MarkNtel Advisors recently published a detailed industry analysis of the UAE Digital Services Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
UAE Digital Services Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027
The UAE Digital Services Market is projected to grow at around 9.49% CAGR during the forecast period, i.e., 2022-27.
Key Findings in UAE Digital Services Market:
Historical Analysis: 2017–2020
Base Year: 2021
Forecast Period: 2022–2027
Leading Market Players- 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
Key Highlights of the Report
Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators
What are the major Driver the UAE Digital Services industry?
Government Support for Digitalization- 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.
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What segments define the UAE Digital Services Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?
By Service Type
Application Services
Document Management System
Customer Relationship Management (CRM)
Enterprise Resource Planning (ERP)
Supply Chain Management (SCM)
E-Signature Solutions
Others (Custom Applications, Web Services/ Portals, Mobile Applications, etc.)
Data & Analytics
Business Intelligence & Data Warehouse
Data Discovery
Data Management
Others (Pattern Matching, ML Platform, Spend Analytics, etc.)
Intelligent Automation
Robotic Process Automation
Business Process Management
Virtual Assistants
Low-Code Platform
Others (Smart Workflows, Recruitment Talent Management, etc.)
Cloud Services
API Web Services
Cloud Security
Migration Services
Collaboration Services
Workplace Experience Solutions
Others (Monitoring Services, etc.)
Strategy & Consulting
Architecture Designing
Integration
User Experience
Technology Consulting
Cybersecurity Strategy
Others (Data Strategy, Change Management, etc.)
According to report, During 2017-19, the demand for application services witnessed firm growth due to their extensive usability across small & large enterprises to enhance their daily operations.
By Organization Type
Government
Non-Government
According to report, Of both, the Government sector has been the pioneer adopter of digital technologies in Dubai, with burgeoning investments in digitalizing the operations and opting for smart practices to improve the city management, cyber security, and governance.
By Industry
BFSI
IT & Telecommunications
Retail
Healthcare
Petrochemicals and Oil & Gas
Others (Transportation, Energy & Utilities, Manufacturing, etc.)
According to report, Here, the BFSI sector held a considerable share in the UAE Digital Services Market in the previous few years, mainly due to the increased adoption of solutions like online insurance & banking platforms, digital loan management, etc.
Explore the Complete UAE Digital Services Market Analysis Report – https://www.marknteladvisors.com/research-library/uae-digital-services-market.html
Geographical Analysis: UAE Digital Services Market
By Region
Dubai
Abu Dhabi
Sharjah & Rest of Emirates
Key Questions Addressed in This Study
What are the primary factors driving the growth of the UAE Digital Services Market?
How is the UAE Digital Services Market expected to evolve over the next five years?
What key insights can be drawn from current trends shaping the market?
What is the current market size, and how is it forecasted to change in the coming years?
What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries 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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