The Middle East’s digital economy is projected to grow from $180 billion in 2022 to $780 billion in 2030 or roughly 20 per cent growth per annum.
The digital economy is expected to rise from 4.1 per cent in 2022 to 13.4 per cent in 2030, only slightly below the 15 per cent level seen in the US. This makes the Middle East one of the fastest-growing digital economies globally, thanks to significant new investments during and after the Covid-19 pandemic.