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    Home > Chemicals Industry > International Chemical > The UAE IoT market will reach $35 billion in 2019

    The UAE IoT market will reach $35 billion in 2019

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    According to a report by MicroMarket Monitor cited by industry experts at the latest SAP Innovation Summit Dubai, the UAE's Internet of Things (IoT) market will grow at a CAGR of 28% to $35 billion by 2019
    .

    The UAE government also recently launched the UAE Blockchain Strategy 2021 to save 11 billion dirhams ($3 billion) in costs
    .

    Sameer Areff, Chief Operating Officer of SAP Middle East South, said: "2018 will be a tipping point
    for the UAE to move IoT, AI, machine learning and blockchain from theory to reality.

    Iman Al Omrani, Vice President of Applied Intelligence at Expo 2020 Dubai, highlighted how applying data-driven insights through smart technologies will ensure a superior experience
    for the expected millions of visitors.

    EOH International's EnerClever Smart Waste Management solution wins over the next generation of innovators in Europe, the Middle East and Africa
    .
    End-to-end IoT solutions help any city effectively plan and execute real-time waste management with mobile apps and administrator dashboards to optimize efficiency and costs, and improve customer service
    .

    "UAE organizations, led by Expo 2020 Dubai, EOH International and WASL Asset Management Group, will be at the global forefront in leveraging real-time digital platforms to enable new business models and support the nation's digital transformation," added Sameer Areff
    .

    According to a report by MicroMarket Monitor cited by industry experts at the latest SAP Innovation Summit Dubai, the UAE's Internet of Things (IoT) market will grow at a CAGR of 28% to $35 billion by 2019
    .

    Internet of Things

    The UAE government also recently launched the UAE Blockchain Strategy 2021 to save 11 billion dirhams ($3 billion) in costs
    .

    Sameer Areff, Chief Operating Officer of SAP Middle East South, said: "2018 will be a tipping point
    for the UAE to move IoT, AI, machine learning and blockchain from theory to reality.

    Iman Al Omrani, Vice President of Applied Intelligence at Expo 2020 Dubai, highlighted how applying data-driven insights through smart technologies will ensure a superior experience
    for the expected millions of visitors.

    EOH International's EnerClever Smart Waste Management solution wins over the next generation of innovators in Europe, the Middle East and Africa
    .
    End-to-end IoT solutions help any city effectively plan and execute real-time waste management with mobile apps and administrator dashboards to optimize efficiency and costs, and improve customer service
    .

    "UAE organizations, led by Expo 2020 Dubai, EOH International and WASL Asset Management Group, will be at the global forefront in leveraging real-time digital platforms to enable new business models and support the nation's digital transformation," added Sameer Areff
    .

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