MarkNtel Advisors recently published a detailed industry analysis of the UAE Leisure, Entertainment and Tourism (LET) Digital Services Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
UAE Leisure, Entertainment and Tourism (LET) Digital Services Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The UAE Leisure, Entertainment and Tourism (LET) Digital Services Market is projected to grow at a CAGR of around 9.73% during the forecast period, i.e., 2023-28.
Key Findings in UAE Leisure, Entertainment and Tourism (LET) Digital Services Market:
- Historical Analysis: 2018–2021
- Base Year: 2022
- Forecast Period: 2023–2028
Leading Market Players- Emaar Entertainment, Semnox Solutions Private Limited, Viva Ticket Inc., Platinumlist, VGS Ticketing System, Ticketmaster Middle East, Gantner Electronic GmbH Middle East, Vantage Technology Ltd, Connecteam, and Chetu Inc.
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the UAE Leisure, Entertainment and Tourism (LET) Digital Services industry?
Growing Popularity of Historical & Religious Tourism Sites– The development of pilgrimage sites owing to rising faith tourism in the country has been supporting the requirement of digital services at these locations. Dubai houses a large number of religious attractions for people from different nationalities who are residing in the country. Several religious & historical parks and museums, like the Museum of Islamic Civilization in Sharjah & Quranic Park in Dubai, are present in the country that tourists may explore with their families. Moreover, UAE is a hub of cultures, historical places, and architectural wonders that tourists visit to increase their awareness regarding other religions.
Hence, the rising tourism at these historical & religious tourism sites would raise the demand for digital services to be used to enhance the tourist experience. Besides, the new projects for the construction of historical sites, such as the Natural History Museum, Kalba Heritage Museum project, etc., which are estimated to start in 2022, would further supplement the demand for digital services at these sites during 2023-2028.
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What segments define the UAE Leisure, Entertainment and Tourism (LET) Digital Services Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By LET Type
- Tourist Attraction
- Theme Parks
- Water Parks
- Aquarium
- Museums
- Others (Zoo’s, Safari’s, Galleries etc.)
- Entertainment Attraction
- Race-Tracks
- Stadium
- Theatres
- Others (Circus, Operas, etc.)
- Leisure Attraction
- Adventure Parks
- Indoor Sky Diving
- Bowling Alleys
- Kart Tracks
- Others (Turfs, Escape Rooms, etc.)
According to report, Based on the LET segments, Tourist attractions gained a major market share during recent past years, owing to the rising construction & development of museums & theme parks in the country.
By Service Type
- Digital Marketing Services
- Sales & Support Services
- Information & Ticketing (Online Ticketing, Self Service Kiosks, etc.)
- Cashless Management
- Customer Relationship (360 Degree CRM Solution, Annual & Season Pass Management)
- Digital Signage
- Access Control
- Analytics
- Food & Beverage System (F&B Sales, Inventory/Recipe Management)
- Queue Management
- Navigation on Ground
- Point of Sales
- Customer Concierge Services
- Operations Management (Staff Management, Facility Management)
- Bundled Services
- Others (IT Security, Network Support, Integrated Locker Management etc.)
According to report, Here, Digital Marketing services are anticipated to witness considerable growth in the UAE Travel & Tourism market during the historical period.
Explore the Complete UAE Leisure, Entertainment and Tourism (LET) Digital Services Market Analysis Report – https://www.marknteladvisors.com/research-library/uae-let-digital-services-market.html
Geographical Analysis: UAE Leisure, Entertainment and Tourism (LET) Digital Services Market
By Region
- Dubai
- Abu Dhabi
- Sharjah and Northern Emirates
UAE Leisure, Entertainment and Tourism (LET) Digital Services Recent Development:
- 2021: Loopagoon, the world’s first water park exclusively for women, opened to the public in Dana Bay, Saudi Arabia, and partnered with Prologic First Dubai and Gateway Ticketing Systems for ticketing and operational solutions at the park.
- 2021: Emaar Entertainment partnered with Gosi Investments to expand Reel Cinemas in Saudi Arabia with an investment of about USD270 million. The opening of Reel Cinemas in Saudi Arabia would feature 14 cinema screens & consist most advanced technology & a specially crafted food & beverage menu managed by Emaar Entertainment.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the UAE Leisure, Entertainment and Tourism (LET) Digital Services Market?
- How is the UAE Leisure, Entertainment and Tourism (LET) Digital Services Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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