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UAE IT market hits $1.5bn

  • United Arab Emirates: Saturday, December 16 - 2006 at 08:11

The UAE's IT market is estimated to have been worth $1.5bn at the end of last year, while Abu Dhabi is currently the biggest IT spender in the country with its total outlay for 2005 valued at $769m or 46.9% of the market share, according to ITQAN, a UAE based IT systems integrator. The country's total IT market value is expected to grow to $2.2bn by the end of 2008.

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