The UAE Telecommunications Market Driven by Mobile data & Broadband: Ken Research
- 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:
Related Reports
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
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