April 10, 2015: As per the recent reports from the Dubai's Chamber of Commerce and Industry, UAE is seeing a steep increase in the demand of IT products and services. This could be due to the growth in the population and incomes of UAE residents.
The report also states that the growth is largely driven by the IT requirements of businesses and families. The study was conducted mainly to evaluate the trends and expectations for UAE's IT and electronics market.
The demand for computer products across the MENA region and South Asia being pointed in study as one of the reason which creates oppurtunity for UAE businesses to re-export to these regions. This has made Dubai one of the leading IT hub for the MENA region, says report.
The report further says: "The UAE computer and peripheral market achieved sales volume of about 2,900 units in 2014, and is set to increase by 6.5% to around 3,185 units by 2018, according to a report based on data from Euromonitor International. Within the coming three years the market is forecast to be valued at AED 3.37bn."
Source: ArabianIndustry.com, Image by FactInform.blogspot.com
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