Islamic Lifestyle

Virtual reality (“VR”) and augmented reality (“AR”) could deliver a $4.1billion boost to the UAE economy by 2030 - PwC Middle East


Dubai, UAE, 12 January 2020: VR and AR are forecast to contribute $4.1 billion to the UAE economy, a 1% boost to GDP by 2030 according to a new report launched today by PwC Middle East. The majority of the contribution to the UAE economy will come from AR ($2.8 billion) with VR providing $1.3 billion. VR and AR will also have a significant impact on employment in the country, with PwC estimating that 0.6% of jobs (upward of 40,000 people) will be enhanced by 2030.

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tags:

Augmented Reality
VR
Virtual Reality
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