• Phone: +1-631-791-1145
  • Email: sales@imarcgroup.com

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

GCC Artificial Intelligence Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The GCC artificial intelligence market grew at a CAGR of around 24% during 2015-2020. Artificial intelligence (AI) refers to a branch of computer science designed to replicate human intelligence for performing numerous operations in real-time. It is widely adopted for diverse applications, such as visual perception, voice and handwriting recognition, decision-making, language translation, etc. Artificial intelligence offers several benefits, including improved accuracy, better adaptability, enhanced productivity, higher time-efficiency, etc. As a result, it finds extensive usage across several end-use industries, such as trade, defense, automobile, transportation, healthcare, banking, construction, etc.

In the GCC region, the rising internet connectivity along with the increasing penetration of IoT-based smart devices is primarily driving the demand for artificial intelligence. Furthermore, the growing digitization across diverse industry verticals, such as telecommunication, retail, construction, BFSI, etc., is also augmenting the utilization of artificial intelligence for analyzing large data volumes. Additionally, the rising integration of image recognition technology with optical character identification is further propelling the demand for artificial intelligence in drones, self-driving cars, and robots. Moreover, several organizations in the region are getting inclined towards cloud-computing tools incorporated with AI to process accurate real-time data and improve the overall productivity. Apart from this, the emergence of e-commerce platforms in the GCC region has led to the increasing deployment of AI-based algorithms for extracting specific insights to provide better customer engagement. Additionally, the growing development of smart infrastructures coupled with the rising preferences towards AI-based virtual assistants is also bolstering the market growth across the GCC countries. Moreover, various government organizations are heavily investing in the expansion of 5G networking, which will further continue to drive the GCC market for artificial intelligence over the forecasted period. Looking forward, IMARC Group expects the GCC artificial intelligence market to continue its robust growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the GCC artificial intelligence market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, solutions, system, technology and end use industry.

Breakup by Type:

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

Breakup by Solutions:

  • Hardware
  • Software
  • Service
     

Breakup by System:

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

Breakup by Technology:

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

Breakup 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
     

Breakup by Country:

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

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Accubits Technologies, Amazon Web Services, Inc.(Amazon.com Inc.), Cogtalk, Facebook Inc, Fusion Informatics Limited, Google LLC (Alphabet Inc.), Intel Corporation, Microsoft Corporation, Nvidia Corporation, Oracle Corporation, Qualcomm Incorporated, Samsung Electronics Co. Ltd, SAP Middle East & North Africa LLC(SAP SE) and Siemens Middle East Limited (Siemens Ag).

Key Questions Answered in This Report:

  • How has the GCC artificial intelligence market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on GCC artificial intelligence market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the solutions?
  • What is the breakup of the market based on the system?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the GCC artificial intelligence market and who are the key players?
  • What is the degree of competition in the industry?

