The Report Cube which is one of the leading market research company in UAE expects the UAE ICT Market to grow at a CAGR of around 11.98% through 2032, as highlighted in their latest research report. The study provides an in-depth analysis of the emerging trends shaping the UAE ICT Market and offers detailed forecasts for its potential growth during 2026–2032. The report also presents a comprehensive assessment of the competitive landscape, including profiles of leading players, their performance metrics, and recent strategic developments. Additionally, it explores the key market drivers, challenges, opportunities, and provides insights into historical and future revenue trends at the global, regional, and country levels.
UAE ICT Market Overview:
Market Size (2025): USD 43.93 billion
Market Size (2032): USD 96.99 billion
CAGR (2026–2032): 11.98%
Top Companies in UAE ICT Market: IBM Corp., Microsoft Corp., Google LLC, Oracle Corp., Amazon.com Inc. (Amazon Web Services, Inc.), Cisco Systems Inc., SAP SE, Salesforce Inc., HP Inc., Others.
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UAE ICT Market Recent News and Developments:
Microsoft Corp. expanded its UAE-based data centers across Dubai & Abu Dhabi to improve cloud computing in the country, supporting data residency & sovereign cloud solutions.
Amazon Web Services (AWS) introduced an advanced AI & machine learning service suite in the United Arab Emirates, intended to accelerate enterprise adoption in retail & BFSI.
Key Growth Drivers of the UAE ICT Market:
Driver: Surge in Digital Transformation & Government Initiatives to Instigate Market Growth
The strongest driver of the UAE ICT Market is the large-scale embracing of digital transformation in several industries across the country. The UAE government has been aggressively spending in smart city projects, AI incorporation, and the wider digital economy to decrease dependence on oil revenues. Also, programs, including the Dubai 10X initiative & AI-powered government services, are altering public & private sector operations. Moreover, the golden visa for tech professionals launched in 2024 stimulated global talent migration to the UAE ICT Industry, heightening competitiveness.
UAE ICT Market Segmentation
The UAE IT Services Market Segmentation Analysis highlights key divisions shaping the industry. By type, the market includes hardware, software, IT & infrastructure services, and telecommunication services. Distribution channels span sectors such as BFSI, IT & telecom, government, retail & e-commerce, manufacturing, energy & utilities, and others. By enterprise size, the market serves both SMEs and large enterprises. The competitive landscape focuses on major players and their revenue shares, providing insights into market dynamics and strategic positioning.
- Market Share, By Type
- Hardware
- Software
- IT & Infrastructure Services
- Telecommunication Services
- Market Share, By Distribution Channel
- BFSI
- IT & Telecom
- Government
- Retail & E-Commerce
- Manufacturing
- Energy & Utilities
- Others
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- Market Share, By Enterprise Size
- Small and Medium Enterprises
- Large Enterprises
- Market Share, By Competitors
- Competition Characteristics
- Revenue Shares
Note:
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About The Report Cube
The Report Cube is a leading provider of market research and business intelligence solutions in UAE, dedicated to helping organizations make smarter, data-driven decisions. With a comprehensive library of over 900,000 industry reports covering 800+ sectors worldwide, the company delivers precise insights, actionable forecasts, and strategic recommendations tailored to client objectives.
Backed by a team of 1,700+ experienced analysts and researchers, The Report Cube empowers businesses with the knowledge they need to navigate evolving markets, identify opportunities, and sustain growth in an ever-changing global landscape.
The company specializes in syndicated research, customized studies, competitive analysis, company profiling, and industry forecasting, serving clients across industries including energy, technology, healthcare, manufacturing, and more.
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