9.49% CAGR Propels UAE Digital Services Market to New Heights by 2027

Market Overview: UAE Digital Services Market

According to MarkNtel Advisors, the UAE Digital Services Market By Service Type (Application Services, Data & Analytics, Intelligent Automation, Cloud Services, Strategy & Consulting), By Organization Type ((Government, Non-Government ), By Industry (BFSI, IT & Telecommunications, Retail, Healthcare, Petrochemicals and Oil & Gas, Others)) and region (2022-27). The comprehensive market analysis contains various aspects, including market size, regional market share, historical market trends, and future forecasts from 2022-27. The study outlines the prevailing drivers, restraints, unmet needs, and emerging trends within the market.

Global UAE Digital Services Market Insights: 2022-27

The UAE Digital Services Market is projected to grow at around 9.49% CAGR during the forecast period, i.e., 2022-27.

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Industry Driver:

The UAE has observed a significantly rising demand for digital services during 2017-20, primarily due to the mounting penetration of the internet & social media, increasing investments in smart city (smart homes, building automation, etc.) initiatives by the government, and rising digitalization in businesses to improve operational efficiency. According to the World Bank, in 2020, around 99.2% of the total population in the UAE had access to the internet. The rising adoption of advanced technologies like Cloud, IoT, AI, & Big Data, coupled with various strategies undertaken by the Telecommunication & Digital Government Regulatory Authority (TDRA), are the key aspects projected to drive the expansion of the UAE Digital Services Market during 2022-27.

Global UAE Digital Services Market Segmentation:

The study conducts an in-depth analysis of existing designs and other fundamental features, estimating market size with a focus on value share, price, and production. The report also provides insights into application overviews based on consumption patterns. Leveraging Porter’s five forces analysis, the report offers predictive insights into how the industry is poised to evolve. The prominent segments in the market are,

-By Service Type

• Application Services
• Data & Analytics
• Intelligent Automation
• Cloud Services
• Strategy & Consulting

-By Organization Type

• Government
• Non-Government

-By Industry

• BFSI
• IT & Telecommunications
• Retail
• Healthcare
• Petrochemicals and Oil & Gas
• Others (Transportation, Energy & Utilities, Manufacturing, etc.)

-By Region

• Dubai
• Abu Dhabi
• Sharjah & Rest of Emirates

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Global UAE Digital Services Market Landscape for Competitors

A thorough examination of competitors is conducted, delving into market share, noteworthy developments, and crucial business strategies. Also, the research examines current breakthroughs, significant advancements, and pertinent details about start-ups in the industry. The report provides a rich repository of information on market entry strategies, the regulatory landscape, and reimbursement scenarios. The key players in the UAE Digital Services Market are

• AWS (Amazon Web Services)
• Microsoft Azure
• Google Cloud
• Oracle Cloud
• Alibaba Cloud
• Etisalat
• Protiviti
• Intertec Systems
• Cloud4C Services FZ LLC
• BIOS Middle East Group
• Orixcom
• eHosting Datafort
• DATAMATICS Global FZ LLC
• Others

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Frequently Asked Questions UAE Digital Services Market

1. What is the expected market share, CAGR, and Market valuation in USD for the forecast period, 2022-27?
2. How do supply and consumption factors contribute to the UAE Digital Services Market landscape?
3. How do import and export considerations impact the UAE Digital Services Industry?
4. What obstacles do businesses encounter in the UAE Digital Services Market, and how can they leverage opportunities within it?
5. What regulatory factors play a role in shaping the UAE Digital Services Market?
6. In what ways has technology impacted the overall landscape of the UAE Digital Services Market?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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