Information & Communications Tech Market Surges to AED 192 Billion
Key drivers include deployment of 5G, enabling smart city projects such as Dubai's Smart City initiative, and AI integration.
Apr 29, 2025
The information and communications technology (ICT) market in the UAE is forecast to expand from AED 191.68 billion in 2025 to AED 312 billion by 2030, a 10.29% compound annual growth rate, according to a Mordor Intelligence report. This growth is attributed to government-backed digital transformation strategies, including the National AI Strategy 2031, and rising demand for cloud computing, cybersecurity, and IoT solutions.
Key drivers include the rapid deployment of 5G networks, enabling smart city projects such as Dubai's Smart City initiative, and AI integration across sectors like healthcare, finance, and transport. The report highlights contributions from multinational firms like Microsoft, Oracle, and IBM, alongside a surge in tech startups. AI is projected to contribute 14% to the UAE's GDP by 2030, with annual growth of 33.5% since 2018.
5G infrastructure supports advancements in autonomous vehicles, remote healthcare, and IoT applications, while cybersecurity investments align with increased digitisation. The UAE's strategic position as a regional tech hub continues to attract global enterprises and foster innovation.
Market growth coincides with the UAE's aim to derive 50% of federal productivity gains from digital solutions by 2031.
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