UAE Internet of Things Market, By Platform, By Component, By Application, By Region, Competition Forecast & Opportunities, 2017-2027

The UAE internet of things (IoT) market is projected to grow at a significant rate during the forecast period. The market growth can be attributed to the widespread adoption of IoT solutions across various enterprises and the availability of high-speed internet connectivity. Besides, the growing need for automation and asset monitoring remotely and smart city concepts introduced by the UAE government is driving the adoption of the UAE internet of things (IoT). Additionally, increasing use of data processing and analytics and emerging 5G technology are expected to aid the market growth. Access to low-cost, low-power sensor technologies is driving the practicality of IoT across various industry verticals for different application areas.

Moreover, continued innovation in sensor technologies and rapid fall in prices of these sensors have led to a significant increase in IoT adoption across organizations. Furthermore, the growing use of big data and cloud-based solutions and the booming IT & telecommunication industry are anticipated to fuel the market growth. Rapid implementation of connected devices in various sectors such as energy, infrastructure, healthcare, transportation, and other utility sectors for various purposes, including predictive maintenance, asset performance management, security, mobile workforce management, field surveillance, monitoring, and others, are also expected to fuel the UAE internet of things market in the coming years. More and more organizations are using Industry 4.0 technologies such as field devices, sensors, and robots to overcome the shortages in the manufacturing sector and reduce the risk to humans in potentially dangerous situations. Thus, growing automation requirements in manufacturing industries for improving operational efficiency and enhancing customer experience are aiding the market growth.

The UAE internet of things (IoT) market is segmented based on platform, component, application, company, and region. Based on the platform, the market can be categorized into device management, application management, and network management. The device management segment is expected to hold the largest share in the UAE internet of things (IoT) market as it enables organizations to manage applications and platforms efficiently. Based on application, the market can be fragmented into consumer electronics, smart mobility & transportation, building & home automation, connected logistics, smart retail, and others. The consumer electronics segment is anticipated to dominate the UAE internet of things (IoT) market during the forecast period due to rapid digitalization.

Leading players in the UAE internet of things market are Oracle United Arab Emirates, Robert Bosch Middle East, Cognizant Technology Solutions, Microsoft Gulf FZ LLC, General Electric, Hewlett Packard Enterprise UAE, Intel UAE, IBM Middle East FZ LLC, Cisco Middle East (Cisco), UAE, SAP, and others.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022E

Forecast Period: 2023F-2027F

Objective of the Study:

• To analyze the market size of UAE internet of things (IoT) market from 2017-2021.
• To estimate and forecast the market size of UAE internet of things (IoT) market from 2022E to 2027F.
• To classify and forecast UAE internet of things (IoT) market based on platform, component, application, company, and regional distribution.
• To identify dominant region or segment in the UAE internet of things (IoT) market.
• To identify drivers and challenges for UAE internet of things (IoT) market.
• To examine competitive developments such as expansions, new servuices, mergers & acquisitions, etc., in UAE internet of things (IoT) market.
• To identify and analyze the profile of leading players operating in UAE internet of things (IoT) market.
• To identify key sustainable strategies adopted by market players in UAE internet of things (IoT) market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across UAE. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, and presence of all major players across UAE.

TechSci Research calculated the market size of UAE internet of things (IoT) market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Internet of things (IoT) provider companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to internet of things (IoT)

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, UAE internet of things (IoT) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• UAE Internet of Things (IoT) Market, By Platform:

Device Management

Application Management

Network Management

• UAE Internet of Things (IoT) Market, By Component:

Hardware

Software

Services

• UAE Internet of Things (IoT) Market, By Application:

Consumer Electronics

Smart Mobility & Transportation

Building & Home Automation

Connected Logistics

Smart Retail

Others

• UAE Internet of Things (IoT) Market, By Region:

Dubai

Sharjah

Abu Dhabi

Rest of UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in UAE internet of things (IoT) market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).