UNITED ARAB EMIRATES TELECOM MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028)
During the projected period, the telecom market in the United Arab Emirates is anticipated to grow at a CAGR of 3.15%. The market is anticipated to develop as a result of the introduction of 6G and the growing use of 5G. For instance, the fixed broadband speed is among the highest in the world, while the median download speed on 5G networks is among the quickest. This is the result of recent infrastructure investments that gave fibre priority over 5G and modernised copper networks.
The market under study is anticipated to increase as a result of the following factors: expanding the use of social media, increasing the use of smart devices, localising data, increasing consumption of mobile, fixed, and broadband services, and the nation's progress towards digital transformation.
Along with a high rate of device turnover and customer demand for speed, the expanding 5G deployment suggests that ARPU will continue to rise. Introducing new items, especially in partnership with multinational companies, may encourage development and innovation.
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