NEW YORK, July 29, 2016 /PRNewswire/ --
Middle East & Africa UPS market to grow on account of rising demand from commercial and industrial sectors
According to a recently published TechSci Research report "Middle East & Africa UPS Market By kVA Range, By End User, By Country, Competition Forecast & Opportunities, 2011 - 2021", the UPS systems market in Middle East & Africa (MEA) is projected to register sales of 4.2 million units by 2021, on account of widening energy demand-supply gap, high influx of new technology & systems, increasing IT spending and booming trade & tourism sector. Growing demand from diverse sectors, such as IT & ITeS, Banking, Financial Services and Insurance (BFSI), government, manufacturing, telecom, energy, etc., is expected to drive the MEA UPS market during forecast period.
Middle East & Africa Telecom Services Market Size, By Value, 2013-2018F (USD Billion)
Year Telecom services Revenue 2013 84.9 2014 87.2 2015 89.5 2016E 91.9 2017F 94.2 2018F 96.5
Source: TechSci Research
Browse 2 market data Tables and 60 Figures spread through 147 Pages and an in-depth TOC on "MEA UPS Market"
UPS in the range of less than 5 kVA accounted for the largest share in Middle East & Africa UPS market in 2015 on the back of its various applications in banks, hospitals, retail outlets, educational & financial institutions, amusement parks, etc. Commercial sector was the largest end user of UPS in the MEA region in 2015, and the same trend is expected to continue over the next five years as well. Country-wise, Saudi Arabia dominated the Middle East & Africa UPS market in 2015 on account of widespread adoption of Cloud computing, big data analytics and mobile technologies in the country.
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"The government of countries falling under the Middle East & Africa region are introducing various initiatives to computerize their departments. For instance, the 2003 Telecom Law, which was introduced by Telecommunications Regulatory Authority (TRA) based at Abu Dhabi, mandates the promotion of e-government, ensuring service quality and management of every aspect of information technology (IT) and telecommunications industries in the UAE. All these initiatives are expected to positively influence the MEA UPS market over the next five years." Said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"Middle East & Africa UPS Market By kVA Range, By End User, By Country, Competition Forecast & Opportunities, 2011 - 2021" has evaluated the future growth potential of UPS market in MEA and provides statistics and information on market structure, policies and regulations in the MEA UPS market. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses emerging trends along with essential drivers, challenges and opportunities available in MEA UPS market.
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