BMI View: Kuwait is a high value consumer electronics market in per capita terms, and there was strong
growth fuelled by first-time sales of smartphones, tablets and flat-panel TV sets from the global financial
crisis until 2014. The growth potential of the market is ..."
BMI View: Kuwait has a large and lucrative hardware market where retail spending on PCs has been
strong over the past decade, but, as a result of a weaker economic outlook and PC market saturation,
demand is expected to be flat over the medium term. The hardware segme ..."
BMI View: With the mobile penetration rate now falling, Kuwait's mobile operators are focusing on new
ways of generating revenue growth. All of Kuwait's mobile network operators have launched LTE services,
thus stabilising average revenue per user over recent quarters ..."
BMI View: Kuwait's oil-centric economy means the economic and consumer electronics outlook is linked to
expectations around price trends, and our country risk team expects slower growth in private consumption
over the medium term, at about half the rate of 2010 to 201 ..."
BMI View: A combination of economic uncertainty in a low oil price environment and a saturated core
market for IT hardware means we have low expectations for IT spending growth in Kuwait over the medium
term. The downturn in economic sentiment and slowdown in private ..."
BMI View: With the mobile penetration rate now at around 190%, Kuwait's mobile operators are focused
on new ways of generating revenue growth. All of Kuwait's mobile network operators have launched LTE
services, and we expect the 4G LTE and LTE-A services to provide o ..."
BMI View: Latest Updates & Industry Developments
? Monthly blended average revenue per user (ARPU) continued to decline in the face of intense
competition, to KWD7.2 in Q215. Despite a boost from data services, ARPU's will decline to KWD20.1
by the end of 2016 a ..."
BMI View: The low oil price resulted in a further downward adjustment to our Kuwait consumer
electronics devices forecast in the Q216 update. Our country risk team expects slower growth in private
consumption over the medium term, at about half the rate of 2010-2015, ..."
BMI View: The growth outlook for Kuwait's IT market is weak, with the slowdown in private consumption
in a saturated retail PC market the main factor in a hardware centric IT market. We forecast total IT
spending will increase at a CAGR of 1.4% over 2016-2020, with so ..."
BMI View: We downgraded the outlook for 2015 in our Q415 report update to reflect the drag on demand
coming from a weak Kuwait economic outlook due to the prolonged global oil price slump, a factor that
was weighing in on consumer confidence. Nevertheless, we believe ..."