Fast Market Research

"United Arab Emirates Information Technology Report Q4 2013" Published

New Computer Technology market report from Business Monitor International: "United Arab Emirates Information Technology Report Q4 2013"


Boston, MA -- (SBWIRE) -- 11/07/2013 -- The continued strong performance of the UAE economy, as reflected by relatively high business confidence, rising real estate prices and growth of the tourism sector, will sustain demand for IT products and services. Although the government, through the implementation of various smart city and e-governance projects, will remain the IT spending segment, we highlight the growing opportunities in the consumer segment in the form of mobility solutions that can take advantage of the high smartphone and tablet penetration in the country.

Headline Expenditure Projections

Computer Hardware Sales: AED7.59bn in 2012 to AED8.16bn in 2013, +7.5% in local currency terms. PC market recovered in H212, and we expect growth to be driven higher in 2013 due to demand for tablets, hybrids and ultrabooks.

View Full Report Details and Table of Contents

Software Sales: AED2.58bn in 2012 to AED2.85bn in 2013, +10.3% in local currency terms. Upgrades to Microsoft's Windows 8 OS will boost spending in 2013, while the UAE is also one of the region's fastest growing enterprise resource planning (ERP) markets.

IT Services Sales: AED4.26bn in 2012 to AED4.74bn in 2013, +11.3% in local currency terms. Managed services will be a leading growth area, with growth of cloud computing and real-time analytics accelerating.

Risk/Reward Ratings: The UAE remained in third position in our latest regional RRR table with a score of 65.4 out of 100.0. The country is behind Qatar and Israel, and scores above the regional average on all four categories of our ratings table.

Key Trends & Developments

The Telecommunications Regulatory Authority (TRA) of the UAE has established a framework for licensing and regulation of certification service providers (CSP) operating in the country. This development has the potential to drive growth in the UAE's e-commerce market by boosting consumer confidence in the safety and security of electronic transactions. The UAE already leads the region's e-commerce market, with total transactions of around US$2bn in 2010, according to report by global electronic payments firm VISA.

This was equivalent to around 60% of total e-commerce transactions in the GCC during that period. BMI believes that concern over the safety and security of electronic transactions is a major impediment to the growth of e-commerce services in most countries in the region. Presently, there are three CSPs providing electronic attestation services to the public for electronic transactions in the UAE. These are Etisalat, Al- Hilal Bank and Global Information Technology (GIT). All three firms and any new licensee will be subject to the guidelines published by the TRA.

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

Browse all Computer Technology research reports at Fast Market Research

You may also be interested in these related reports:

- United Arab Emirates Information Technology Report Q4 2013
- United Arab Emirates Dental Devices Investment Opportunities, Analysis and Forecasts to 2018
- United Arab Emirates Foodservice: The Future of Foodservice in United Arab Emirates to 2016
- Abu Dhabi National Oil Company Analysis Across the Oil and Gas Value Chain Report, 2013 Update
- United Arab Emirates Oil Markets, 2012
- United Arab Emirates Water Report Q4 2013
- United Arab Emirates Shipping Report Q4 2013
- United Arab Emirates Gas Markets, 2012
- United Arab Emirates Food & Drink Report Q4 2013
- United Arab Emirates Freight Transport Report Q4 2013