Economy Events Local November 17, 2024

UAE Leads in AI Solutions Demand | Ours Abroad News

Global companies report that the UAE is witnessing a significant rise in demand for responsible AI solutions, driving economic growth. The AI sector is projected to reach $16.48 billion in 2024, highlighting its strategic importance.


UAE Leads in AI Solutions Demand | Ours Abroad News

Global companies at the GITEX 2024 event reported to journalists from Gulf News that in the United Arab Emirates there is an observed increase in the demand for artificial intelligence solutions that contribute to the economic development of the country. Experts predict that the sector's management and business analytics volume will reach 16.48 billion dollars by 2024 and 37.84 billion dollars by 2032, with an annual growth rate of 10.9%, which indicates a strategic increase in the importance of enhancing operational efficiency.

Large international companies specializing in artificial intelligence solutions are increasing competition in creating technical solutions that improve services, boost profits, and also accelerate and enhance the effectiveness of business processes.