Emerging Opportunities in the UAE Prepaid Card Market: Market Size, Strategies, Products, and Competitive Landscape: Market Profile
- Language: English
- Published: August 2012
- Region: United Arab Emirates
The United Arab Emirates Information Technology Report provides industry professionals and strategists, corporate analysts, information technology associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on United Arab Emirates's information technology industry.
UAE IT spending is expected to reach US$3.9bn in 2012, up 7%, with BMI upwardly revising its forecast after stronger growth for the PC market in Q212 and robust re-export sales.
Government spending and investment should help to support the IT market, with further opportunities in sectors such as education, healthcare, utilities, banking and telecoms. Cloud computing and business analytics are among enterprise IT investment growth areas.
Headline Expenditure Projections:
Computer Hardware Sales: US$1.9bn in 2011 to US$2.0bn in 2012, +5% in US dollar terms. Forecast in US dollar terms upwardly revised following stronger PC market growth in Q212.
Software Sales: US$641mn in 2011 to US$691mn in 2012, +8% in US dollar terms. Forecast in US dollar terms upwardly revised due to analyst modification and the UAE is one of the region's fastest growing enterprise resource planning (ERP) markets.
IT Services Sales: US$1.0bn in 2011 to US$1.1bn in 2012, +9% in US dollar terms. Forecast in US dollar terms downwardly revised due to analyst modification although government IT initiatives should help to support the market.
The UAE's score was 60.1 out of 100.0. The UAE has moved up to second spot in our latest regional RRR table, from third last quarter, ahead of other MEA leaders such as Saudi Arabia and Qatar. The country ranked only fourth for its industry rewards, but its ranking was secured by a high country rewards score of 90.
Key Trends & Developments:
- The UAE IT market has received a buffeting from global economic headwinds but overall demand for IT products and services should continue to grow in 2012. However, the property price slump and financial upheavals are likely to continue to influence business and consumer caution. Abu Dhabi has been making most of the running in the wake of the Dubai financial crisis.
- Growth potential also exists in the less developed northern emirates of Sharjah, Ajman, Umm al-
Qaywayn, Ras al-Khaimah and Fujairah. The emirates government has launched a major infrastructure investment programme in the northern emirates, which could generate significant opportunities for IT vendors, despite relatively small population sizes.
- One factor driving retail growth is a pick-up in the number of tourist visitors, which provided a boost to the all-important carry trade, which had fallen off in 2009. An influx of tourists is expected to swell spending on consumer electronics goods such as netbooks and tablets.
However, the possibility of the UAE joining sanctions against Iran could have an impact on PC re-exports. SHOW LESS READ MORE >
Executive Summary 5
SWOT Analysis 7
UAE IT Sector SWOT 7
UAE Telecommunications Sector SWOT 8
UAE Political SWOT 9
UAE Economic SWOT 10
UAE Business Environment SWOT 11
MEA IT Risk/Reward Ratings 12
Table: Middle East And Africa IT Risk/Reward Ratings Table, Q412 14
MEA IT Markets Overview 15
IT Penetration 15
Sectors And Verticals 18
Market Overview 22
IT End-User Analysis 31
Industry Developments 32
Industry Forecast 36
Table: UAE IT Industry – Historical Data And Forecasts (US$mn unless otherwise stated), 2009-2016 39
Industry Forecast Internet 40
Table: Telecoms Sector – Internet – Historical Data & Forecasts, 2009-2016 40
Competitive Landscape 42
IT Services 47
Internet Competitive Landscape 49
Macroeconomic Forecast 50
Table: United Arab Emirates – Economic Activity 52
Company Profiles 53
Oracle Corp 64
Table: Oracle: Selected Acquisitions 67
Microsoft Corporation 69
Almasa Holdings 74
Table: Key Developments 76
Country Snapshot 78
United Arab Emirates Information Technology Report Q4 2012
© Business Monitor International Ltd
Table: United Arab Emirates' Population By Age Group, 1990-2020 ('000) 79
Table: United Arab Emirates' Population By Age Group, 1990-2020 80
Table: United Arab Emirates' Key Population Ratios, 1990-2020 81
Table: United Arab Emirates' Rural And Urban Population, 1990-2020 81
BMI Methodology 82
How We Generate Our Industry Forecasts 82
IT Industry 82
IT Ratings – Methodology 83
Table: IT Business Environment Indicators 84
Table: Weighting Of Components 85