Artificial Intelligence Boosts UAE GDB by $96 Billion by 2030

Rapid adoption of artificial intelligence (AI) solutions will increase the UAE's GDP by USD 96 billion by 2030, enabling organizations to better meet and predict customer and citizen trends and drive digital business innovation. As the UAE Strategy for AI guides nationwide transformation, AI and machine learning are entering the mainstream. PwC predicts that AI will contribute USD 96 billion in UAE GDP 2030. By industry, Accenture says finance (USD 37 billion), healthcare (USD 22 billion), and transport and storage (USD 19 billion) will see the biggest growth by 2035. "Artificial intelligence solutions can enable new innovations that can augment the existing workforce, optimizing costs, efficiency, and innovation. Banks can analyze credit and loan repayments, hospitals can predict patient treatment success, and government agencies can enhance mega-events management," said Savitha Bhaskar, COO at Condo Protego, the UAE-based IT infrastructure and information management consultancy and solutions provider.