GCC Artificial Intelligence Market Size, Share, Price Trends, Growth, Industry Analysis 2023-2028 | Syndicated Analytics

GCC Artificial Intelligence Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the GCC artificial intelligence market based on its segments including type, solutions, system, technology, end use Industry and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.

Report Metrics

Historical Year: 2017-2022
Base Year: 2022
Forecast Year: 2023-2028

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Artificial Intelligence (AI) represents a branch of computer science that aims to simulate human intelligence in order to create programmable machines. It includes various hardware components, such as chipsets with high computing capabilities, Graphics Processing Unit (GPU), Application-specific Integrated Circuits (ASIC), Central Processing Unit (CPU), etc. The software element comprises core technologies, including deep learning, natural language processing, machine learning, etc., that can process large amounts of data. Artificial intelligence offers numerous benefits, such as enhanced accuracy, adaptability, and productivity. It is widely employed in various industries, including agriculture, retail, automotive, manufacturing, etc.

NoteThe study incorporates COVID-19’s direct market impact as well as the indirect effects of related industries on the GCC artificial intelligence market. These insights are regularly updated by the subject matter experts at Syndicated Analytics.

GCC Artificial Intelligence Industry Trends and Drivers:

The expanding Information Technology (IT) industry, along with the growing penetration of IoT-based smart devices, is primarily propelling the GCC artificial intelligence market. Furthermore, the rising integration of image recognition technology with optical character identification and the escalating demand for AI in self-driving cars, drones, robots, etc., are stimulating the market growth. Apart from this, numerous e-commerce platforms are integrating AI-based algorithms, recommendation engines, chatbots, etc., to enhance customer engagement, which is also contributing to the market growth. Moreover, the introduction of 5G infrastructure and the inflating need for smart virtual assistants are acting as other significant factors. Besides this, leading market players are heavily investing in R&D activities for the upgradation and development of several applications of artificial intelligence, which is offering lucrative growth opportunities to the GCC market. Additionally, the elevating utilization of artificial intelligence for analyzing large data volumes on account of the increasing digitization across diverse industry verticals, including telecommunication, retail, construction, BFSI, etc., is expected to fuel the GCC artificial intelligence market in the coming years.

GCC Artificial Intelligence Market Report Scope
Report CoverageDetails
Base year for estimation2022
Historical data2017-2022
Forecast period2023-2028
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments coveredType, Solutions, System, Technology, End Use Industry and Region
Regional scopeSaudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, Bahrain
Customization ScopeIn case our report does not include the required data, you can reach out to our analysts for customization per your needs.
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GCC Artificial Intelligence Market Segmentation:

The market is segmented in on the basis of type, solutions, system, technology, end use Industry and region.

By Type:

  • Narrow/Weak Artificial Intelligence
  • General/Strong Artificial Intelligence

By Solutions:

  • Hardware
  • Software
  • Service

By System:

  • Intelligence Systems
  • Decision Support Processing
  • Hybrid Systems
  • Fuzzy Systems

 By Technology:

  • Natural Language Processing
  • Machine Learning
  • Computer Vision
  • Context-Aware Computing
  • Others

By End Use Industry:

    • Banking, Financial Services and Insurance (BFSI)
    • Technology, Media and Telecommunication
    • Transportation and Logistics
    • Energy, Mining and Utilities
    • Retail and Wholesale Trade
    • Construction and Manufacturing
    • Education and Healthcare
    • Others

By Region

    • Saudi Arabia
    • United Arab Emirates
    • Qatar
    • Kuwait
    • Oman
    • Bahrain

The key regions covered in the market report are Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain. Moreover, the report also focuses on factors that strengthen revenue potential, demand, and consumption patterns in the market.

Competitive Landscape:

The report also provides insights on the competitive landscape of the GCC artificial intelligence industry with the leading players profiled in the report.

