UAE Digital Services Market to Witness 9.49% CAGR Growth Amid Rising Demand and Innovation

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?
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/uae-digital-services-market.html
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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