Market Share of UAE ICT Industry
The UAE ICT market is highly competitive as both global and local players dominate it. Government backing and the launch of advanced projects like AI, smart cities, and IoT are set to elevate market competitiveness. Some of the key market players are Oracle Corporation, SAP AG, Microsoft Corporation, Salesforce, and IBM Corp.
- March 2024: The United Arab Emirates (UAE) and Kenya formalized a memorandum of understanding (MOU) to establish a robust framework for collaboration in digitalization and technology investments. Under the five-year MOU with provisions for renewal, Kenya and the United Arab Emirates pledged to strengthen their ties. Their focus would be on fostering Information Communication Technology (ICT) investment partnerships and advancing digital infrastructure projects.
- March 2024: Coupa, an AI-driven platform facilitating smarter operations and accelerated growth, unveiled its inaugural data center in the Middle East. The center, set to be inaugurated in partnership with the Amazon Web Services (AWS) team, would be located in Dubai. The establishment of the new data center underscores Coupa's dedication to bolstering its presence in the region, fostering growth, and ensuring superior service and data security for its clients in the United Arab Emirates and the wider Middle East.
UAE ICT Market Leaders
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Oracle Corporation
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SAP AG
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Microsoft Corporation
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Salesforce
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IBM Corp.
*Disclaimer: Major Players sorted in no particular order
