GITEX GLOBAL and Expand North Star set to accelerate world's AI economy with market projected to reach $2.7 trillion by 2032

GITEX GLOBAL and Expand North Star Set to Accelerate World’s AI Economy

The world’s digital economy is rapidly evolving, and Artificial Intelligence (AI) is at the forefront of this transformation. As the global market for AI technology is projected to reach $2.7 trillion by 2032, GITEX GLOBAL and Expand North Star are joining forces to accelerate the growth of the AI economy.

GITEX GLOBAL, the world’s largest tech and startup event, is set to host its annual conference in Dubai, UAE, from October 12-16, 2024. Under the theme of “Global Collaboration to Forge a Future AI Economy,” the event aims to bring together industry leaders, innovators, and investors to redefine the world’s digital economy and AI ecosystem.

Expand North Star, a leading AI-focused venture capital firm, is partnering with GITEX GLOBAL to curate a comprehensive program that showcases the latest advancements in AI technology and its potential applications across various industries. The partnership will provide a platform for startups, investors, and industry leaders to connect, collaborate, and explore new opportunities in the AI landscape.

The AI Market Boom

The global market for AI is projected to grow exponentially in the coming years, driven by increasing demand for automation, data analysis, and intelligent systems. According to a report by MarketsandMarkets, the AI market is expected to reach $2.7 trillion by 2032, growing at a CAGR of 35.4% between 2022 and 2032.

The growth of the AI market is fueled by advancements in machine learning, natural language processing, computer vision, and robotics. As AI technology continues to improve, it is increasingly being applied across various industries, including healthcare, finance, retail, and manufacturing.

GITEX GLOBAL and Expand North Star’s Role in Accelerating the AI Economy

GITEX GLOBAL and Expand North Star are committed to fostering innovation and collaboration in the AI ecosystem. Through their partnership, they aim to provide a platform for startups and entrepreneurs to showcase their ideas, connect with investors and industry leaders, and access new markets and opportunities.

The program will feature keynote speeches, panel discussions, and workshops led by AI experts and thought leaders. The agenda will cover topics such as AI ethics, data privacy, and the impact of AI on various industries. The event will also host a startup showcase, where innovative AI-focused startups can demonstrate their solutions and connect with potential investors and partners.

The partnership between GITEX GLOBAL and Expand North Star is significant as it brings together two leading organizations that share a common goal of promoting AI innovation and adoption. By collaborating, they aim to create a robust AI ecosystem that fosters collaboration, innovation, and growth.

Conclusion

The partnership between GITEX GLOBAL and Expand North Star is a significant step towards accelerating the growth of the world’s AI economy. By bringing together industry leaders, innovators, and investors, they aim to create a comprehensive platform that showcases the latest advancements in AI technology and its potential applications across various industries.

As the AI market continues to grow, events like GITEX GLOBAL and partnerships with venture capital firms like Expand North Star will play a crucial role in fostering innovation, collaboration, and growth in the AI ecosystem. With a projected market size of $2.7 trillion by 2032, the AI economy is poised for significant growth, and GITEX GLOBAL and Expand North Star are committed to being a catalyst for this growth.