UAE Pioneers Smart Cities Tech to Drive $2.7 Billion Middle East and Africa Market

Press release
Published January 16th, 2020 - 11:07 GMT
UAE Pioneers Smart Cities Tech to Drive $2.7 Billion Middle East and Africa Market
During the event
Highlights
The UAE’s pioneering smart cities initiatives – including smart services, the 5G rollout, AI projects, and hyperloop – are supporting the strong growth in the Middle East and Africa’s smart cities tech market.

The UAE’s pioneering smart cities initiatives – including smart services, the 5G rollout, AI projects, and hyperloop – are supporting the strong growth in the Middle East and Africa’s smart cities tech market, which IDC says will reach USD 2.7 billion by 2024, industry experts said today at the World Future Energy Summit.

Supporting regional and global smart cities development, the World Future Energy Summit’s Smart Cities Expo & Forum is seeing robust conference discussions and the latest innovations from BMW, Circ e-scooters, Cubic Art Technologies (CATEC), Hyperloop, Tesla, along with the national pavilions of Japan and The Netherlands that are showcasing innovative technologies.

Majd Coussa, Head of Energy & Utilities industry at Etisalat, who will be on the panel ‘5G - The True Enabler for Connected Smart Cities?’, said: “Smart cities that combine state-of-the-art 5G technologies with artificial intelligence and the Internet of Things will see the biggest benefit in digitally transforming the society and economy, in addition to supporting the country’s leadership to progress its sustainability agenda. The Smart Cities Expo & Forum is a key event for showcasing the UAE’s 5G leadership, with Etisalat’s world-pacing commercial 5G network launch supporting innovations at mega-events such as Expo 2020 Dubai.”

The Smart Cities Expo & Forum, which runs from 13-16 January 2020, is bringing together the key smart cities stakeholders from the region and world. These include Masdar, the Abu Dhabi Department of Energy, and Tadweer; innovators such as ekar, IBM, Hyperloop One, and Killa Architectural Design; financiers such as HSBC; and industry associations such as the GSMA.

“Smart cities rely on a wide range of technologies – such as artificial intelligence, 5G, the Internet of Things, and transport innovations – to transform citizen experiences and reduce carbon footprints,” said Grant Tuchten, Group Event Director, World Future Energy Summit. “The World Future Energy Summit’s Smart Cities Expo & Forum is bringing together key industry experts, project leaders, and solution providers to discuss how leveraging smart technologies can transform the urban environment in the region.”

The World Future Energy Summit, hosted by Masdar as part of Abu Dhabi Sustainability Week, a global platform for accelerating the world’s sustainable development, is being held at Abu Dhabi National Exhibition Centre (ADNEC) from 13-16 January 2020.

Background Information

World Future Energy Summit

The annual World Future Energy Summit in Abu Dhabi is the leading global industry event and marketplace for future energy, cleantech and sustainability. Bringing together government and business leaders, 800 specialist exhibitors and 33,500 visitors from 170 countries, it showcases pioneering technologies and ground-breaking thinking in energy and energy efficiencywatersolarwastesmart cities and more.

Masdar

Masdar is a global leader in renewable energy and sustainable urban development. Over the last decade, we have pioneered commercially viable solutions in clean energy, sustainable real estate and clean technology in the UAE and around the world.

Headquartered in Abu Dhabi, we develop renewable energy projects, realise low-carbon urban development, while advancing clean-tech innovation. We also deliver world-class knowledge and industry platforms.

At Masdar, we are supporting the UAE’s transition towards a knowledge-based economy. We aim to be a model for the commercial adoption of clean technologies, and a showcase of the UAE’s wider commitment to sustainability. 

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