UAE AI Market Expected To Surge To Dh170 Billion By 2030 Driving MENA's Dh610 Billion AI Sector
The UAE's Artificial Intelligence (AI) market is projected to reach Dh170 billion ($46.33 billion) by 2030, as per Grand View Research (GVR). This highlights the nation's growing influence in the region $166 billion (Dh610) AI industry.
GVR's report indicates that around three-quarters of UAE companies have either maintained or increased their AI investments over the past year. Machine learning and deep learning are pivotal in this transformation, especially in sectors like healthcare, logistics, and financial services.
"The Middle East, and especially the UAE, is no longer just an adopter of global AI technologies – it's, in fact, shaping its own playbook," said Swayam Dash, Managing Director at Grand View Research. "With sovereign funds backing innovation, and policies like the UAE's new Strategic Plan 2031 leading the way with focus on utilising artificial intelligence in achieving greater financial efficiency for the federal government, the region is becoming a laboratory for how AI can drive both governance and growth."
The report also highlights sector-specific opportunities within the region. The AI in Healthcare market in the Middle East and Africa is predicted to grow from $193.1 million (Dh709 million) in 2023 to $1.47 billion (Dh5.39 billion) by 2030 at a CAGR of 33.6 percent. Meanwhile, the legal AI sector is anticipated to almost triple from $43.3 million (Dh159 million) to $121.5 million (Dh446 million), growing at a CAGR of 18 percent during the same period.
"The release of region-specific AI metrics for the first time quantifies what many have sensed – that the UAE and its neighbours are at the tipping point of a generational transformation," Dash added. "And the next wave of opportunity will come from specialisation. Sectors like healthcare and legal technology are still emerging here and hence the potential is immense."
The MENA region is solidifying its position as one of the world's most dynamic AI frontiers due to government-led digital transformation agendas, rapid urbanisation, and advancements in technologies such as 5G, cloud computing, and IoT.
"Machine learning and deep learning continue to dominate adoption across smart-city initiatives, healthcare, and urban management – with the UAE leading the charge in real-world integration," said Dash.
The comprehensive Grand View Research MENA AI Market Report delves into these evolving trends, illustrating how data-driven policies and innovation are reshaping the region's digital economy.
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