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UAE telecom market to reach $16.8 billion by 2029

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The UAE telecom market was valued at $11.63 billion in 2023 and is expected to reach $16.80 billion by 2029 at a CAGR of 6.16%, according to a recent report by Research and Markets. The telecom market is the sector dedicated to the transmission of data, voice and video through various communication technologies. This sector includes a wide range of services such as telephone operation, internet connection, mobile communications and broadcasting.

It includes a group of actors including telecommunications companies, network operators, internet service providers and satellite companies that work collectively to manage and provide these communications services.

Key infrastructure such as telephone towers, optical cables and data centers are pivotal to the telecom market as these elements enable seamless connections between users.

The UAE telecom market is dominated by two major players, i&M Etisalat and du, which have established a strong presence and provide extensive network coverage.

The expansion of 5G networks is one of the key trends shaping the UAE telecom market, and the UAE has been at the forefront of 5G deployment in the Middle East, with Etisalat and du leading the rollout of this next-generation technology.

UAE government initiatives, such as the National Broadband Plan, support the growth of fibre optic networks by boosting investment and encouraging collaboration among stakeholders. (Dubai – Al Bayan)

UAE telecom market to reach .8 billion by 2029
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