Market revenue in 2023 | USD 30.8 million |
Market revenue in 2030 | USD 239.6 million |
Growth rate | 34% (CAGR from 2023 to 2030) |
Largest segment | No-code ai platforms |
Fastest growing segment | Services |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | No-code AI Platforms, Services |
Key market players worldwide | Amazon.com Inc, Apple Inc, Caspio, Alphabet Inc Class A, Microsoft Corp |
No-code ai platforms was the largest segment with a revenue share of 76.95% in 2023. Horizon Databook has segmented the UAE no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
In the UAE, emerging technologies, such as Augmented Reality (AR) and Virtual Reality (VR), are increasingly being integrated into the no-code AI platforms used by the incumbents of the retail and e-commerce industries.
Businesses are using these platforms to provide immersive and interactive shopping experiences, allowing customers to visualize products before purchasing. The trend demonstrates the industry's commitment to using advanced technologies to create a more engaging and futuristic retail environment.
The use of NLP in no-code AI platforms is facilitating efficient data analysis. Businesses in the UAE are using NLP to extract relevant insights from unstructured data, including customer reviews, social media comments, and industry trends.
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