According to Markntel Advisors Report, UAE Digital Services Market is expected to grow at a significant growth rate, and the analysis period is 2022-2027, considering the base year as 2022. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Digital Services refer to the delivery of electronic data & content to the desired end-users using devices like smartphones, computers, etc., to revitalize business functions, culture, and customer experiences and meet changing business & industry requirements. UAE has emerged as the business hub for the entire Middle East & Africa. The BFSI & IT industries of the country are booming at a rapid pace. Foreign investments in these industries are registering an uptrend while digital transactions are exponentially increasing. Moreover, the UAE government is highly proactive toward ensuring the last-mile delivery of social benefits to their citizens.
UAE Digital Services Market Research Report & Summary:
The UAE Digital Services Market is projected to grow at around 9.49% CAGR during the forecast period, i.e., 2022-27.
Time Period Captured in the Report:
- Historical Years: 2017-20
- Base Years: 2021
- Forecast Years: 2022-27
Who are the Key Players Operating in the UAE Digital Services Market?
The top companies of the UAE Digital Services Market ruling the industry 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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The UAE Digital Services Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-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.)
-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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Market Dynamics
Key Driver: 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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