia, 2023
- Figure 7: Drivers of buyer power in the consumer electronics retail market in Saudi Arabia, 2023
- Figure 8: Drivers of supplier power in the consumer electronics retail market in Saudi Arabia, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the consumer electronics retail market in Saudi Arabia, 2023
- Figure 10: Factors influencing the threat of substitutes in the consumer electronics retail market in Saudi Arabia, 2023
- Figure 11: Drivers of degree of rivalry in the consumer electronics retail market in Saudi Arabia, 2023
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