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$), 2015 & 2020
Figure 3: GCC: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: GCC: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 5: GCC: Artificial Intelligence Market: Breakup by Solutions (in %), 2020
Figure 6: GCC: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 7: GCC: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 8: GCC: Artificial Intelligence Market: Breakup by End Use Industry (in %), 2020
Figure 9: GCC: Artificial Intelligence Market: Breakup by Country (in %), 2020
Figure 10: GCC: Artificial Intelligence (Narrow/Weak Artificial Intelligence) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: GCC: Artificial Intelligence (Narrow/Weak Artificial Intelligence) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: GCC: Artificial Intelligence (General/Strong Artificial Intelligence) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: GCC: Artificial Intelligence (General/Strong Artificial Intelligence) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: GCC: Artificial Intelligence (Hardware) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: GCC: Artificial Intelligence (Hardware) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: GCC: Artificial Intelligence (Software) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: GCC: Artificial Intelligence (Software) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: GCC: Artificial Intelligence (Service) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: GCC: Artificial Intelligence (Service) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: GCC: Artificial Intelligence (Intelligence Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: GCC: Artificial Intelligence (Intelligence Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: GCC: Artificial Intelligence (Decision Support Processing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: GCC: Artificial Intelligence (Decision Support Processing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: GCC: Artificial Intelligence (Hybrid Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: GCC: Artificial Intelligence (Hybrid Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: GCC: Artificial Intelligence (Fuzzy Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: GCC: Artificial Intelligence (Fuzzy Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: GCC: Artificial Intelligence (Natural Language Processing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: GCC: Artificial Intelligence (Natural Language Processing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: GCC: Artificial Intelligence (Machine learning) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: GCC: Artificial Intelligence (Machine learning) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: GCC: Artificial Intelligence (Computer Vision) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: GCC: Artificial Intelligence (Computer Vision) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: GCC: Artificial Intelligence (Context-Aware Computing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: GCC: Artificial Intelligence (Context-Aware Computing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: GCC: Artificial Intelligence (Other Technologies) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: GCC: Artificial Intelligence (Other Technologies) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: GCC: Artificial Intelligence (Banking, Financial Services and Insurance-BFSI) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: GCC: Artificial Intelligence (Banking, Financial Services and Insurance-BFSI) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: GCC: Artificial Intelligence (Technology and Telecommunication) Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: GCC: Artificial Intelligence (Technology and Telecommunication) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: GCC: Artificial Intelligence (Transportation and Logistics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: GCC: Artificial Intelligence (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: GCC: Artificial Intelligence (Energy, Mining and Utilities) Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: GCC: Artificial Intelligence (Energy, Mining and Utilities) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: GCC: Artificial Intelligence (Retail and Wholesale Trade) Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: GCC: Artificial Intelligence (Retail and Wholesale Trade) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: GCC: Artificial Intelligence (Construction and Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: GCC: Artificial Intelligence (Construction and Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: GCC: Artificial Intelligence (Education and Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: GCC: Artificial Intelligence (Education and Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: GCC: Artificial Intelligence (Other End Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: GCC: Artificial Intelligence (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: United Arab Emirates: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: United Arab Emirates: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 56: United Arab Emirates: Artificial Intelligence Market: Breakup by Solutions (in %), 2020
Figure 57: United Arab Emirates: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 58: United Arab Emirates: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 59: United Arab Emirates: Artificial Intelligence Market: Breakup by End Use Industry (in %), 2020
Figure 60: United Arab Emirates: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Saudi Arabia: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Saudi Arabia: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 63: Saudi Arabia: Artificial Intelligence Market: Breakup by Solutions (in %), 2020
Figure 64: Saudi Arabia: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 65: Saudi Arabia: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 66: Saudi Arabia: Artificial Intelligence Market: Breakup by End Use Industry (in %), 2020
Figure 67: Saudi Arabia: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Oman: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Oman: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 70: Oman: Artificial Intelligence Market: Breakup by Solutions (in %), 2020
Figure 71: Oman: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 72: Oman: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 73: Oman: Artificial Intelligence Market: Breakup by End Use Industry (in %), 2020
Figure 74: Oman: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Qatar: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Qatar: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 77: Qatar: Artificial Intelligence Market: Breakup by Solutions (in %), 2020
Figure 78: Qatar: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 79: Qatar: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 80: Qatar: Artificial Intelligence Market: Breakup by End Use Industry (in %), 2020
Figure 81: Qatar: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Kuwait: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Kuwait: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Bahrain: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Bahrain: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
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, 2020 and 2026
Table 2: GCC: Artificial Intelligence Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: GCC: Artificial Intelligence Market Forecast: Breakup by Solutions (in Million US$), 2021-2026
Table 4: GCC: Artificial Intelligence Market Forecast: Breakup by System (in Million US$), 2021-2026
Table 5: GCC: Artificial Intelligence Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 6: GCC: Artificial Intelligence Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 7: GCC: Artificial Intelligence Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 8: GCC: Artificial Intelligence Market: Competitive Structure
Table 9: GCC: Artificial Intelligence Market: Key Players

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