UAE’s ICT Sector Sees $4 Billion In Sales During 2016

Dubai – Masaader News

Sales within the UAE’s ICT sector reached $4 billion in 2016, driven by growing demand for products and services within the country’s public and private sectors, new analysis conducted by the Dubai Chamber of Commerce and Industry has revealed.

The analysis, based on recent data from Business Monitor International (BMI) and Euromonitor International, was released during GITEX Technology Week 2017 and looked at sales within product categories such as computer hardware, and software, as well as IT, communication, and telecommunication services.

The data showed that increased use of computers in homes and offices and the adoption of new ICT technologies has led to increased demand for ICT goods and services in the UAE and foreign markets. Sales within the UAE’s computer hardware and peripheral segment amounted to around 3.5 million units last year, a 52% surge compared to 2012.

Products sold in this segment include computer products such as PCs, laptop computers, tablets and peripherals such as printers and monitors.

The growth in mobile computing has led to a robust increase in the share of smaller tablet computers compared to the total value of computer sales. Tablet computer sales accounted for 67% of the total volume of computer sales in 2016, up from 32% in 2012.

Spending on cloud computing in the UAE increased from $51 million in 2011 to $381 million in 2016, marking a compound annual growth rate (CAGR) of 49% over the period. Demand for cloud services has been particularly strong, and this trend is expected to continue in the future and create new opportunities in the market.

Other key segments where momentum is growing are network security and mobile computing. Network security in the UAE has the potential for future growth, especially in new niche categories such as mobile network security and secure cloud computing resources.

The mobile computing segment is also witnessing an uptick in activity with the number of mobile subscribers in the UAE increasing from about 11.6 million in 2011 to about 19 million in 2016, according to data from Business Monitor International.

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