Norway Oil & Gas Q4 2019
The outlook for the Omani consumer electronics market is stable with modest growth projected out to 2023. While wenote that the low global oil price environment will present challenges, a number of positive factors will continue to provide adequatebuffers. Computer hardware uptake will be driven by the robust levels of government spending and economic diversification thatwill bolster a variety of economic verticals and spark the creation of new industries, all supporting dedicated enterprise PCacquisitions. Additionally, the robust hotel and infrastructure pipeline will support wholesale AV sales whereas the relatively wealthy,tech-savvy consumers will continue to spend on flagship and mid-range LTE and 5G ready handsets.
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