- 4G will replace 3G as the largest adopted technology by 2019 as appetite for faster speeds and additional content expands.
- The top two operators, Du and Etisalat, will account for 97.5% of the telecom market in UAE.
- The telecommunications market in the UAE is expected to grow at a CAGR of 3.7% over 2016-2021, driven by the growth in the fixed and mobile data segments.
- UAE industry incorporates banking, tourism, business and real estate majorly.
Ken research declared its production on “UAE: Operator Investments in Fiber, 4G and 5G Technologies to Support Data Revenue Growth” which offers insights on an executive-level overview of the telecommunications market in the UAE today, with detailed forecasts of significant indicators up to 2021. The report offers an in-depth analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology across the fixed telephony, broadband, mobile and pay-TV sectors, along with review of significant regulatory trends. Moreover it provides with a shrewd investigation on economic, demographic and political aspects in the UAE along with regulatory structure and objective for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, number portability and more. The production focuses on the historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, mobile data and pay-TV markets.
The economy of the United Arab Emirates is the second largest in the Arab region after Saudi Arabia, with a gross domestic product of USD 570 billion in 2014. The United Arab Emirates has been succeeding in diversifying its economy. Tourism has been one of the main sources of revenue in the UAE, with some of the world’s most sumptuous hotels being based in the UAE. A massive construction boom, an expanding manufacturing base, and a large service sector are helping the UAE diversify its economy. Globally, there is currently USD 350 billion worth of active construction projects.
International Monetary Fund (IMF) anticipated that UAE’s financial growth would increment to 4.5% in 2015, contrasted with 4.3% in 2014. The IMF ascribed UAE’s possibly strong economic development in World Economic Outlook Report to the expanded commitment of non-petroleum divisions, which enrolled a growth average of more than 6% in 2014 and 2015. Such commitment incorporates banking, tourism, business and real estate. Increment of Emirati buying power and governmental expenditures in infrastructure ventures have extensively expanded. Universally, UAE is positioned among the top 20 for worldwide service business, as indicated by AT Kearney, the top 30 on the WEF “most-organized nations” and in the top quarter as a least corrupt nation as per the TI’s corruption index
The telecommunications market in the UAE is anticipated to grow at a CAGR of 3.7% over 2016-2021, driven by the development in the fixed and mobile data fragments. Mobile data and fixed broadband revenue will develop, attributable to the expanding reception of 4G systems and fiber-optic technology. Fixed VoIP will be the quickest developing portion supported by the developing reception of triple-play services. Services ought to concentrate on further differentiating their administration portfolios by offering multiplay services to the private fragment and focusing on M2M to business clients.
To know more on the coverage, tap on the link underneath:
Ankur Gupta, Head Marketing & Communications