UAE Operational Technology Market Size & Outlook, 2023-2030
UAE operational technology market, 2018-2030 (US$M)
Related Markets
UAE operational technology market highlights
- The UAE operational technology market generated a revenue of USD 1,285.6 million in 2023 and is expected to reach USD 2,718.0 million by 2030.
- The UAE market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, computer numerical control was the largest revenue generating component in 2023.
- Building Management System is the most lucrative component segment registering the fastest growth during the forecast period.
Operational technology market data book summary
| Market revenue in 2023 | USD 1,285.6 million |
| Market revenue in 2030 | USD 2,718.0 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Computer numerical control |
| Fastest growing segment | Building Management System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Supervisory Control and Data Acquisition, Distributed Control System, Manufacturing Execution System Market, Functional Safety, Building Management System, Plant Asset Management, Variable Frequency Drives, Computer Numerical Control |
| Key market players worldwide | ABB Ltd, Emerson Electric Co, GE Aerospace, Hitachi Ltd, Honeywell International Inc, International Business Machines Corp, OMRON Corp, Rockwell Automation Inc, Siemens AG, Schneider Electric SE |
Other key industry trends
- In terms of revenue, UAE accounted for 0.7% of the global operational technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia operational technology market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5,117.3 million by 2030.
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Operational Technology Market Scope
Operational Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE operational technology market outlook
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 operational technology market will help companies and investors design strategic landscapes.
Computer numerical control was the largest segment with a revenue share of 33.99% in 2023. Horizon Databook has segmented the UAE operational technology market based on supervisory control and data acquisition, distributed control system, manufacturing execution system market, functional safety, building management system, plant asset management, variable frequency drives, computer numerical control covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE strategically employs operational technology to enhance efficiency and promote innovation in key sectors such as smart cities, transportation, and energy. For instance, The Dubai Metro Project, where advanced operational technology solutions optimize transportation network management, ensuring the system operates seamlessly and reliably.
The UAE is proactively engaging in digital transformation initiatives, marked by the extensive integration of operational technology. This broad adoption of operational technology aims to modernize and enhance diverse aspects of both public and private sector operations, underscoring the nation's commitment to technological advancement and efficiency.
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Target buyers of UAE operational technology market databook
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Our clientele includes a mix of operational technology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE operational technology market, including forecasts for subscribers. This country databook contains high-level insights into UAE operational technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE operational technology market report size, by component, 2018-2030 (US$M)
UAE Operational Technology Market Share, 2023 & 2030 (US$M)
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