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KSA Generative AI Market to Reach USD 4,798.43 million by 2034, Growing at a Robust 32.1% CAGR
KSA Generative AI Market
The global KSA generative AI market is expected to gain market growth during the forecast period of 2025-2034. Polaris Market Research analyses the market to account for USD 4,798.43 million by 2034 and is expected to register a CAGR of 32.1% in the above-mentioned forecast period. The market was valued at USD 292.29 million in 2024.
Market Overview
Generative artificial intelligence (Generative AI) refers to a subset of artificial intelligence that focuses on creating new content, such as text, images, audio, video, and even code, by learning patterns and structures from existing data. Unlike traditional AI systems that primarily analyze or classify data, generative AI models are designed to produce original outputs that resemble human-created content. This is made possible through advanced machine learning techniques, particularly deep learning models like Generative Adversarial Networks (GANs) and transformer-based architectures such as Generative Pre-trained Transformer (GPT).
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Market Drivers
Accelerating Generative AI Adoption: Saudi Arabia is making notable advancements in adopting generative AI technologies, covering several sectors, pushed by its Vision 2030 enterprise. This tactical plan seeks to diversify the economy, decrease dependence on oil revenue, and advance invention and technology. Generative AI has the possibility to generate content, simulate scenarios, and improve decision-making, which aligns perfectly with the intent of encouraging economic diversity and technological progressions. Thus, the rising generative AI adoption is boosting the KSA generative AI market demand.
Increasing Digital Infrastructure: Saudi Arabia's growing digital infrastructure is a critical driver for market expansion. Growing internet reach and extensive smartphone adoption have generated a data-rich environment offering extensive data sets essential for instructing AI models. This abundance of data speeds up the advancement and implementation of generative AI solutions covering sectors such as healthcare, finance, and education.
Key Contenders
The market has the presence of both established players and new entrants. A few of the key companies are mentioned below:
• Adobe
• Amazon Web Services Inc.
• Deloitte
• Google LLC
• Hewlett Packard Enterprise
• Intel Corporation
• Meta Platforms, Inc.
• Microsoft
• Mozn
• NVIDIA Corporation
• Oracle Corporation
• Salesforce, Inc.
• Samsung
• SAP SE
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KSA GenAI Market Report Highlights
📚 The software segment, based on component, dominated the KSA GenAI market share in 2024, owing to government initiatives for rapid technology adoption, data availability, and AI adoption across sectors such as healthcare, finance, and content generation.
📚 The diffusion networks segment, by technology, is expected to grow rapidly during the forecast period, driven by advanced models used in drug discovery, virtual reality, and content creation for high-quality data generation.
Segment Categorization
The report includes segmentation of the KSA generative AI market based on component, technology, and end use.
Based on component, the software segment was responsible for maximum market share in 2024, owing to the Kingdom's adoption of emerging technologies like generative AI.
Based on technology, the diffusion networks segment is projected to register the fastest growth over the projection period owing to diffusion models generating superior data resembling the training input.
By Component Outlook (Revenue, USD Million, 2021-2034)
• Software
• Services
By Technology Outlook (Revenue, USD Million, 2021-2034)
• Generative Adversarial Networks
• Transformers
• Variational Auto-Encoders
• Diffusion Networks
By End Use Outlook (Revenue, USD Million, 2021-2034)
• Media & Entertainment
• BFSI
• IT & Telecommunication
• Healthcare
• Automotive & Transportation
• Government Services
• Tourism
• Real Estate and Construction
• Enterprise Productivity
• Industrial Engineering
• Education
• Others
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Regional Overview
North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
📊 TOC:
Chapter 1. KSA Generative AI Market Assessment by Component
1.1 Introduction
1.2 Software
1.3 Services
Chapter 2. KSA Generative AI Market Assessment by Technology
2.1 Introduction
2.2 Generative Adversarial Networks
2.3 Transformers
2.4 Variational Auto-Encoders
2.5 Diffusion Networks
Chapter 3. KSA Generative AI Market Assessment by End Use
3.1 Introduction
3.2 Media & Entertainment
3.3 BFSI
3.4 IT & Telecommunication
3.5 Healthcare
3.6 Automotive & Transportation
3.7 Government Services
3.8 Tourism
3.9 Real Estate and Construction
3.10 Enterprise Productivity
3.11 Industrial Engineering
3.12 Education
3.13 Others
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