UAE IT sector sees growth in early 2009

GfK records 12% rise in market, worth an estimated $740 million, driven mainly through netbook sales

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By  Vineetha Menon Published  May 21, 2009

The IT sector in the United Arab Emirates has witnessed a surge in growth in the first quarter of this year, a report by market research specialists GfK has revealed.

The market, worth an estimated $740 million, recorded a 12% increase compared to last year’s figures, driven mainly by the rise in demand for budget-friendly netbooks while desktop and monitor growth remained stagnant.

Earlier this year, Etisalat partnered with a number of computer manufacturers in the region in an effort to cash in on the high demand for netbooks and promote its mobile broadband data packages through special bundle offers.

In contrast, the consumer electronic market declined nearly 15% with total sales reaching AED 599 million. The strongest year on year performers in this segment include home theatres with a 27% growth rate and video game consoles that rocketed 96%.

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