The total IT market in UAE can be segmented into software, hardware, services and communication. Small and medium businesses (SMBs) being the fastest growing segment in the region requires robust infrastructure to deliver high quality services and transparent financial and accounting reporting capabilities. The UAE government is emphasizing on financial disclosure policy, which raises demand for cost-effective finance and accounting module in ERM software among SMBs. The transparent presentation of financial statements facilitates the auditing process and improves productivity. SMBs require customized and high-end solutions having facilities like automated in-voicing, check, and expense tracking system with basic accounting tools and reports.
The report ‘IT Market in UAE’ forecasts the overall IT market in the country over the period 2007-2010. Further, the overall IT market is segmented into software, hardware, services and communication for the years 2007, 2008, 2009 and 2010.
The report also presents market size forecast for software, hardware, services and communication over the period 2007-2010. In addition, it identifies and lays out the market size of key software, hardware, IT services and communication equipments & services for the year 2007.
This report can help IT vendors identify focus technologies and verticals. Further, the key market trends can help to understand latest market dynamics.
TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the 'Technology Navigators'. TechNavio is built on years of experience of deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.
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