The UAE’s Artificial Intelligence (AI) market is on track to reach a record Dh170 billion ($46.3 billion) by 2030, according to new research from global consultancy Grand View Research (GVR), solidifying the nation’s position as a key driver of the region’s AI revolution.

The study projects that the MENA AI market, valued at Dh43.7 billion ($11.9 billion) in 2023, will surge nearly 15-fold to Dh610 billion ($166.3 billion) by 2030, growing at an annual rate of 44.8%.

“The Middle East, and especially the UAE, is no longer just an adopter of global AI technologies – it’s shaping its own playbook,” said Swayam Dash, Managing Director at Grand View Research. 

“Sovereign funds, innovation hubs, and forward-thinking policies like the UAE’s Strategic Plan 2031 are turning the region into a global testbed for AI-driven growth.”

Nearly three in four UAE companies have maintained or increased AI investments this year, particularly in healthcare, logistics, and finance. The report highlights that AI in Healthcare is expected to grow from Dh709 million in 2023 to Dh5.39 billion by 2030, while legal AI is forecast to triple to Dh446 million in the same period.

GVR’s findings underline that the UAE is now leading real-world AI integration across smart cities, urban mobility, and public services, supported by advancements in 5G, cloud, and IoT technologies.

The full Grand View Research MENA AI Market Report details how policy, data, and innovation are converging to shape one of the world’s most dynamic digital economies.