UAE IoT Market to Reach 1.24B AED by 2026
The UAE's 5G-enabled Internet of Things (IoT) services market is expected to reach a value of 1.24 billion Dirhams by 2026, with a compound annual growth rate (CAGR) of 29.8%, expanding to 7.72 billion Dirhams by 2033. The market includes devices, software, and services, with increasing demand for integration, connectivity, support, and maintenance services—especially in sectors such as industry, smart cities, energy, transportation, healthcare, and oil and gas. Companies like e& and Du are leading the development of customized 5G network solutions aimed at enhancing IoT applications and expanding their use across enterprises and industries, supported by extensive 5G coverage that exceeds 99.5% of the populated areas in the UAE.
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