Discover how this report can help boost your revenues:

  • Examine the current trends in the GCC artificial intelligence market to evaluate industry prospects
  • Analyze the present and future performance in established and emerging markets
  • Evaluate market dynamics and expansion opportunities
  • Investigate the economic and non-economic factors influencing market segments
  • Employ qualitative and quantitative market analysis to enhance data-driven decisions
  • Analyze how demand and supply factors influence industry growth at the regional and country level
  • Study the market competition as per Porter’s five forces model
  • Gain insights to new product launches and growth strategies employed by market players
  • Capitalize on comprehensive profiles of major companies operating in the industry

About us: Syndicated Analytics is a market research firm that offers consulting services and provides comprehensive market intelligence in the form of research reports. Our team, consisting of experienced researchers and analysts from diverse industries, is deeply committed to the quality of the information and insights delivered to the clients which range from small and medium enterprises to Fortune 1000 companies. They are able to achieve this by studying the qualitative and quantitative aspects of the market as well as staying up to date with the current and the evolving trends of the industry. Our set of syndicated as well as customized market reports thus help the clients to gain a better view of their competitive landscape, overcome various industry-related challenges and formulate revenue generating business strategies.

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1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    GCC Artificial Intelligence Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Narrow/Weak Artificial Intelligence    
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    General/Strong Artificial Intelligence
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Solutions
    7.1    Hardware
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Software
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Service
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by System
    8.1    Intelligence Systems
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Decision Support Processing
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Hybrid Systems
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Fuzzy Systems
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Technology
    9.1    Natural Language Processing
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Machine Learning
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Computer Vision
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Context-Aware Computing
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by End Use Industry
    10.1    Banking, Financial Services and Insurance (BFSI)
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Technology, Media and Telecommunication
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Transportation and Logistics
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Energy, Mining and Utilities 
        10.4.1 Market Trends
        10.4.2 Market Forecast
    10.5    Retail and Wholesale Trade
        10.5.1 Market Trends
        10.5.2 Market Forecast
    10.6    Construction and Manufacturing
        10.6.1 Market Trends
        10.6.2 Market Forecast
    10.7    Education and Healthcare
        10.7.1 Market Trends
        10.7.2 Market Forecast
    10.8   Others
        10.8.1 Market Trends
        10.8.2 Market Forecast
11    Market Breakup by Country
    11.1    United Arab Emirates
        11.1.1 Market Trends
        11.1.2 Market Breakup by Type
        11.1.3 Market Breakup by Solutions
        11.1.4 Market Breakup by System
        11.1.5 Market Breakup by Technology
        11.1.6 Market Breakup by End Use Industry
        11.1.7 Market Forecast
    11.2    Saudi Arabia
        11.2.1 Market Trends
        11.2.2 Market Breakup by Type
        11.2.3 Market Breakup by Solutions
        11.2.4 Market Breakup by System
        11.2.5 Market Breakup by Technology
        11.2.6 Market Breakup by End Use Industry
        11.2.7 Market Forecast
    11.3    Oman
        11.3.1 Market Trends
        11.3.2 Market Breakup by Type
        11.3.3 Market Breakup by Solutions
        11.3.4 Market Breakup by System
        11.3.5 Market Breakup by Technology
        11.3.6 Market Breakup by End Use Industry
        11.3.7 Market Forecast
    11.4    Qatar
        11.4.1 Market Trends
        11.4.2 Market Breakup by Type
        11.4.3 Market Breakup by Solutions
        11.4.4 Market Breakup by System
        11.4.5 Market Breakup by Technology
        11.4.6 Market Breakup by End Use Industry
        11.4.7 Market Forecast
    11.5    Kuwait
        11.5.1 Market Trends
        11.5.2 Market Forecast
    11.6    Bahrain
        11.6.1 Market Trends
        11.6.2 Market Forecast
12   SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis

