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UAE Tech Industry Poised for USD 3.8 Billion Expansion by 2025
The UAE’s tech market is predicted to expand with a 6.24% annual growth rate through 2029, driven by AI and cloud innovation.
Jan 13, 2025
According to a recent Statista report, the UAE’s technology sector could see a USD 3.8 billion surge in market growth by 2025.
The forecasted surge is reflected by recent investments in digital infrastructure and policies, attracting both established tech giants and emerging startups. Artificial intelligence, cloud computing, and technologies such as blockchain and IoT are expected to drive this exponential growth.
With a projected annual growth rate of 6.24% through 2029, key sectors and stakeholders in the region are predicted to solidify the country’s position as a leading global tech destination.
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