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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
UAE ICT Market Share
Based on industry vertical, the market is divided into BFSI, IT and telecom, government, retail and e-commerce, manufacturing, and energy and utilities, among others. The retail and e-commerce sector is assessed to grow at a CAGR of 15.3% during 2024-2032. Information and communication technology plays a crucial role in the retail sector, enhancing customer experience and providing personalised shopping experiences. The relationship between ICT and e-commerce is vital, as the sector relies heavily on technology for its growth and development. Furthermore, the expansion of e-commerce is closely tied to advancements in ICT infrastructure, with the proliferation of smartphones and internet connectivity acting as key drivers for the sector's success.
| 2023 Market Share by | Region |
| Dubai | 32.4% |
| Abu Dhabi | XX% |
| Others | XX% |
UAE ICT Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 38.21 billion.
The market is estimated to grow at a CAGR of 13.4% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 118.49 billion by 2032.
The market is being driven by rapid urbanisation and swift digitalisation across the country.
The key trends aiding the ICT market in UAE include the adoption of 5G technology, the development of data centres, and the integration of artificial intelligence in the ICT technologies.
The major regions considered in the market are Dubai and Abu Dhabi, among others.
The major players in the market are IBM Corp., Microsoft Corp., Google LLC, Oracle Corp., Amazon.com Inc. (Amazon Web Services, Inc.), Cisco Systems Inc., SAP SE, Salesforce Inc., HP Inc., and Capgemini SE, among Others.
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