%2Fuploads%2Fdubai-digitized-economy%2Finfobytes%2F31.jpg&w=3840&q=75)
The UAE’s Digital Economy Contributions to GDP (USD Billions)
Specifically with regards to developing a digital economy, the government launched the UAE’s Digital Economy Strategy, which aims to double the contribution of the digital economy to the UAE’s GDP from 9.7% to over 20% by 2031.
This would mean that the UAE’s digital economy today is roughly valued at over US $38 billion.
By 2031, the national digital economy is expected to be conservatively valued at well over US $140 billion.
A PwC report published in 2018 forecasted that the UAE’s Artificial Intelligence (AI) industry alone would contribute $96 billion to the economy (13.6% of GDP) by 2030.
Related Report
%2Fuploads%2Fdubai-digitized-economy%2Fdubai-digitized-economy-1.jpg&w=3840&q=75)
Dubai’s Roadmap to Becoming the Digital Economy Capital of the World
An overview on how the government of Dubai is taking aim at becoming a leader in everything from blockchain to artificial intelligence, cryptocurrency, digital assets and the metaverse. Here’s how Dubai plans on growing a digital economy worth over us $140 billion by 2031, and attracting more coders per capita than any other city on earth.
Related Videos & Podcasts
Calling All Coders to Get Free Residency in Dubai!
By Lucidity Insights Research Team • February 05, 20235 Things to Know About Dubai's Digital Economy Ambitions
By Lucidity Insights Research Team • February 05, 2023Dubai: A Hub for the Globally-Minded Entrepreneur
By Lucidity Insights Research Team • February 05, 2023
%2Fuploads%2Fdubai-digitized-economy%2Fvideo%2F04.png&w=3840&q=75)
%2Fuploads%2Fdubai-digitized-economy%2Fvideo%2F02.png&w=3840&q=75)
%2Fuploads%2Fdubai-digitized-economy%2Fvideo%2F01.png&w=3840&q=75)
Did you check these out?
The Top 10 Most Funded Startups in UAE for H1 2024
By Nazmia Nassereddine • July 31, 2024UAE Non-Oil Sectors Contribute 75 percent to GDP in H1 2024
By Staff Writer • December 31, 2024MNT-Halan, Al Ansari Partner to Launch Multiple Financial Services in UAE
By Staff Writer • December 30, 2024Abu Dhabi Launches Four Plans to Empower Businesses and Entrepreneurs
By Staff Writer • December 09, 2024Dubai's Binary Holdings Secures $5 Million to Expand Web3 Vision
By Staff Writer • December 06, 2024MyFatoorah Partners with Mastercard to Revolutionize GCC Payment Solutions
By Staff Writer • December 02, 2024Microsoft's Cloud Ecosystem to Contribute Over US$74 Bil to UAE Economy: IDC Report
By Press Release • October 15, 2024OCTA Closes $2.25M Pre-Seed Round to Solve Cash Flow Challenges for SMEs
By Press Release • October 11, 2024IN1 Secures $6 Million to Expand Crypto and Fiat Financial Management
By Staff Writer • September 24, 2024Xpence and Paymob Join Forces to Expand Digital Payment Capabilities for SMEs in the GCC
By Staff Writer • September 16, 2024
%2Fuploads%2Farticles%2F2024%2F0815_top-10-uae-h1%2Fuae-abu-dhabi-thumbnailsss.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F12%2F31_2uaegdp.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F12%2F30_2alansari-halan.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F12%2F09_3abudhabi.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F12%2F06_1binaryholdings.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F12%2F02_6myfatoorah.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F10%2F15_7microsoftuae.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F10%2F11_1octa.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F09%2F24_1in1.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F09%2F16_1xpence-paymob.jpg&w=3840&q=75)
Related Contents
News
Cashfree Secures $53M to Expand Digital Payments in UAE & Middle East
By Staff Writer • February 28, 2025Articles
Dubai's Roadmap to Achieving Net Zero While Doubling Its Economy
By Erika Masako Welch • October 09, 2024News
New IPOs Propel UAE Stock Markets to $5.8 Billion Market Boost
By Emirates News Agency • June 18, 2024News
UAE's qeen.ai Secures $2.2M Pre-Seed Funding to Transform E-Commerce
By Press Release • June 06, 2024News
UAE Manufacturing Sector Receives $6.26 Billion Boost from the Government
By Staff Writer • June 03, 2024News
UAE's GDP Expected to Rise by 4% This Year According to IMF
By Staff Writer • May 21, 2024News
World Bank Raises UAE's 2024 GDP Growth Forecast
By Emirates News Agency • April 15, 2024Infobytes
Dubai's Key Strategic Focus Areas for the Future of Digital Economy
By Lucidity Insights Research Team • February 17, 2024
%2Fuploads%2Fpr%2520articles%2F2025%2F02%2F28_3cashfree.jpg&w=3840&q=75)
%2Fuploads%2Fdubai-green-future%2Farticles%2Froadmap%2Fcover.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F06%2F18_1ipo.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F06%2F06_6qeenai.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F06%2F03_1manufacture.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F05%2F21_7gdp.jpg&w=3840&q=75)
%2Fuploads%2Fpr%2520articles%2F2024%2F04%2F15_1gdp.jpg&w=3840&q=75)
%2Fuploads%2Fdubai-digitized-economy-2%2Finfobytes%2F01.jpg&w=3840&q=75)
