UAE ICT spending to reach USD 23 bln by 2024

Monday 16 March 2020 | 10:19 CET | News
ICT spending in the UAE will reach USD 23 billion in 2024, according to new research from GlobalData, which represents a compound annual growth rate (CAGR) of 8 percent from 2019. GlobalData says the UAE continues to be among the most attractive ICT markets in the Middle East, driven by digitsation initiatives and aided by the increased adoption of leading technologies such as cloud, big data analytics, internet of things (IoT) and artificial intelligence (AI). 

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Categories: General / IT
Countries: United Arab Emirates
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