GITEXs expansion into Latin America, projected to develop a $950 billion digital ecosystem by 2026, promises significant socio-economic transformations, leveraging advancements in artificial intelligence.
- The announcement of GITEX LATAM was made on October 14, 2025, during GITEX GLOBAL at the Dubai World Trade Centre, highlighting the events global tech leadership.
- Latin Americas digital market is expected to reach nearly US$950 billion by 2026, driven by a burgeoning ecosystem of startup companies and advancements in artificial intelligence.
- The International Monetary Fund has noted that countries like India and regions like Karnataka are also contributing to the technological advancements that GITEX aims to integrate into Latin America.
Why It Matters
The entrance of GITEX into Latin America reflects a pivotal shift in the global tech landscape, fostering innovation and investment in a region ripe for digital transformation, which could enhance economic growth and tech entrepreneurship.