UAE ICT Market Analysis, Key Players, Growth, and Forecast 2032

UAE ICT Market Statistics:

Market Size in 2025: USD 43.93

Market Size in 2032: USD 96.99

Market Growth Rate 2025-2032: 11.98%

According to The Report Cube latest research study, The UAE ICT Market is projected to grow at a CAGR of around 11.98% during the forecast period 2026–32. The UAE ICT market size and forecast show steady expansion, with the sector valued at nearly USD 43.93 billion in 2025 and expected to reach USD 96.99 billion by 2032.

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UAE ICT Market Drivers:

• 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.

According to the report, prominent players operating in the market include:

·      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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Key Market Segmentation

• 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
• Market Share, By Enterprise Size
• Small and Medium Enterprises
• Large Enterprises
• Market Share, By Competitors
• Competition Characteristics
• Revenue Shares

 Recent News and Developments in UAE ICT Market

• 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.

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