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GCC Conversational AI Market 2024, Size, Outlook, Key player Analysis and Forecast by 2032

12-05-2023 12:12 PM CET | Media & Telecommunications

Press release from: IMARC Group

GCC Conversational AI Market 2024, Size, Outlook, Key player

IMARC Group's report titled "๐†๐‚๐‚ ๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ฌ๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐€๐ˆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ (๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ, ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ), ๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ (๐‚๐ฅ๐จ๐ฎ๐-๐๐š๐ฌ๐ž๐, ๐Ž๐ง-๐๐ซ๐ž๐ฆ๐ข๐ฌ๐ž๐ฌ), ๐“๐ฒ๐ฉ๐ž (๐ˆ๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐ญ ๐•๐ข๐ซ๐ญ๐ฎ๐š๐ฅ ๐€๐ฌ๐ฌ๐ข๐ฌ๐ญ๐š๐ง๐ญ (๐ˆ๐•๐€๐ฌ), ๐‚๐ก๐š๐ญ๐›๐จ๐ญ๐ฌ), ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ (๐๐…๐’๐ˆ, ๐‘๐ž๐ญ๐š๐ข๐ฅ ๐š๐ง๐ ๐„-๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž, ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž, ๐ˆ๐“ & ๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ, ๐Œ๐ž๐๐ข๐š ๐š๐ง๐ ๐„๐ง๐ญ๐ž๐ซ๐ญ๐š๐ข๐ง๐ฆ๐ž๐ง๐ญ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐š๐ง๐ ๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ". The GCC conversational AI market size is projected to exhibit a growth rate (CAGR) of 20.61% during 2024-2032.

๐…๐จ๐ซ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐œ๐š๐ง ๐ซ๐ž๐Ÿ๐ž๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.imarcgroup.com/gcc-conversational-ai-market/requestsample
Factors Affecting the Growth of the GCC Conversational AI Industry:

โ€ข ๐‘๐ข๐ฌ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐„๐ง๐ก๐š๐ง๐œ๐ž๐ ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐„๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ž๐ฌ:

Consumers are increasingly seeking personalized and efficient interactions with businesses, which has led to the adoption of conversational AI solutions. These AI-powered chatbots and virtual assistants offer 24/7 support, quick responses to queries, and the ability to handle routine tasks. As a result, companies in the GCC are turning to conversational AI to improve customer satisfaction, reduce response times, and streamline customer service operations. This demand is particularly pronounced in industries such as e-commerce, banking, and telecommunications, where customer interactions play a pivotal role in business success.

โ€ข ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ ๐“๐ซ๐š๐ง๐ฌ๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ˆ๐ง๐ข๐ญ๐ข๐š๐ญ๐ข๐ฏ๐ž๐ฌ:

Governments and businesses of the GCC countries are actively pursuing digital transformation initiatives to stay competitive in the global market. Conversational AI is a vital component of these efforts as it allows organizations to automate processes, gather valuable customer insights, and enhance operational efficiency. With the GCC region's increasing focus on diversifying its economy beyond oil and gas, industries like healthcare, retail, and logistics are integrating conversational AI solutions to optimize operations, reduce costs, and better engage with customers. This digital transformation drive is expected to further fuel the adoption of conversational AI technologies in the GCC region.

โ€ข ๐Œ๐ฎ๐ฅ๐ญ๐ข๐ฅ๐ข๐ง๐ ๐ฎ๐š๐ฅ ๐š๐ง๐ ๐‚๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐š๐ฅ ๐’๐ž๐ง๐ฌ๐ข๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ ๐‘๐ž๐ช๐ฎ๐ข๐ซ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ:

The GCC region is a culturally diverse region with various languages spoken, including Arabic, English, and others. This linguistic diversity poses a unique challenge for businesses aiming to implement conversational AI solutions effectively. To cater to the GCC market, conversational AI systems must be multilingual and culturally sensitive, understanding nuances and context in different languages and dialects. Companies that can provide AI solutions tailored to the specific linguistic and cultural needs of the region have a competitive advantage. Consequently, conversational AI developers are investing in language and cultural customization, making their solutions more appealing to GCC businesses.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐“๐Ž๐‚: https://www.imarcgroup.com/gcc-conversational-ai-market

๐†๐‚๐‚ ๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ฌ๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐€๐ˆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข Platform
โ€ข Services

Platform and services represent the largest segment due to the substantial investment in AI technology infrastructure and the demand for comprehensive AI solutions, including platform development, customization, and ongoing support services, by businesses in the region.

๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข Cloud-Based
โ€ข On-Premises

On the basis of deployment, the market has been segmented into cloud-based and on-premises.

๐“๐ฒ๐ฉ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข Intelligent Virtual Assistant (IVAs)
โ€ข Chatbots

Based on the type, the market has been divided into intelligent virtual assistant (IVAs) and chatbots.

๐„๐ง๐ ๐”๐ฌ๐ž๐ซ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข BFSI
โ€ข Retail and E-Commerce
โ€ข Healthcare
โ€ข IT & Telecom
โ€ข Media and Entertainment
โ€ข Others

On the basis of end user, the market has been categorized into BFSI, retail and E-commerce, healthcare, IT & telecom, media and entertainment, and others.

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข Saudi Arabia
โ€ข UAE
โ€ข Qatar
โ€ข Bahrain
โ€ข Kuwait
โ€ข Oman

Region-wise, the market has been classified into Saudi Arabia, UAE, Qatar, Oman, Kuwait, and Bahrain.

๐†๐‚๐‚ ๐‚๐จ๐ง๐ฏ๐ž๐ซ๐ฌ๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐€๐ˆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The rise of e-commerce and the growing demand for online services in the GCC countries have accelerated the need for efficient customer support and engagement tools. Conversational AI, with its ability to provide instant responses, personalized recommendations, and 24/7 availability, is well-suited to meet these demands. As more businesses in the region establish or expand their online presence, the adoption of conversational AI is expected to surge. Additionally, the GCC is a diverse region with multiple languages and cultures. Conversational AI systems that can effectively communicate in Arabic, English, and other regional languages are in high demand. Providers offering solutions that are culturally sensitive and capable of understanding nuances and context are likely to gain a competitive edge.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Ž๐ญ๐ก๐ž๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

Japan Network as a Service Market - https://www.imarcgroup.com/japan-network-as-a-service-market

Japan Personal Protective Equipment Market - https://www.imarcgroup.com/japan-personal-protective-equipment-market

Japan Industrial Enzymes Market - https://www.imarcgroup.com/japan-industrial-enzymes-market

Japan mHealth Market - https://www.imarcgroup.com/japan-mhealth-market

Japan Neurovascular Devices Market - https://www.imarcgroup.com/japan-neurovascular-devices-market

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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Market Forecast By Components (Display Screens, Content Players and Software), By Display Screen Types (Single Screen, Video Wall or Multi Screen and Digital Signage Kiosk), By Display Screen Technologies (LED, OLED and QLED), By Display Screen Size (Below 40", 40"-55" and Above 55"), By End User Applications (Government & Transportation, Retail, Healthcare & Hospitality, Education, Entertainment, Banks & Financial Institutions and Commercial Offices & Buildings), By Countries (Saudi Arabia, Bahrainโ€ฆ
Changing Dynamics of GCC Fertilizer Industry
Market Insights The changing dynamics of the GCC Fertilizers Market include rising population, falling commodity prices globally, and intense competition from abroad. In 2016, GCC fertilizer sales declined by 21%, to USD 5.2 billion. The same scenario was noted in 2015, wherein, the sales revenue dropped by 10%. The report provides a detailed analysis of the GCC fertilizer market, which is broadly segmented based on type and geography. Based on the type,โ€ฆ
GCC Digital Signage Market (2017-2023)-6Wresearch
GCC Digital Signage Market (2017-2023):ย Market Forecast By Components (Display Screens, Content Players and Software), By Display Screen Types (Single Screen, Video Wall or Multi Screen and Digital Signage Kiosk), By Display Screen Technologies (LED, OLED and QLED), By Display Screen Size (Below 40โ€, 40โ€-55โ€ and Above 55โ€), By End User Applications (Government & Transportation, Retail, Healthcare & Hospitality, Education, Entertainment, Banks & Financial Institutions and Commercial Offices & Buildings), Byโ€ฆ
GCC Renewable Energy Sector Opportunity Analysis
The worldโ€™s largest producer of oil and gas is finding it increasingly difficult to suffice its own needs. An unprecedented increase in population and growth in industrial and economic activity has triggered newfound interest in renewable energy development for six major Middle Eastern economies. Saudi Arabia, UAE, Kuwait, Qatar, Bahrain and Oman, together knows as the Gulf Cooperation Council, have turned their focus towards the exploitation of renewable sources ofโ€ฆ