Sales within the UAE’s ICT sector reached $4 billion in 2016, driven by growing demand for products and services, according to new analysis by the Dubai Chamber of Commerce and Industry.
The analysis, based on recent data from Business Monitor International (BMI) and Euromonitor International, was released during GITEX Technology Week 2017.
It 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 percent 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. Tablet computer sales accounted for 67 percent of the total volume of computer sales in 2016.
Demand for ICT products and services has also grown across Asia and Africa providing UAE businesses with opportunities to sell ICT products to tourists and to export/re-export them for use in foreign countries, the report said.
It added that 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 percent 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," said the report.
Other key segments where momentum is growing are network security and mobile computing, it added.For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.