AI Robotics - United Arab Emirates

  • United Arab Emirates
  • The market size in the AI Robotics market is projected to reach US$63.10m in 2024.
  • The market size is expected to show an annual growth rate (CAGR 2024-2030) of 24.69%, resulting in a market volume of US$237.20m by 2030.
  • In global comparison, the largest market size will be in the United States (US$5,638.00m in 2024).
 
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Analyst Opinion

The AI Robotics market in the Artificial Intelligence Market of United Arab Emirates is experiencing substantial growth, driven by factors such as increasing adoption of AI technologies, rising demand for AI-powered services in various industries, and the convenience offered by AI robots in both service and industrial sectors. This growth is expected to continue as the country invests in advancing its technological infrastructure and encourages the use of AI in various sectors.

Customer preferences:
In the United Arab Emirates, the AI Robotics Market is experiencing a growing demand for advanced robotics technologies, particularly in the healthcare and education sectors. This is driven by a cultural emphasis on cutting-edge innovation and a desire for improved efficiency and convenience. Additionally, with a growing aging population, there is a rising need for robotic assistance in eldercare, creating new opportunities for AI Robotics companies.

Trends in the market:
In the United Arab Emirates, the AI Robotics market is experiencing a surge in demand for autonomous robots in industries such as healthcare, retail, and logistics. This is driven by the government's push towards digital transformation and the need for more efficient and cost-effective solutions. Additionally, there is a growing trend of using AI-powered chatbots for customer service and support. This trajectory is expected to continue as companies increasingly adopt AI and robotics technologies to improve productivity and enhance customer experience. Industry stakeholders should take note of these trends and invest in research and development to stay competitive in the rapidly evolving AI Robotics market.

Local special circumstances:
In the United Arab Emirates, the AI Robotics Market within the Artificial Intelligence Market is experiencing rapid growth due to the country's strong emphasis on technological advancements and its ambitious AI strategy. The government has launched various initiatives to foster the adoption of AI, such as the Dubai AI Ethics Board and the National AI Program. Additionally, the country's diverse population and its position as a global business hub make it an ideal market for AI robotics solutions in industries such as healthcare, transportation, and construction. The UAE's progressive regulatory environment and favorable business climate also contribute to the market's growth.

Underlying macroeconomic factors:
The AI Robotics Market within the Artificial Intelligence Market in the United Arab Emirates is influenced by various macroeconomic factors. These include the country's strong investment in technology, favorable regulatory environment, and high oil revenues. The UAE's robust economy and government support for innovation have led to the rapid adoption of AI robotics in various industries. Additionally, the increasing focus on diversifying the economy away from oil and investing in advanced technologies has created a conducive environment for the growth of the AI robotics market. Furthermore, the country's high per capita income and growing population are driving the demand for advanced and efficient solutions, further fueling the growth of the AI robotics market in the UAE.

Methodology

Data coverage: The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the funding values from different industries for the market.

Modeling approach / Market size:Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use annual financial reports, funding data, and third-party data. In addition, we use relevant key market indicators and data from country-specific associations such as GDP, number of internet users, number of secure internet servers, and internet penetration. This data helps us estimate the market size for each country individually.

Forecasts:In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited to forecast digital products and services due to the non-linear growth of technology adoption. The main drivers are the level of digitalization, the number of secure internet servers, and the revenue of the Public Cloud market.

Additional Notes: The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russian-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the market is updated on an ad-hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Data from the Statista Consumer Insights Global survey is weighted for representativeness.

Overview

  • Market Size
  • Value
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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