According to global statistics and reports, the UAE technology industry is set to achieve unprecedented growth in 2025 due to the significant expansion of digital innovation and adoption of advanced technologies.
Publish dateSaturday 11 January 2025 - 15:00
According to Amac News: These reports predict that the technology sector in the UAE will continue to grow in areas such as artificial intelligence, cloud computing, and emerging technologies such as blockchain and the Internet of Things.
A recent report by Statista, a German online platform that specializes in data collection and visualization, predicts that revenue from the technology services market in the UAE will grow to approximately $3.8 billion by 2025.
It also projects a CAGR of 6.24% from 2025 to 2029, increasing the market size to $4.79 billion by the end of the forecast period.
Officials of various emerging technology companies have told the media that the UAE is a key attraction for these businesses due to its advanced infrastructure and supportive business environment. They noted that the UAE market offers exceptional opportunities for technological innovation, especially with the widespread adoption of artificial intelligence.
Harsh Sajnani, founder and CEO of Kingpin, stated that the UAE, and especially Abu Dhabi, is a beacon for startups due to its world-class infrastructure.
Meanwhile, CapeCade's Chief Strategic Officer Alex Zito said the company is moving its operations to the UAE to expand its business due to promising opportunities and support from the UAE government.
A recent report by Statista, a German online platform that specializes in data collection and visualization, predicts that revenue from the technology services market in the UAE will grow to approximately $3.8 billion by 2025.
It also projects a CAGR of 6.24% from 2025 to 2029, increasing the market size to $4.79 billion by the end of the forecast period.
Officials of various emerging technology companies have told the media that the UAE is a key attraction for these businesses due to its advanced infrastructure and supportive business environment. They noted that the UAE market offers exceptional opportunities for technological innovation, especially with the widespread adoption of artificial intelligence.
Harsh Sajnani, founder and CEO of Kingpin, stated that the UAE, and especially Abu Dhabi, is a beacon for startups due to its world-class infrastructure.
Meanwhile, CapeCade's Chief Strategic Officer Alex Zito said the company is moving its operations to the UAE to expand its business due to promising opportunities and support from the UAE government.
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Source : news agency wam
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