UAE Telecom ICT Infrastructure Market to be dominated by Cloud deployment mode till 2026
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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