Middle East Smart Cities Boost Global Market to US$ 1.2 Trillion

The Middle East is boosting the global Smart Cities market growth, which research firm Markets and Markets expects to nearly triple to US$ 1.2 trillion by 2022, say industry experts. Across the Middle East and North Africa, innovative public-private partnerships are powering the future of Smart Cities; from Dubai in the UAE to NEOM in the Kingdom of Saudi Arabia.

SAP is the first multi-national enterprise application software company with live cloud data centers in the UAE and Kingdom of Saudi Arabia, the latter part of a wider Saudi Arabia Digital Hub.

Pushing the boundaries of future urban mobility in Smart Cities, SAP is marking the Middle East debut of one of the world’s smartest concept vehicles at GITEX this year. Visitors to the SAP booth can experience how vehicle chassis and pods can be re-arranged for smart taxi fleets, and how connected logistics and waste management are revolutionizing the Smart City vehicular experience.

“The Middle East’s Smart Cities are global pioneers in embracing the vision of the Intelligent Enterprise. Not only are they running on the cloud, they are investing in industry vertical use cases – including connected transportation – in a manner that can transform the economy, society and the environment at large,” commented Steve Tzikakis, SAP President of South Europe, Middle East and Africa.

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