    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Accubits Technologies
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
        16.3.2    Amazon Web Services Inc. (Amazon.com Inc.)
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio 
           16.3.2.3 Financials
           16.3.2.4 SWOT Analysis
        16.3.3    Cogtalk
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio 
        16.3.4    Facebook Inc
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio 
           16.3.4.3 Financials
           16.3.4.4 SWOT Analysis
        16.3.5    Fusion Informatics Limited
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio 
        16.3.6    Google LLC (Alphabet Inc.)
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
           16.3.6.3 Financials
           16.3.6.4 SWOT Analysis
        16.3.7    Intel Corporation
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8     Microsoft Corporation
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio 
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    Nvidia Corporation
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
           16.3.9.3 Financials
           16.3.9.4 SWOT Analysis
        16.3.10    Oracle Corporation
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio
           16.3.10.3 Financials
           16.3.10.4 SWOT Analysis
        16.3.11    Qualcomm Incorporated
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio
           16.3.11.3 Financials
           16.3.11.4 SWOT Analysis
        16.3.12    Samsung Electronics Co. Ltd.
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio
           16.3.12.3 Financials
           16.3.12.4 SWOT Analysis
        16.3.13    SAP Middle East & North Africa LLC (SAP SE)
           16.3.13.1 Company Overview
           16.3.13.2 Product Portfolio
           16.3.13.3 Financials
           16.3.13.4 SWOT Analysis
        16.3.14   Siemens Middle East Limited (Siemens Ag)
           16.3.14.1 Company Overview
           16.3.14.2 Product Portfolio
           16.3.14.3 Financials
           16.3.14.4 SWOT Analysis

