UAE Smart Retail Market Size & Outlook, 2025-2033
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UAE smart retail market highlights
- The UAE smart retail market generated a revenue of USD 817.9 million in 2024 and is expected to reach USD 9,749.8 million by 2033.
- The UAE market is expected to grow at a CAGR of 32.2% from 2025 to 2033.
- In terms of segment, hardware was the largest revenue generating solution in 2024.
- Software is the most lucrative solution segment registering the fastest growth during the forecast period.
Smart retail market data book summary
| Market revenue in 2024 | USD 817.9 million |
| Market revenue in 2033 | USD 9,749.8 million |
| Growth rate | 32.2% (CAGR from 2025 to 2033) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Amazon.com Inc, Cisco Systems Inc, Alphabet Inc Class A, Honeywell International Inc, Huawei Technologies, International Business Machines Corp, Intel Corp, LG Electronics Inc ADR, NVIDIA Corp, NXP Semiconductors NV, Pax Global Technology Ltd, Samsung Electronics Co Ltd, Apollo Global Management Inc Class A, NCR Atleos Corp |
Other key industry trends
- In terms of revenue, UAE accounted for 1.9% of the global smart retail market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Middle East & Africa, UAE smart retail market is projected to lead the regional market in terms of revenue in 2033.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 7,221.2 million by 2033.
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Smart Retail Market Scope
Smart Retail Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Pax Global Technology Ltd | View profile | 1771 | 30 Harbour Road, 25th Floor, Room 2504, Sun Hung Kai Centre, Hong Kong, Hong Kong | https://www.paxglobal.com.hk |
| NCR Atleos Corp | View profile | 20000 | 864 Spring Street NW, Atlanta, GA, United States, 30308 | https://www.ncratleos.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Apollo Global Management Inc Class A | View profile | 4945 | 9 West 57th Street, 42nd Floor, New York, NY, United States, 10019 | https://www.apollo.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| NVIDIA Corp | View profile | 29600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | https://www.nvidia.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
UAE smart retail market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart retail market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 85.65% in 2024. Horizon Databook has segmented the UAE smart retail market based on hardware, software covering the revenue growth of each sub-segment from 2021 to 2033.
The UAE market was One of the major factors driving the growth of the UAE smart retail market is the rising demand for contactless systems. Retail businesses are using such smart retail solutions to offer customers seamless accessibility across stores and ease of use without help from store employees.
The subsequent improvement in customer service is expected to increase the demand for smart retail solutions in the country. Several supermarkets and standard grocery stores in the UAE have adopted smart retail solutions to reduce queues and facilitate personalized offers to consumers based on their shopping experience.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UAE smart retail market databook
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Our clientele includes a mix of smart retail market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE smart retail market , including forecasts for subscribers. This country databook contains high-level insights into UAE smart retail market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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UAE Solution - Smart Retail Market size, 2024 - 2033 (US$M)
UAE Smart Retail Market Outlook Share, 2024 & 2033 (US$M)
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