Top Sectors for Startups in GCC: A Market Research Perspective

 The GCC's strategic shift to reduce its reliance on oil is a potent catalyst that is opening an array of chances for entrepreneurs in a variety of high-growth industries. The Fintech and financial services industries are particularly promising. For example, Bahrain has over 120 fintech companies and became a major hub reflecting a strong combination of investor interest and governmental backing. Additionally, technology and deep tech are also becoming more prevalent, supported by significant investments in Web3 infrastructure, AI, and IoT. Startups in this field are in a unique position to create cutting-edge solutions that tackle difficult problems and create industries that are ready for the future. Unleashing the market potential of these prime sectors necessitates a thorough, market-research-driven strategy. Working with an experienced market research firm in areas like Dubai is crucial for companies looking for accurate data.

Furthermore, there remains a lot of startup activity in the more established industries like real estate and tourism. Massive infrastructure investments and a rise in tourists are driving this upward trend. For instance, the UAE's non-oil GDP increased by 5% in 2024, with real estate and transportation (which climbed by 9.6%) playing a major role. Also, the manufacturing and logistics industries have evolved substantially, giving entrepreneurs the chance to boost local production capabilities and improve supply chain efficiency. Identifying precise sub-niches and strategically positioning startups to take advantage of the GCC's proactive economic diversification requires extensive market research within these sectors. The India Watch can provide top feasibility study and market research services in the UAE. To know more about our services, contact us at info@theindiawatch.com



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