Press release
GCC Artificial Intelligence Market Report 2024-32: Scope, Share, Size, Outlook, Forecast and Analysis
IMARC Group's report titled "๐๐๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฒ ๐๐ฒ๐ฉ๐ (๐๐๐ซ๐ซ๐จ๐ฐ/๐๐๐๐ค ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐, ๐๐๐ง๐๐ซ๐๐ฅ/๐๐ญ๐ซ๐จ๐ง๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐), ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ (๐๐๐ซ๐๐ฐ๐๐ซ๐, ๐๐จ๐๐ญ๐ฐ๐๐ซ๐, ๐๐๐ซ๐ฏ๐ข๐๐), ๐๐ฒ๐ฌ๐ญ๐๐ฆ (๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ, ๐๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ , ๐๐ฒ๐๐ซ๐ข๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ, ๐ ๐ฎ๐ณ๐ณ๐ฒ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ), ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ (๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐ง๐ ๐ฎ๐๐ ๐ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ , ๐๐๐๐ก๐ข๐ง๐ ๐๐๐๐ซ๐ง๐ข๐ง๐ , ๐๐จ๐ฆ๐ฉ๐ฎ๐ญ๐๐ซ ๐๐ข๐ฌ๐ข๐จ๐ง, ๐๐จ๐ง๐ญ๐๐ฑ๐ญ-๐๐ฐ๐๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ข๐ง๐ , ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ), ๐๐ง๐ ๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ (๐๐๐ง๐ค๐ข๐ง๐ , ๐ ๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐ง๐ ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ (๐๐ ๐๐), ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐๐๐๐ข๐ ๐๐ง๐ ๐๐๐ฅ๐๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐๐๐ญ๐ข๐จ๐ง, ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ, ๐๐ง๐๐ซ๐ ๐ฒ, ๐๐ข๐ง๐ข๐ง๐ ๐๐ง๐ ๐๐ญ๐ข๐ฅ๐ข๐ญ๐ข๐๐ฌ, ๐๐๐ญ๐๐ข๐ฅ ๐๐ง๐ ๐๐ก๐จ๐ฅ๐๐ฌ๐๐ฅ๐ ๐๐ซ๐๐๐, ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ , ๐๐๐ฎ๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐, ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ), ๐๐ง๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐๐๐๐-๐๐๐๐". The GCC artificial intelligence market size reached US$ 7.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 23.7 Billion by 2032, exhibiting a growth rate (CAGR) of 13.88% during 2024-2032.๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐๐๐๐๐ญ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
โข ๐ ๐๐ฏ๐จ๐ซ๐๐๐ฅ๐ ๐๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ ๐๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐๐ฌ ๐๐ง๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ๐ฌ:
The governments of various GCC countries are actively promoting the growth of the artificial intelligence (AI) industry. These initiatives often include investing in AI infrastructure, research and development (R&D), and education. For instance, the United Arab Emirates (UAE) has launched a national AI strategy, aiming to become a leader in AI by 2031. These government-led efforts are crucial in creating a supportive environment for AI development. They foster innovation, attract international AI firms, and encourage local startups. This governmental support is instrumental in establishing the GCC as a major hub for AI technology, driving economic growth and diversification away from oil dependency.
โข ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ฏ๐๐ซ๐ฌ๐ ๐๐๐๐ญ๐จ๐ซ๐ฌ:
Currently, AI technology in the GCC region is finding diverse applications across numerous sectors, such as healthcare, finance, retail, and transportation. This widespread adoption is spurred by the escalating need for efficiency, cost reduction, and enhanced customer experiences. In healthcare, AI is being used for predictive analytics and personalized medicine, while in finance, it aids in fraud detection and customer service automation. The retail sector utilizes AI for inventory management and customer behavior analysis. The transportation sector is exploring AI for smart traffic management systems. This extensive utilization of AI across industries significantly contributes to the growth of the AI market in the GCC, as it demonstrates the technology's versatility and potential for transformational impact.
โข ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐ง๐ ๐๐จ๐ง๐ง๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ:
The GCC's robust digital infrastructure is another critical factor supporting the growth of its AI industry. The region has made substantial investments in high-speed internet, cloud computing, and data centers, creating an ideal ecosystem for AI technologies to thrive. Enhanced connectivity and state-of-the-art digital infrastructure are also essential for data processing and AI algorithm training, which are core components of AI development. This infrastructure supports the operational needs of AI as well as encourages innovation and experimentation in the field. As a result, the GCC region is becoming increasingly attractive for AI research and development activities, further driving market growth.
๐๐๐๐๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
โข Accubits Technologies
โข Amazon Web Services, Inc.
โข (Amazon.com Inc.)
โข Cogtalk
โข Facebook Inc
โข Fusion Informatics Limited
โข Google LLC (Alphabet Inc.)
โข Intel Corporation
โข Microsoft Corporation
โข Nvidia Corporation
โข Oracle Corporation
โข Qualcomm Incorporated
โข Samsung Electronics Co. Ltd
โข SAP Middle East & North Africa LLC(SAP SE)
โข Siemens Middle East Limited (Siemens Ag)
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐๐๐ง ๐ซ๐๐๐๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/gcc-artificial-intelligence-market/requestsample
๐๐๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฒ๐ฉ๐:
โข Narrow/Weak Artificial Intelligence
โข General/Strong Artificial Intelligence
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
โข Hardware
โข Software
โข Service
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฒ๐ฌ๐ญ๐๐ฆ:
โข Intelligence Systems
โข Decision Support Processing
โข Hybrid Systems
โข Fuzzy Systems
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
โข Natural Language Processing
โข Machine Learning
โข Computer Vision
โข Context-Aware Computing
โข Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
โข Banking, Financial Services and Insurance (BFSI)
โข Technology, Media and Telecommunication
โข Transportation and Logistics
โข Energy, Mining and Utilities
โข Retail and Wholesale Trade
โข Construction and Manufacturing
โข Education and Healthcare
โข Others
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ:
โข United Arab Emirates
โข Saudi Arabia
โข Oman
โข Qatar
โข Kuwait
โข Bahrain
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐: https://www.imarcgroup.com/gcc-artificial-intelligence-market
๐๐๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Presently, the artificial intelligence market in the GCC region is experiencing dynamic growth, primarily driven by supportive government initiatives aimed at economic diversification and digital transformation. Additionally, there has been a notable increase in AI adoption across various sectors like healthcare, finance, and construction, leveraging AI for efficiency and innovation, thus favoring market growth. Key trends include the integration of AI in smart city projects, the rising use of machine learning for data analysis, and the growing significance of AI in enhancing customer experience. Furthermore, substantial investments in AI education and research are nurturing local talent and attracting global AI firms, thus strengthening the region's AI ecosystem and augmenting market growth.
๐๐จ๐ญ๐: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ญ๐ก๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
โข https://www.imarcgroup.com/vietnam-hair-care-market
โข https://www.imarcgroup.com/vietnam-geospatial-analytics-market
โข https://www.imarcgroup.com/vietnam-generic-drugs-market
โข https://www.imarcgroup.com/vietnam-generative-ai-market
โข https://www.imarcgroup.com/vietnam-gaming-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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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