A study commissioned by Amazon Web Services reveals that the United Arab Emirates (UAE) has the potential to generate an additional $181 billion in economic value over the next decade (2023-2033) by accelerating the adoption of cloud services. This amount accounts for approximately 2.5 percent of the UAE’s cumulative gross domestic product (GDP) during that period.
Among countries in the Middle East and North Africa (MENA) region, the UAE stands out as the leader in driving economic growth through cloud adoption. The study indicates that a one percent increase in cloud adoption by UAE organizations translates to an average GDP growth of 0.21 percent, equivalent to $854.7 million.
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This growth rate is three times higher than the MENA average, making the UAE the top performer in the region. Notably, over 91 percent of this economic impact can be attributed to national productivity gains and spillover effects on the economy, while the remaining nine percent is driven by cloud spending from both public and private organizations in the UAE.
