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UAE’s Internet of Things Market to Triple to USD 35 Billion by 2019

November 2017

November 19, 2017 | 13:00 | Dubai

With the UAE’s Internet of Things (IoT) market tripling over the next two years, 2018 will be the vital year for organizations to undergo digital transformation, industry experts announced today on the sidelines of the Smart Life exhibition, sponsored by Ajman Bank.

The UAE’s IoT market is set to more than triple to USD 35 billion by 2019, according to a recent report by research firm MicroMarket Monitor. As a result, organizations across the region can transform daily lives and increase their return on investment.

Showcasing the IoT in action, the Smart Life exhibition, running from 19-20 November in Ajman, will showcase innovations across smart banking, government, office, hospitality, marketing, education, home, and gaming.

At the foundation of the IoT era is digital transformation and information management, in order to connect people, processes, devices, and sensors to networks for real-time data analytics and decision-making, argues UAE-based IT infrastructure and information management consultancy and solutions provider Condo Protego.

“While the Internet of Things era is still several years away from becoming widespread, UAE organizations can get a head start in 2018 by transforming their technology infrastructure to drive new business models, and customer and citizen services,” said Andrew Calthorpe, CEO, Condo Protego.

In the UAE, Condo Protego is a partner to industry-leading technology companies such as Dell EMC, working closely with organizations of all sizes and industry verticals to undergo digital transformation. Condo Protego is especially encouraging UAE organizations to prioritize data center modernization, cloud services, and cybersecurity.

“At the Smart Life exhibition, Condo Protego is showcasing with our partners how technology can transform daily lives and businesses. Mobile government, telepresence banking and hospitality, and digital student records are examples of how technology can enable people to save time, money, and gain new experiences,” said Andrew Calthorpe.

Showing the strong global growth in the Internet of Things, technology giant Dell EMC recently announced plans to invest USD 1 billion in the Internet of Things to 2020.

Visit the Condo Protego stand at the Smart Life Exhibition at the Emirates Hall in the Emirates Hospitality Center in Ajman from 19-20 November 2017.

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