The Impact of Global Technology Trends on Middle East Region
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The Impact of Global Technology Trends on Middle East Region

By Gateway TechnoLabs

The Impact of Global Technology Trends on Middle East Region

The rapid growth across the Middle East has been well publicized, as the growth and demand in the IT sector become broader in this region. The level of sustained growth across the region has resulted in a proliferation of opportunities for new businesses and a rise in entrepreneurship. At GITEX, all the global market leaders and other entrepreneurs can demonstrate their upcoming business solutions and do business across the Middle East, African countries, European nations, Indian subcontinent and South Asian markets.

Augmented Reality and Virtual Reality:

The value of the Middle East & Africa AR & VR market is expected to grow from $181m in 2016 to $6bn by 2020 & these transformative technologies are being widely adopted across key industries as surveyed by GITEX team. The purpose of Virtual Reality (VR) technology is to provide a near-real experience using reality emulation in a virtual environment. The VR market is poised to experience a massive transformation over the next five years driven by advances in devices, apps, components, content, and broadband communication. The anticipated precipitative price decline for consumer headsets will also spur VR market growth, causing app and content development to reach an inflection point. Robust growth of VR headsets will be seen in both high-end and mid-tier adoptions.

Internet of things (IoT):

The Internet of Things (IoT) has been called the next industrial revolution — it will impact the way all businesses, governments, and consumers interact with the physical world. IoT can be applied to things like transportation networks: “smart cities” which can help us reduce waste and improve efficiency for things such as energy use; this helping us understand and improve how we work and live. Take a look at the visual below to see what something like that can look like. IoT is gathering pace through smart city initiatives at the heart of the region. IoT-based services will be delivered in 2018 with the rise in IAM and cloud security gaining traction to fulfill smart city promises. The smart grid is growing at a faster rate in the region. Non-smart field devices of an electric utility are used to control and optimize power flow to ensure efficient, safe, and reliable service.

Smart Cities:

Digital technologies have empowered customers to have complete control of their interactions with businesses. They demand superior multi-channel experiences which are personalized and contextual. Moreover, the rapidly evolving technology landscape and fierce competition have caused businesses to see digital as a necessity rather than an option.

The implementation of technology by Governments to create future-facing nations is reflected in the knowledge that spending by national, federal and local governments worldwide on technology products and services is forecast to grow from $430.1B in 2016 to $476.1B by 2020 as surveyed by GITEX team — the era of Smart Cities has arrived.

Gateway Technolabs @ GITEX 2017

Gateway Group has an outstanding presence in the entire Middle East serving in the domains of AR/VR, IoT, smart manufacturing, smart cities.

Few highlights on Gateway Technolabs achievement:

1. 16+ Home Automation Projects
2. 11+ Wearable Device Projects
3. 5+ OBD — II connected cars projects
4. 20+ Industrial Automation Projects
5. 10 + Certified Data Scientists

Our widespread presence, large client base, understanding of specific business needs, timely delivery and deployment of the cutting-edge solution, excellent customer support has rendered our one-stop destination for businesses looking to enhance the appeal of their products to niche consumers.