The UAE Cloud Computing Market size is estimated to grow at a CAGR of around 36.12% during the forecast period, i.e., 2024–30.                      

UAE Cloud Computing Market Trend:

Surging Digital Transformation Initiatives Driving the Cloud Computing Industry – In recent years, the United Arab Emirates (UAE) has been at the forefront of embracing digital transformation, with both government entities and businesses actively pursuing initiatives to modernize their IT infrastructure and processes. Consequently, there has been a noticeable surge in the desire for cloud computing solutions throughout the country. The UAE government has outlined ambitious visions and strategies, such as UAE Vision 2021 and the Dubai Smart City project, that emphasize the importance of digital transformation. For instance,

·        In 2023, the UAE Central Bank announced a new digital currency, open finance, and a domestic card payment initiative to accelerate digital transformation in the financial services sector.

These initiatives serve as catalysts for technological progress, fostering an environment conducive to the widespread adoption of cloud computing, which would positively augment market growth during 2024–2030.

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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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UAE Cloud Computing Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

• By Service Type
  • Infrastructure-as-a-Service- Market Size & Forecast 2019-2030, (USD Million)
  • Platform-as-a-Service- Market Size & Forecast 2019-2030, (USD Million)
  • Software-as-a-Service- Market Size & Forecast 2019-2030, (USD Million)
• By Deployment Type
  • Public Cloud- Market Size & Forecast 2019-2030, (USD Million)
  • Private Cloud- Market Size & Forecast 2019-2030, (USD Million)
  • Hybrid & Multi Cloud- Market Size & Forecast 2019-2030, (USD Million)
• By Enterprise Size
  • Large- Market Size & Forecast 2019-2030, (USD Million)
  • Small & Medium- Market Size & Forecast 2019-2030, (USD Million)
• By End User
  • Banking, Financial Services & Insurance (BFSI)- Market Size & Forecast 2019-2030, (USD Million)
  • Government & Public Sector- Market Size & Forecast 2019-2030, (USD Million)
  • IT & Telecom- Market Size & Forecast 2019-2030, (USD Million)
  • Healthcare- Market Size & Forecast 2019-2030, (USD Million)
  • Education- Market Size & Forecast 2019-2030, (USD Million)
  • Retail- Market Size & Forecast 2019-2030, (USD Million)
  • Others (Real Estate, Manufacturing, etc.) - Market Size & Forecast 2019-2030, (USD Million)
• By Region
  • Dubai
  • Abu Dhabi & Al Ain
  • Sharjah & Northern Emirates

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Microsoft Corporation, Inc., IBM Corporation, Google, Oracle Corporation, Amazon Web Services, Inc., Alibaba Cloud, Salesforce Inc., SAP, Etisalat, Adobe Inc., Rackspace Technology, Others.

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