According to MarkNtel Advisors study 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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Key Findings of the Study: UAE Digital Services market
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.
For more detailed information about the UAE Digital Services market report, click here – https://www.marknteladvisors.com/research-library/uae-digital-services-market.html
Scope of the Report and UAE Digital Services Market Segmentation:
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.)
Here, the BFSI sector held a considerable share in the UAE Digital Services Market in the previous few years.
Geographical Analysis:
By Region
- Dubai
- Abu Dhabi
- Sharjah & Rest of Emirates
During 2017-20, the Digital Services Market in Dubai has seen noticeable growth since the country is an early adopter of advanced technologies like cloud computing services created for building, testing, deploying, and managing applications & services to optimize the operational efficiency among organizations.
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