The GCC is among the three fastest growing IT markets after Latin America and Eastern Europe. Demand is increasing with software expected by Omnix International, a Dubai-based system integrator, to increase by 10.3% and hardware by 7.1% in the years between 2014 and 2019.

This growth is driven by sectors such as oil and gas, banking and finance, tourism, utilities, telecommunications and government services that are looking for solutions within cloud computing, mobile platforms as well as software helping with social media. Within the GCC, the UAE and Saudi Arabia are the largest markets.

Investments are being made into e-government services and also m-government - services through mobile platforms. In the 2016 Networked Readiness Index, the UAE ranked first among Arab countries and 26th globally. It also ranked 1st in mobile coverage and 11th in availability of latest technologies. Expenditure on IT reahed $16b in 2016.

A number of global ICT companies have established regional headquarters in Dubai such as Microsoft, IBM, Oracle, Siemens, HP, Dell, Canon, Sony Ericsson, Cisco and more.