Roll-out of 5G technology and expansion of telecom and network infrastructure are driving the growth in UAE Telecom ICT Infrastructure Market in the forecast period, 2022-2026.
According to TechSci Research report, “UAE Telecom ICT Infrastructure Market By Component (Hardware, Software, Services), By Hardware (Networking Equipment, Transmitting Device, End Point Device), By Software (Operations Support Software, Business Support Software, Network Management Software, Others), By Services (Professional v/s Managed), By Deployment Mode (Cloud v/s On-Premises), By Network Type (Fixed v/s Wireless), By End User (Telecom Service Providers, Enterprises, Government, Others), By Region, Competition Forecast & Opportunities, 2026”, the UAE Telecom ICT Infrastructure market is expected to witness impressive growth in 2022-2026. The contribution of the UAE in improving the world economy owing to its major revenue-generating industries comprising aviation, energy, and oil & gas is making UAE susceptible to cyberattack and data security threats. To strengthen national security and protect the critical information data infrastructure, the government has introduced the UAE Information Assurance Standards, a set of guidelines given by the leading authorities to reduce the attacks. Compliance with these security standards is necessary for all crucial organizations and businesses. The development of advanced cybersecurity solutions by the market players is expected to boost the growth of the UAE Telecom ICT Infrastructure market.
However, the high cost of accessing internet facilities and the risks of cybersecurity attacks may restrain the UAE Telecom ICT Infrastructure market growth for the forecast period.
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The UAE Telecom ICT Infrastructure market is segmented on the basis of component, deployment mode, network type, end user, competitional landscape, and regional distribution.
On the basis of the component, the UAE Telecom ICT Infrastructure market is divided into hardware, software, and services. The hardware segment is sub-divided into networking equipment, transmitting device, end point device, while the software segment is sub-divided into operations support software, business support software, network management software, others. The service segment is further divided into professional and managed. The software segment is expected to witness significant growth due to substantial investment in IT infrastructure development, such as providing smart services, cybersecurity solutions, and others.
On the basis of the deployment mode, the UAE Telecom ICT Infrastructure market is divided into cloud and on-premises. The cloud segment is expected to hold the largest market share in the forecast period. Leading authorities support the adoption of cloud and digital transformation technologies and are expected to create a plethora of job opportunities for the country's citizens. With the growing awareness, the local enterprises are actively adopting the Infrastructure-as-a-Service, Platform-as-a-Service, and Software-as-a-Service. This helps in the reduction of operational costs and amplifies the flexibility in the work done by the companies, and the efforts made by the government to adopt the cloud deployment model for storing all data is expected to create lucrative opportunities for the UAE Telecom ICT Infrastructure market growth.
On the basis of the network type, the UAE Telecom ICT Infrastructure market is divided into fixed and wireless. The wireless network type is expected to witness significant growth in the next five years. Installation of the wireless network is easier and faster than the fixed network type. It requires lesser maintenance and can be accessed from anywhere at any time. The wired network type's ease, convenience, and flexibility are the major attracting factors for the wired network type. They are projected to fuel the demand of the segment in the forecast period.
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“The government of UAE is encouraging the use of intelligent devices and services, machine-to-machine communication, and industrial internet to advance applications in prominent industries such as telehealth, asset tracking, smart metering, and product optimization. UAE is actively deploying IoT solutions to develop the public infrastructure in cities like Dubai to make it a smart city. The efforts made by the market players and the leading authorities to make UAE technologically advanced and connected and offer the best services to the residents is expected to propel the growth of the UAE Telecom ICT Infrastructure Market till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“UAE Telecom ICT Infrastructure Market By Component (Hardware, Software, Services), By Hardware (Networking Equipment, Transmitting Device, End Point Device), By Software (Operations Support Software, Business Support Software, Network Management Software, Others), By Services (Professional v/s Managed), By Deployment Mode (Cloud v/s On-Premises), By Network Type (Fixed v/s Wireless), By End User (Telecom Service Providers, Enterprises, Government, Others), By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of UAE Telecom ICT Infrastructure market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE Telecom ICT Infrastructure market.
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