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The UAE IT market is a thriving sector with a market size of $36.14 billion in 2022 and an expected annual growth rate of 12.46% until 2027. The market is driven by several factors, including the government's focus on digital transformation, the growing adoption of cloud computing and artificial intelligence (AI), and the increasing demand for IT services from businesses of all sizes.
The UAE government is a major buyer of IT products and services, spending $577 billion annually. The government prioritizes affordability, innovation, and supporting local talent. The government's IT procurement process is complex, but it is also open to international vendors.
The UAE government procures a wide range of IT products and services, including:
Cloud computing: The UAE government is one of the largest adopters of cloud computing in the world.
Cybersecurity: The UAE government is investing heavily in cybersecurity to protect its critical infrastructure.
Digital transformation: The UAE government is undergoing a major digital transformation, which is creating a demand for new IT products and services.
Research and development: The UAE government is funding research and development in IT to ensure that it remains at the forefront of innovation.
The top authorities for UAE IT procurement include:
Department of Health and Human Services (HHS): The HHS is responsible for procuring IT products and services for the healthcare sector.
Food and Drug Administration (FDA): The FDA is responsible for procuring IT products and services for the food and drug safety sector.
Centers for Medicare & Medicaid Services (CMS): The CMS is responsible for procuring IT products and services for the Medicare and Medicaid programs.
The top winners of UAE IT procurement include:
Pfizer and Johnson & Johnson: These global giants are major suppliers of IT products and services to the UAE government.
Amgen and Gilead: These biotech champions are also major suppliers of IT products and services to the UAE government.
Local startups: Local startups are also playing an increasingly important role in the UAE IT procurement market.
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