Quick Overview of the GCC Digital Transformation Market Analysis

The objective of the GCC Digital Transformation Market Research Report is to provide a detailed and useful data, and a geographical perspective for predictions of future. The recommendations included in the report are supposed to be insightful and actionable, offering a thorough understanding of the industry. Moreover, it includes a comprehensive table of contents, relevant data, and an analysis of numerous important aspects that have impacted the market.

According to the latest report analysis by MarkNtel Advisors, the GCC Digital Transformation Market size is estimated to grow at a CAGR of around 25.7% during the forecast period, i.e., 2024-30. This detailed study provides a detailed overview of the current market state, including market trends, opportunities, along with the recent developments. In-depth analysis of market share, size, forecast, and competitive landscape is also covered in this report that presents a clear picture of the industry with relevant statistical data.

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Latest Opportunity Contributing in the GCC Digital Transformation Industry:

GCC Digital Transformation Market Opportunity:

Burgeoning Demand for the Personalized Digital Transformation from the Residential Sector – In recent years, rising demand for digital solutions, and smart home ecosystems with the integration of the Internet of Things presented a significant opportunity for the digital transformation applications providers in the market. Residents of the GCC region seeking digital solutions for personalized consultations to convert their homes into smart homes by deploying technologies such as smart lighting systems, smart thermostats to adjust temperature, voice assistants, and others.

The GCC region focuses on sustainability and energy efficiency which requires the installation of tailored solutions such as smart HVAC systems and remote light controlling solutions, etc. Moreover, the cost savings, increased energy efficiency, and improved security advantages of smart home systems would accelerate the adoption of these technologies which is further expected to augment the GCC Transformation Market in the forthcoming years.

A Detailed Outlook of GCC Digital Transformation Market Segmentation

The Market Segmentation analysis provides and accurate data of the industry to help the analysts make smart strategic investment decisions. Also, the prediction of the market is included for national, and level in the research. The study analyses latest trends of the industry from 2024-30 for each of the category. Different segments were used to classify the market for this study are listed below:

-By Technology

• Artificial Intelligence- Market Size & Forecast 2019-2030, (USD Million)
• Cloud Computing- Market Size & Forecast 2019-2030, (USD Million)
• Internet of Things – Market Size & Forecast 2019-2030, (USD Million)
• Blockchain- Market Size & Forecast 2019-2030, (USD Million)
• Cybersecurity- Market Size & Forecast 2019-2030, (USD Million)
• Others (Robotics, Extended Reality, etc.) – Market Size & Forecast 2019-2030, (USD Million)

-By Deployment

• On-Premise- Market Size & Forecast 2019-2030, (USD Million)
• Cloud- Market Size & Forecast 2019-2030, (USD Million)

-By Services

• Consulting Services
• Planning & Designing
• Engineering & Re-Engineering Services
• Network & Infrastructure Management
• Application Development
• Others

-By Enterprise Size

• Small and Medium- Market Size & Forecast 2019-2030, (USD Million)
• Large- Market Size & Forecast 2019-2030, (USD Million)

-By End User

• Banking, Financial Services and Insurance (BFSI)- Market Size & Forecast 2019-2030, (USD Million)
• Healthcare- Market Size & Forecast 2019-2030, (USD Million)
• Retail – Market Size & Forecast 2019-2030, (USD Million)
• Government Sector- Market Size & Forecast 2019-2030, (USD Million)
• Energy – Market Size & Forecast 2019-2030, (USD Million)
• Telecommunication- Market Size & Forecast 2019-2030, (USD Million)
• Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
• Others (Education, Transportation, etc.) – Market Size & Forecast 2019-2030, (USD Million)

-By Function

• Finance & Control
• Marketing & Sales
• Human Resource Management
• Production
• Operations & Logistics
• Customer Service & Support
• Others

Explore Our Comprehensive Study:  https://www.marknteladvisors.com/research-library/gcc-digital-transformation-market.html

Geographical Analysis:

-By Country

• The UAE
• Saudi Arabia
• Qatar
• Kuwait
• Oman
• Bahrain

The UAE is anticipated to hold the major market share in the upcoming years due to the implementation of various digital technology adoption policies, various guide programs to promote the adoption of artificial intelligence and upgradation of existing digital technologies.

Business organizations in the UAE transitioned their on-premises services to the cloud infrastructure and ranked second highest adopter of public cloud services globally according to the International Cloud survey in 2022. Also, the UAE implemented digital adoption supportive strategies such as ‘the UAE Digital Government Strategy 2025’ and created eight dimensions for increasing and embedding the digital aspects into all government sectors. Such initiatives are projected to drive growth of the GCC Digital Transformation Market in the UAE during 2024-30, as they create favorable conditions for the expansion of the market.

Lead the GCC Digital Transformation Market with a Deep Evaluation of the Competition

This report also includes accurate facts, figures, and market data into income assessments, and projections in the industry by using a wide range of statistical tools and knowledge about the market by the experts. Each notable market participant has a SWOT evaluation, a profile and a complementary Porter’s Five Forces analysis.

Moreover, to take the benefits of new opportunities, dominating players have been constantly realigning their systems, and methods of operation. We also evaluate major businesses that are influences on a geographical scale along with the small and medium-sized businesses that plays crucial role and have substantial opportunity for expansion in order to accurately reflect the levels of market competition.

The details on the following key players is presented in this section as:

• Accenture
• Adobe
• Broadcom Technical Concepts LLC
• Cisco Systems, Inc.
• Google Inc.
• Happiest Minds
• Hewlett Packard Enterprise Development LP
• Microsoft Corporation
• Salesforce, Inc.
• SAP SE
• Others

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GCC Digital Transformation Industry Recent Development:

• In 2023, the UAE launched a guide for government entities to adopting artificial intelligence technology in their sectors such as transport, education, etc. to keep updated with the latest digital advancements.
• In 2023, Tonomus partnered with Nvidia and Oracle to increase the adoption of artificial intelligence technologies across the NEOM and Saudi Arabia.

Key Report Highlights      

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

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