Market Share of UAE Digital Transformation Industry
The UAE digital transformation market is moderately fragmented in nature. Key major players include G42.ai, IBM Corporation, Microsoft Corporation, Oracle Corporation, and others. These major players account for a considerable percentage in the country and actively participate in partnerships and product innovations to gain more market share.
- In April 2024, G42, the artificial intelligence (AI) technology player, and Microsoft Corp. announced a significant move in which Microsoft planned to invest USD 1.5 billion in G42. This strategic investment aimed to bolster the collaboration between the two entities, focusing on introducing advanced Microsoft AI technologies and skill-building programs in the UAE and globally.
- In September 2023, the University of Wollongong in Dubai (UOWD) launched its Master of Digital Transformation program, a pioneering initiative in the region. Developed in collaboration with tech leader IBM, the program aligned with the UAE's 2025 digital strategy, designed to propel the nation towards a knowledge-based economy, emphasizing innovation and advanced sciences. By partnering with IBM, UOWD guarantees its students an education tailored to industry needs, arming them with the expertise and mindset crucial for spearheading digital transformations in diverse sectors.
UAE Digital Transformation Market Leaders
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Microsoft Corporation
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G42
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IBM Corporation
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SquareOne Technologies
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Oracle Corporation
*Disclaimer: Major Players sorted in no particular order