UAE’s Technology Industry Poised for Record Growth by 2025
Abu Dhabi, The Gulf Observer: The United Arab Emirates (UAE) is on track to achieve unprecedented growth in its technology sector by 2025, driven by rapid advancements in digital innovation and the adoption of cutting-edge technologies. This surge further cements the UAE’s position as a global innovation hub and a premier destination for tech companies worldwide.
Sustainable investments in digital infrastructure and the implementation of supportive regulations have been key to the UAE’s success in fostering an environment conducive to innovation and growth. These efforts have solidified the nation’s status as a magnet for both global and emerging technology firms.
International forecasts highlight significant growth in areas such as artificial intelligence (AI), cloud computing, blockchain, and the Internet of Things. According to a recent report by Statista, the UAE’s technology services market is projected to generate an additional $3.8 billion in revenues by 2025. The report further predicts a stable annual growth rate of 6.24% between 2025 and 2029, with the market size expected to reach $4.79 billion by the end of the period.
Tech industry leaders have lauded the UAE’s advanced infrastructure and business-friendly environment as key drivers of this growth. Harsh Sajnani, Founder & CEO of Kingpin, emphasized the UAE’s appeal as a beacon for startups, particularly Abu Dhabi, citing its world-class infrastructure and enabling policies. Sajnani noted that the UAE’s digital transformation empowers companies to adopt advanced technologies, enhancing operational efficiency and global competitiveness.
Similarly, Alex Zito, Strategic COO of CapeCade, highlighted the UAE’s robust support for emerging tech businesses. He revealed the company’s plans to relocate operations to the UAE to capitalize on its exceptional opportunities and government-backed initiatives. Zito described Abu Dhabi as an ideal base to transform the company’s regional user base into long-term clients, thanks to the region’s comprehensive ecosystem for startups and investors alike.
The UAE’s technology sector continues to thrive as it positions itself at the forefront of global innovation, showcasing its readiness to lead in emerging technologies and digital services.