List of Figures
 

Figure 1: GCC: Artificial Intelligence Market: Major Drivers and Challenges
Figure 2: GCC: Artificial Intelligence Market: Sales Value (in Million US$), 2017-2022
Figure 3: GCC: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: GCC: Artificial Intelligence Market: Breakup by Type (in %), 2022
Figure 5: GCC: Artificial Intelligence Market: Breakup by Solutions (in %), 2022
Figure 6: GCC: Artificial Intelligence Market: Breakup by System (in %), 2022
Figure 7: GCC: Artificial Intelligence Market: Breakup by Technology (in %), 2022
Figure 8: GCC: Artificial Intelligence Market: Breakup by End Use Industry (in %), 2022
Figure 9: GCC: Artificial Intelligence Market: Breakup by Country (in %), 2022
Figure 10: GCC: Artificial Intelligence (Narrow/Weak Artificial Intelligence) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: GCC: Artificial Intelligence (Narrow/Weak Artificial Intelligence) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: GCC: Artificial Intelligence (General/Strong Artificial Intelligence) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: GCC: Artificial Intelligence (General/Strong Artificial Intelligence) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: GCC: Artificial Intelligence (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: GCC: Artificial Intelligence (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: GCC: Artificial Intelligence (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: GCC: Artificial Intelligence (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: GCC: Artificial Intelligence (Service) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: GCC: Artificial Intelligence (Service) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: GCC: Artificial Intelligence (Intelligence Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: GCC: Artificial Intelligence (Intelligence Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: GCC: Artificial Intelligence (Decision Support Processing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: GCC: Artificial Intelligence (Decision Support Processing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: GCC: Artificial Intelligence (Hybrid Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: GCC: Artificial Intelligence (Hybrid Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: GCC: Artificial Intelligence (Fuzzy Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: GCC: Artificial Intelligence (Fuzzy Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: GCC: Artificial Intelligence (Natural Language Processing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: GCC: Artificial Intelligence (Natural Language Processing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: GCC: Artificial Intelligence (Machine learning) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: GCC: Artificial Intelligence (Machine learning) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: GCC: Artificial Intelligence (Computer Vision) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: GCC: Artificial Intelligence (Computer Vision) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: GCC: Artificial Intelligence (Context-Aware Computing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: GCC: Artificial Intelligence (Context-Aware Computing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: GCC: Artificial Intelligence (Other Technologies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: GCC: Artificial Intelligence (Other Technologies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: GCC: Artificial Intelligence (Banking, Financial Services and Insurance-BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: GCC: Artificial Intelligence (Banking, Financial Services and Insurance-BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: GCC: Artificial Intelligence (Technology and Telecommunication) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: GCC: Artificial Intelligence (Technology and Telecommunication) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: GCC: Artificial Intelligence (Transportation and Logistics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: GCC: Artificial Intelligence (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: GCC: Artificial Intelligence (Energy, Mining and Utilities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: GCC: Artificial Intelligence (Energy, Mining and Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: GCC: Artificial Intelligence (Retail and Wholesale Trade) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: GCC: Artificial Intelligence (Retail and Wholesale Trade) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: GCC: Artificial Intelligence (Construction and Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: GCC: Artificial Intelligence (Construction and Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: GCC: Artificial Intelligence (Education and Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: GCC: Artificial Intelligence (Education and Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: GCC: Artificial Intelligence (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: GCC: Artificial Intelligence (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: United Arab Emirates: Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: United Arab Emirates: Artificial Intelligence Market: Breakup by Type (in %), 2022
Figure 56: United Arab Emirates: Artificial Intelligence Market: Breakup by Solutions (in %), 2022
Figure 57: United Arab Emirates: Artificial Intelligence Market: Breakup by System (in %), 2022
Figure 58: United Arab Emirates: Artificial Intelligence Market: Breakup by Technology (in %), 2022
Figure 59: United Arab Emirates: Artificial Intelligence Market: Breakup by End Use Industry (in %), 2022
Figure 60: United Arab Emirates: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Saudi Arabia: Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Saudi Arabia: Artificial Intelligence Market: Breakup by Type (in %), 2022
Figure 63: Saudi Arabia: Artificial Intelligence Market: Breakup by Solutions (in %), 2022
Figure 64: Saudi Arabia: Artificial Intelligence Market: Breakup by System (in %), 2022
Figure 65: Saudi Arabia: Artificial Intelligence Market: Breakup by Technology (in %), 2022
Figure 66: Saudi Arabia: Artificial Intelligence Market: Breakup by End Use Industry (in %), 2022
Figure 67: Saudi Arabia: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Oman: Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Oman: Artificial Intelligence Market: Breakup by Type (in %), 2022
Figure 70: Oman: Artificial Intelligence Market: Breakup by Solutions (in %), 2022
Figure 71: Oman: Artificial Intelligence Market: Breakup by System (in %), 2022
Figure 72: Oman: Artificial Intelligence Market: Breakup by Technology (in %), 2022
Figure 73: Oman: Artificial Intelligence Market: Breakup by End Use Industry (in %), 2022
Figure 74: Oman: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Qatar: Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Qatar: Artificial Intelligence Market: Breakup by Type (in %), 2022
Figure 77: Qatar: Artificial Intelligence Market: Breakup by Solutions (in %), 2022
Figure 78: Qatar: Artificial Intelligence Market: Breakup by System (in %), 2022
Figure 79: Qatar: Artificial Intelligence Market: Breakup by Technology (in %), 2022
Figure 80: Qatar: Artificial Intelligence Market: Breakup by End Use Industry (in %), 2022
Figure 81: Qatar: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Kuwait: Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Kuwait: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Bahrain: Artificial Intelligence Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Bahrain: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: GCC: Artificial Intelligence Market: SWOT Analysis
Figure 87: GCC: Artificial Intelligence Market: Value Chain Analysis
Figure 88: GCC: Artificial Intelligence Market: Porter’s Five Forces Analysis

List of Tables

Table 1: GCC: Artificial Intelligence Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: Artificial Intelligence Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: GCC: Artificial Intelligence Market Forecast: Breakup by Solutions (in Million US$), 2023-2028
Table 4: GCC: Artificial Intelligence Market Forecast: Breakup by System (in Million US$),2023-2028
Table 5: GCC: Artificial Intelligence Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 6: GCC: Artificial Intelligence Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 7: GCC: Artificial Intelligence Market Forecast: Breakup by Country (in Million US$), 2023-2028
Table 8: GCC: Artificial Intelligence Market: Competitive Structure
Table 9: GCC: Artificial Intelligence Market: Key Players