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null Smart Cities and Autonomous Transportation

Smart Cities and Autonomous Transportation

Local addressable Market

  • Abu Dhabi and Dubai rank in the world’s top 50 Smart Cities, thanks to measures such as the digital transformation of the government, Smart Dubai initiatives, and Expo 2020 Dubai as one of the world’s best connected events.
  • Abu Dhabi and Dubai have  been ranked as the smartest cities in the Middle East and North Africa region in the 'Smart City Index 2021’ by the Institute for Management Development (IMD) and Singapore University for Technology and Design (SUTD).
  • While Abu Dhabi is ranked 28, Dubai is closely behind at 29, out of 118 cities in the 'Smart City Index 2021’. Compared to 2020, both the emirates climbed up 14 places globally.
  • Dubai remains highly progressive in its vision of automated vehicles and smart mobility initiatives, with its plan to transform 25% of its total transportation to autonomous modes by 2030.

Recent trends

  • The Global Smart Cities Market is anticipated to grow from USD 457 billion in 2021 to USD 873.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period.
  • The Global Mobility as a service market is projected to reach USD 40.1 billion by 2030 from an estimated USD 3.3 billion in 2021, at a CAGR of 32.1% from 2021 to 2030. 
  • The Smart Building market was valued at USD 82.55 billion in 2020 and is expected to reach USD 229.10 billion by 2026 at a CAGR of over 11.33% over the forecast period of 2021 to 2026.


Growth Opportunities

  • Smart Cities & Artificial Intelligence Plan (2018-2022) is a project in ​​smart cities for managing infrastructure using Information & Internet of Things Technology.
  • UAE National Smart Mobility Strategy, the National Artificial Intelligence Strategy 2031 aims at positioning the UAE as a global leader in artificial intelligence by 2031, and to develop an integrated system that employs artificial intelligence in vital areas in the UAE.


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