Search results for: 'middle'

The Middle East defense market is in the midst of a transformation driven both by regional and international geostrategic processes and by the changing national security needs of the countries in the region. Among these is the intensification of the Iranian military's emerging challenges, which requires a response in all military clusters. The m...

Recent innovations in advanced information and communication technologies have enabled the digital transformation of financial services. As one of the fastest growing mobile network markets in the world, the Middle East represents an attractive opportunity for mobile-backed financial services solutions. The Gulf Cooperation Council (GCC) region has...

Middle Eastern countries increasingly acquire and develop missile defense (MD) capabilities to counter regional threats posed by Iran’s projected aggression in expanding the range, accuracy, stealth, and lethality of its offensive missiles and integrating them into military concepts of operations and coercive threats. This trend catalyzes regional ...

27 Oct 2021  |  Africa  |  Market Research

Middle East & Africa Defense Industry Growth Opportunities

Strategic Partnering to Transform Indigenous Defense Capabilities

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The Middle East and Africa (MEA) defense spending forecast for 2021–2030 will undergo a period of instability and high levels of tension due to the COVID-19 pandemic and the economic and national instability in the region. Major points of interest that could have an impact on geopolitical relations and a cascading effect on the wider defense indust...

Safety concerns regarding the use of drones are limiting growth for the commercial UAS market in the Middle East, with certain countries, such as Kuwait, Syria, and Iraq, banning drone operations of all types. However, other states, like Israel and the United Arab Emirates (UAE), permit drone use in the commercial sector. Moreover, technological ad...

17 Jul 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

Middle East and Africa Industrial Automation Market Outlook, 2020

Digital Transformation Reshapes the Industrial Market and Creates New Pivots of Growth for Automation Solution Providers in the Region

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Key Issues Addressed

This outlook study provides information on the key trends and predictions for the automation market in the Middle East and Africa in 2020, analysing developments across end-user industries. Demand for automation solutions in this region experienced a steady growth in 2019, aided by the moderate investment climate. The automation market across the r...

21 Apr 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

ICT Market in the Middle East, Forecast to 2024

Governments’ Digital Transformation Initiatives and Enterprises’ Increasing Acceptance of Disruptive Technologies, Such as IoT

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This research service analyzes the ICT market in the Middle East. It provides key highlights for 2019 as well as an outlook of the future. Countries covered under the geographic scope of this research service are Bahrain, Egypt, Iran, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and Syria. By industry, the market is segmented into tele...

04 Nov 2022  |  South Asia, Middle East & North Africa  |  Market Research

Growth Opportunities for the Aviation Industry in the Middle East

Assessing Effects of the COVID-19 Pandemic on Regional Industry Dynamics for Airlines, Airports, and MROs

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The COVID-19 pandemic has fundamentally disrupted the global aviation industry, with airlines and airports bearing the brunt of the downturn. Limited domestic travel and heavy reliance on international air traffic have had a greater impact on Middle Eastern airlines’ and airports’ business operations than their global counterparts. Airlines oper...

Russia’s war on Ukraine has unlocked unprecedented growth opportunities for the Middle East as Europe steers away from Russia for energy supply. The European Union’s commitment to end its reliance on Russian energy by 2027 and its focus on renewables and hydrogen offer ME countries a strong business case for energy investments, given that the regio...