E-LIFESTYLE SURVEY 2014: GCC consumers spend big on tech
Forty per cent spend more than $1,000 per year on electronic goods
Forty per cent of Gulf residents spend more than $1,000 per year on electronic goods, the ITP.net e-Lifestyle Survey has revealed.
The poll showed that 38.42% of GCC consumers spent between $1,000 and $9,999, while a small proportion spent more than $10,000 per year. However, almost half of all respondents (49.86%) proved thriftier, parting with between $100 and $999, while just over 10% claimed to spend less than $100.
The combined population of the Gulf Co-operation Council nations is thought to be around 50m. Large ex-patriot populations are present across the region and incomes vary widely. In the survey, more than half (58%) described their occupation as lying in either management, sales and marketing, or IT, and 70% took home between $1,000 and $4,999 per month.
The ITP.net e-Lifestyle Survey was run online during May and early June. The anonymous poll sought to form a picture of how GCC citizens interact with technology at the consumer level, asking questions about preferences, favoured brands, spending patterns and usage habits.
More than half the respondents (54%) were aged between 21 and 40 and split between 85% male and 15% female. Some 69% lived in the UAE, a further 12% in Saudi Arabia, with the rest spread evenly throughout other Gulf countries.
Over the coming days, we will be sharing other findings of the survey with our readers, so be sure to check ITP.net regularly for updates.