The United Arab Emirates (UAE) is an association of seven emirates, is highly cosmopolitan and features a large expatriate workforce. The country holds the second largest economy in the Arab world, accounting for $402.3 billion GDP. Being one of the largest oil producers, the region has undergone a profound transformation from a penurious region of small desert principalities to a modern state with a high standard of living. The country has free trade zones - offering 100% foreign ownership and zero taxes has attracted large number of foreign investors to the region.
UAE currency, the dirham, is secure and easily convertible. With low import duties, the region has no restriction on the profit transfer or capital repatriation. Number of government initiatives with excellent, reliable infrastructure and stable & safe working environment makes the region one of the ideal place for investments.
Mobile and tablets is one of the fastest growing sector, with a large number of unreached areas and untapped customers in the country. And, as such this growth will in-turn boost the growth of mobile and tablet accessories market in UAE.
In the last five years, the mobile phones and the tablets have emerged as essential devices that UAE consumers rely on to communicate and navigate. Consumers have started using smartphones/tablets to assist them in managing and improving their daily assignments. They want their devices to be protected and fully active (Charged). Depending on the needs and preferences, consumer customize their devices with different accessories. They are using smart accessories to increase the basic features of their mobile and tablet devices and enhance their activities in gaming, music and photography.
In coming years, high profit margins and rapid technological innovation will drive the mobile and tablet accessories market in UAE. Demand is expected to grow at a CAGR of XX.XX% to reach US $XX.XX million by 2020. The mobile and tablet accessories market is expected to grow at least as fast as that of mobile phones for the period.
UAE holds immense opportunities for accessories due to a large potential and existing consumer base and growth in their adoption of smartphones and tablets. Increasing usage of smartphones and tablets in the region has enabled consumers to use them as a controller for other peripherals devices such as health monitors, toys, printers, home automation systems and others. Declining device prices, growing online retail market and the millennial populations are contributing to the growth to a large extent. Detachable screens, keyboard on covers and others such flexible and innovative options will also act as a catalyst for growth in demand for tablet accessories.
Increasing disposable incomes, technological innovations, rapid adoption of smartphones and tablets, changing consumer behavior, rising demand for different mobile Apps and the desire of consumers to be tech savvy, to stay connected with near and dear, are all factors pushing the demand for mobile and tablets. As these mobile purchases are still once in a while buys in UAE, people in order to protect their mobiles and tablet splurge on accessories. Particularly, it is the status conscious customers and those who use mobiles as a fashion accessory that driving the accessories market.
UAE mobile and tablet accessories market has been segmented into Safety Cases, Scratch Guard, Bluetooth, Desk stands, Wired and Wireless Chargers, Wired and Wireless Keyboards, Power Bank and others. Rapid innovations in wireless chargers with dust-proof, scratch-resistant and water-resistant screen guards will further drive the growth of the market.
What the report offers
The study elucidates the situation of UAE and predicts the growth of its Mobile and Tablet Accessories Industry. Report talks about growth, market trends, progress, challenges, opportunities, technologies in use, growth forecast, major companies, upcoming companies and projects etc. in the Mobile and Tablet Accessories sector of UAE. In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector. Lastly, the report is segmented by various types’ Mobile and Tablet Accessories available in the country.
1.1 Scope of the Report
1.2 Regional Analysis
1.2.1 PESTLE Analysis
1.2.2 Analysis of Ease of Doing Business
2. Market Dynamics
3. Market Demand Analysis
3.1 Socio-Economic Segmentation
3.2 Demographic Strengths & Weaknesses
3.3 Spending Patterns
3.4 Target Market Identification
4. Market Size of Mobile and Tablet Accessories Market (USD millions)
4.1 By Type
5. Market Entry
5.1 Market Entry: The Strategy
5.1.1 Types of Entry Modes, by Market Entry Objectives
5.1.2 Competition Analysis
22.214.171.124 Market Share
126.96.36.199 Strategies Adopted, Recent Events
5.1.3 Pricing Strategy
5.1.4 Supply Chain Analysis
188.8.131.52 Trade (Import-Export Analysis)
184.108.40.206 Distribution Network & Retail Analysis
5.2 Market Entry: The Administration
5.2.1 How to Register a Company (Flowchart)
5.2.2 Registration Processes
220.127.116.11 Ministries Involved
18.104.22.168 Criteria and Conditions
5.2.3 List of Forms & Documents
5.2.4 Product Control Guidelines specified by the Government