Market revenue in 2024 | USD 263.6 million |
Market revenue in 2030 | USD 1,554.1 million |
Growth rate | 28.7% (CAGR from 2024 to 2030) |
Largest segment | Software |
Fastest growing segment | Services |
Historical data | 2017 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Software, Services |
Key market players worldwide | Ai Holdings Corp, Amazon.com Inc, International Business Machines Corp, Alphabet Inc Class A, Microsoft Corp, Adobe Inc |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to generative ai market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 64.76% in 2024. Horizon Databook has segmented the UAE generative ai market based on software, services covering the revenue growth of each sub-segment from 2017 to 2030.
UAE has been investing heavily in robotics and automation in recent years, recognizing the potential impact of these technologies on various industries, such as manufacturing, logistics, and healthcare. The country has also been attracting significant investment in this field, both from domestic and foreign investors.
The UAE government has been investing in robotics and automation technology as part of its Vision 2021 initiative, which aims to position the country as a global hub for innovation and technology. The government has been investing in various sectors, including manufacturing and logistics, with a particular focus on artificial intelligence and automation.
For instance, the Dubai Future Foundation has launched the Dubai 10X initiative, which aims to develop disruptive technologies in various industries, including robotics and automation.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE generative ai market , including forecasts for subscribers. This country databook contains high-level insights into UAE generative ai market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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