# UAE IT Services Market 2022-2027 --- ## Report Summary The UAE IT Services Market is segmented by service type (IT Infrastructure Services, Cloud Services, Cybersecurity, Application Development & Management, and Managed Services) and by deployment mode (On-Premises, Cloud, and Hybrid). Growing digital transformation initiatives, rising cloud adoption, strong government push for smart services, and increasing cybersecurity investments are driving the growth of the UAE IT Services Market. --- ## UAE IT Services Market Report Table of Content Table of Contents - 1. Executive Summary and Approach - 1.1. Research Methodology - 1.2. Service Taxonomy - 1.3. Executive Summary - 2. External Market Assessment - 2.1. Country Overview - 2.2. Market Overview of UAE IT Service Market - 2.3. Trend Analysis of UAE IT Service Market - 2.4. Market Size and Segmentation of UAE IT Service Market - 2.5. Industry Analysis of UAE IT Service Market - 2.6. Pricing Analysis of UAE IT Service Market - 2.7. Future market Outlook for UAE IT Service Market, 2022-2027 - 2.8. Competition Framework in UAE IT Service Market - 3. Business Strategy and Operating Model - 3.1. End- User Analysis of UAE IT Service Market - 3.2. Organization Structure - 3.3. Analyst Recommendations - 4. Disclaimer - 5. Contact Us --- ## UAE IT Services Market Overview UAE IT Services Market Highlights The UAE IT Service Market, valued at AED 65.5 Bn in 2017, grew at a CAGR of 5.5% from 2017 to 2022. It is expected to reach AED 128.7 Bn by 2027, with a projected CAGR of 8.5% between 2022 and 2027. The market is moderately consolidated with the presence of several large established players, and some of the well-established companies in this market include Google, AWS, G42, and Moro. *The UAE IT Service Market, valued at AED 65.5 Bn in 2017, grown with CAGR of 5.5% from 2017-2022.* --- ## Taxonomy | ID | Parent ID | Label | | --- | --- | --- | | 1 | | IT & Cloud Services | | 2 | 1 | Cloud Services | | 3 | 2 | Cloud Application | | 4 | 2 | Data Centers | | 5 | 2 | AI | | 6 | 2 | Computing Services | | 7 | 2 | Applications Store | | 8 | 2 | Co-Location Data Center | | 9 | 2 | AI as a Service | | 10 | 2 | Storage Service | | 11 | 2 | Learning Management System | | 12 | 2 | Managed Data Centre | | 13 | 2 | AI Research | | 14 | 2 | Network Services | | 15 | 2 | Library Management System | | 16 | 2 | Intelligent Speech Interaction | | 17 | 2 | PaaS | | 18 | 2 | Student Information System | | 19 | 1 | Management Enhancement | | 20 | 19 | Business Process Automation | | 21 | 1 | IaaS | | 22 | 21 | Data Analytics Platform | | 23 | 1 | DRaaS | | 24 | 23 | Blockchain | | 25 | 1 | BaaS | | 26 | 25 | Digital Signature Solution | | 27 | 1 | Big Data Platform | | 28 | 27 | ERP | | 29 | 1 | Object Storage Service | | 30 | 29 | Supply Chain Management | | 31 | 1 | Container Platform | | 32 | 31 | HCM | | 33 | 1 | SaaS | | 34 | 33 | Customer Experience | --- ## UAE IT Services Market Ecosystem ### Market Ecosystem **Ecosystem for UAE IT Services Market** --- ## UAE IT Service Market Size (in AED Bn), 2017-2022 The UAE IT Service market, valued at AED 85.6 Bn in 2022, grew with a Compound Annual Growth Rate (CAGR) of 5.5% from 2017 to 2022. Between 2017 and 2022, the USA Loan Aggregator market witnessed significant growth, driven by digital transformation happening in the country. With the increasing digitization and reliance on technology, there is a growing need for robust cybersecurity measures, and the UAE is investing heavily in cybersecurity infrastructure and regulations. Also, AI is a globally trending technology, and the UAE is actively embracing its potential, for example, the UAE government launched its AI strategy in 2017. *The UAE IT Service market, valued at AED 85.6 Bn in 2022, grew with a Compound Annual Growth Rate (CAGR) of 5.5% from 2017 to 2022.* --- ## UAE IT Service Market Segmentation, 2022 ### UAE IT Services Market Segmentation by Types of Services (in AED Bn), 2022 In the realm of UAE's IT Services Market in 2022, it's not just about the numbers; it's about the digital adaptation changing the tech landscape. With a whopping AED 85.6 Bn in play, the market is a playground where innovation meets infrastructure. Leading the charge, Cloud Services carve out a sizable AED 20.6 Bn slice, proudly claiming a 24.1% market share by providing major services like hybrid and multi-cloud, serverless computing, AI-powered cloud services, SaaS, and IaaS. Meanwhile, Data Centers aren't far behind, standing tall with a market size of AED 12.6 Bn and a cool 14.7% market share, acting