The UAE technology industry is poised to achieve record growth in 2025, driven by a significant expansion in digital innovation and the adoption of advanced technologies. This development further cements the UAE’s stature as a global hub for innovation and an international beacon for tech companies.

The UAE has cemented its position on the global map as an innovation-driven environment and an exceptional destination for the expansion of both global and emerging tech companies. This has been made possible through its sustained investment in digital infrastructure development and establishment of supportive regulations and policies that create an enabling environment for innovation and growth. International reports predict that the tech sector will continue to grow in areas such as artificial intelligence (AI), 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 around $3.8 billion by 2025. .

The company’s report emphasized that this projected growth reflects the UAE’s continued progress in developing its tech sector and increasing reliance on digital services. It also predicts a steady annual growth rate of 6.24% from 2025 to 2029, which will increase the market size to $4.79 billion by the end of the forecast period.

WAM