Product Code: PD29-72
Governments Are Leading Digital Growth
The Middle East is one of the most dynamic information and communication technology (ICT) markets and has been consistently growing at a healthy rate. Saudi Arabia is the largest economy of the region, and it is on a path of significant economic transformation that will provide numerous ICT opportunities across industries. In the flourishing Saudi Arabian market, numerous opportunities exist in the areas of digital transformation, smart cities, eSports and entertainment, financial services, and various other technology sectors. Large-scale national infrastructure projects Neom, Red Sea, and Qiddiya are driving massive investments to help the kingdom achieve its ambitious National Transformation Plan.
At the same time, the United Arab Emirates continues to lead the away on the adoption of cutting-edge technologies such as blockchain and artificial intelligence. Like other consumer tech, the metaverse too is gaining traction and is slowly becoming a part of the development agenda of regional economies.
The entire region is on a transformation journey and presents significant growth potential in the coming years.
Table of Contents
Analysis Highlights
Strategic Imperatives
- Why Is It Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top 3 Strategic Imperatives on the ICT Industry
- Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Environment
- Market Segmentation
- Technology Trends in the Middle East's Telecom Industry: 2022
- Technology Trends in the Middle East's Telecom Industry: 2022 (continued)
- Global Mega Technology Trends: 2022
- Global Mega Technology Trends: 2022 (continued)
Top 5 Technology Trends and Outlook
- 5G
- AI
- Cybersecurity, Compliance, and Regulations
- eSports and Gaming
- Industry and Technology Convergence
ICT Market Outlook for the Middle East
- Revenue Forecast
- Revenue Forecast by Industry
- Revenue Forecast by Industry and Industry Subsegments
- Revenue Forecast by Country
- Growth Drivers
- Growth Driver Analysis
- Growth Driver Analysis (continued)
- Growth Restraints
- Growth Restraint Analysis
Key Challenges of the IT Supplier Ecosystem
- Major Challenges of the ICT Supplier Ecosystem
Next Wave of Growth in Middle East: Key Contributing Countries
ICT Predictions
ICT Segment Outlook
Growth Opportunity Universe
- Growth Opportunity 1: Data Centers and Cloud
- Growth Opportunity 1: Data Centers and Cloud (continued)
- Growth Opportunity 2: IoT
- Growth Opportunity 2: IoT (continued)
- Growth Opportunity 3: 5G
- Growth Opportunity 3: 5G (continued)
- Growth Opportunity 4: AI
- Growth Opportunity 4: AI (continued)
- Growth Opportunity 5: Gaming and eSports
- Growth Opportunity 5: Gaming and eSports (continued)
Conclusions
- Conclusions and Future Outlook
Next Steps
- Your Next Steps
- Why Frost, Why Now?
- List of Exhibits
- Legal Disclaimer