as digital fortresses and silent guardians by providing major services like co-locations. Many other segments like Security, Networking, IT Consulting, AI and others are also contributing in the market with around 10% market share. ### UAE IT Services Market Segmentation by End- Users (in AED Bn), 2022 The Government, holding the reins with a market size of AED 17.4 Bn, claims its stake at 20.3%, and the BFSI sector boasts a market size of AED 14.6 Bn, capturing 17% of market share owing to the security and compliance norms and are using public cloud for non-critical applications. Healthcare, a heartbeat in the literal sense, contributes AED 13.8 Bn and commands a 16.1% share, and it's not just medical records: it's a healthcare tech opera, harmonizing data for a healthier society. Together, these three giant end users – Government, BFSI, and Healthcare – hold the key to the UAE's IT Service Market, showcasing that in the world of IT Services it’s about innovation in every sector. --- ## UAE IT Service Industry Analysis ### UAE IT Services Market Growth Drivers **Cloud Computing** UAE plans for further expansion and investments of up to USD 1 Bn by 2026 in data centers. Microsoft Azure launched two cloud regions in Dubai and Abu Dhabi in 2019. Amazon Web Services opened a new data center region with three availability zones in 2022. Oracle also opened its second cloud region in Abu Dhabi. **Cybersecurity** UAE's geopolitical position and significance in energy, oil & gas, and aviation industries are driving rapid growth in the cybersecurity market. UAE Information Assurance Standards were introduced to improve national cybersecurity. Local and international players capitalize on rising demand by developing cybersecurity capabilities and expanding their presence in the UAE. **5G Network** Du and Etisalat introduced limited 5G networks in 2019, along with the availability of 5G-enabled smartphones. It is estimated that there will be 16 Mn operational 5G smartphones in the UAE by 2023. In June 2021, Etisalat announced a 6G project, which is expected to be 100 times faster than 5G. UAE's technological advancements and high GDP per capita contribute to strong demand for 5G services. --- ## UAE IT Service Future Market Size ### UAE IT Service Future Market Size (in AED Bn), 2022-2027 The UAE IT Service Market, expected to reach AED 128.7 Bn by 2027, grew with a Compound Annual Growth Rate (CAGR) of 5.5% from 2022 to 2027. Between 2022 and 2027, the UAE IT Service Market witnessed significant growth, driven by emerging 6G, the use of AI across various sectors, and government initiatives. With AI and automation technologies gaining traction in the UAE across sectors including education, healthcare, and banking, the ecosystem continues to advance rapidly. Also, Etisalat's ambitious plans for 6G implementation and its upgrade of the Research and Development (R&D) center in the UAE will have significant positive impacts on the IT sector. --- ## UAE IT Services Market Macro Indicators ### UAE Inflation Rate of (in %), 2017-2022 The inflation rate of the UAE experienced fluctuation from 2017 to 2022, reflecting economic dynamics and policy adjustments during this period. ### UAE Nominal GDP (USD Bn) by Sector, 2017-2022 UAE's Nominal GDP (USD Bn) by Sector exhibited dynamic growth from 2017 to 2022, reflecting a diversified economy resilient across industries. ### Total Population by Emirates (in Mn), 2022 Comprehensive data on the 2022 total population by Emirates, presented in millions, offers a nuanced understanding of demographic distribution in the region. --- ## Frequently Asked Questions Find quick answers to common questions about the UAE IT Service Market **Q: How big is the UAE IT market?** A: The UAE IT Service market, valued at AED 85.6 Bn in 2022, grown with a Compound Annual Growth Rate (CAGR) of 5.5% from 2017 to 2022. **Q: Who are the major players in UAE IT Service Market?** A: The market of IT Service in UAE is moderately consolidated with presence of certain large established players in the market. Some of well-established players in this market are Google, Microsoft, AWS, Oracle, Moro and G42. **Q: What is the future of UAE IT Service Market?** A: The UAE IT Service Market, expected to reach at AED 128.7 Bn by 2027, grown with a Compound Annual Growth Rate (CAGR) of 5.5% from 2022 to 2027. **Q: What are the key factors driving the UAE IT Sector Market?** A: Cloud Computing, Cybersecurity, 5G Networking along with Expansion of Hyperscale Clouds and government regulations are driving UAE IT Services Market.