UAE’s tech industry set to achieve record growth

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

The UAE has strengthened 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 sustainable investments in digital infrastructure development and the establishment of supportive regulations and policies that create a favourable climate 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 like blockchain and the Internet of Things.

A recent report by Statista, a German online platform that specialises in data gathering and visualisation, forecasts that revenues from the technology services market in the UAE will increase by approximately $3.8 billion in 2025.

The company’s report emphasised 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 stable annual growth rate of 6.24% from 2025 to 2029, which will raise the market size to $4.79 billion by the end of the forecast period.

WAM