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In a recent interview with Jyoti Lalchandani, IDCs Group Vice President and Regional Managing Director for the Middle East, Turkey, and Africa (META), we explore the key trends and technologies that will shape the future of the Middle East and the challenges organizations will face in their digitaltransformation journey.
With its vast assortment of sensors and streams of data that yield digital insights in situ in almost any situation, the IoT / IIoT market has a projected market valuation of $1.5 trillion by 2030. trillion by 2030.”. Now things are the Internet.”.
The theme of this year’s summit is “The Future of IT: Rethinking Digitalization for an AI Everywhere World,” reflecting the growing importance of artificial intelligence and digitaltransformation across industries. e& enterprise, a leader in enterprise digital services, will play a pivotal role as the summit’s Host Partner.
Meanwhile, the digital twin market is set to grow at a 50% compound annual growth rate, reaching $184.5 billion by 2030. For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digitaltransformation and competitive strategy, on and off the track. . A Competitive Differentiator.
Data analytics is incredibly valuable for helping people. More institutions are recognizing this, so the market for data analytics in education is projected to be worth over $57 billion by 2030. They can use data analytics and predictiveanalytics tools to anticipate these trends more easily.
trillion to the global economy in 2030, more than the current output of China and India combined.” The retail industry is digitallytransforming, embracing AI at its core to enable key capabilities across five primary areas: Personalized shopping experiences : AI delivers hyper-localized insights and real-time recommendations.
through 2030. More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictiveanalytics and real-time monitoring. As of 2022, the EAM market was valued at nearly $6 billion , with a compound annual growth rate of 16.9%
Which industries in the Middle East are most likely to see significant digitaltransformation and technology investments in the next few years? Several industries in the Middle East are poised for significant digitaltransformation and technology investments over the next few years.
Be Sure You Choose the Right Low Code No Code BI and Analytics By some reports, the no-code and low-code development platform market is expected to grow from $10.3 billion in 2019 to $187 billion by 2030, reflecting a compound annual growth rate (CAGR) of over 31%. Download a free trial of Smarten Analytics software.
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