Middle East Artificial Intelligence (AI) Market (2022-2029): Market Forecast By Offering (Hardware, Software, Services), By Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, Image Processing), By End User (Media & Advertising, BFSI, IT & Telecom, Retail, Healthcare, Automotive & transportation and Others)
According to Phoenix Research, the Middle East Artificial Intelligence (AI) market size is anticipated to register growth during 2022-2029. Rising industrialization as well as shifting preference towards artificial intelligence-enhanced services in industries such as manufacturing, security, human resource, automotive and others would be major factors responsible for the growth of artificial intelligence over the coming years. However, a lack of proper infrastructure and skilled labor would hamper market growth.
In the overall Middle East Artificial Intelligence market share, Saudi Arabia and UAE have acquired the majority of the revenue shares in 2021 and are expected to lead throughout the forecast period. Further, increasing government spending on research and development of AI-based technological advancements would fuel market growth over the coming years.
Based on offerings, the market can be broadly classified into hardware, software, and services. The software segment captured a major revenue share in 2021 and is expected to continue to lead over the coming years due to growing big data as well as a rise in demand for virtual assistants across several verticals in the industry.
Source: Pheonix Research
The Middle East Artificial Intelligence (AI) Market report thoroughly covers the market by offerings, technology, end users, and regions. The Middle East Artificial Intelligence market outlook report provides an unbiased and detailed analysis of the ongoing Middle East Artificial Intelligence market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The Middle East Artificial Intelligence Market report provides a detailed analysis of the following market segments:
• By Offerings:
o Hardware
o Software
o Services
• By Technology:
o Machine Learning
o Natural Language Processing
o Context-Aware Computing
o Image Processing
• By End User:
o Media & Advertising
o BSFI
o IT & Telecom Sector
o Retail
o Healthcare
o Automotive & Transportation
• Others
Regions Covered:
- Historical Data of UAE Artificial Intelligence Market Revenues and Volume, for the Period 2020-2027
- Market Size & Forecast of UAE Artificial Intelligence Market Revenues and Volume, Until 2029
- Historical Data of Saudi Arabia Artificial Intelligence Market Revenues and Volume, for the Period 2020-2027
- Market Size & Forecast of Saudi Arabia Region Artificial Intelligence Market Revenues and Volume, Until 2029
- Historical Data of Jordon Artificial Intelligence Market Revenues and Volume, for the Period 2020-2027
- Market Size & Forecast of Jordon Artificial Intelligence Market Revenues and Volume, Until 2029
- Historical Data of the Rest of the Middle East Artificial Intelligence Market Revenues and Volume, for the Period 2020-2027
- Market Size & Forecast of Rest of Middle East Artificial Intelligence Market Revenues and Volume, Until 2029
1 Executive Summary
2 Introduction
2.1 Report Description
2.2 Key Highlights of The Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Middle East Artificial Intelligence Market Overview
3.1 Middle East Artificial Intelligence Market Revenues & Volume, 2015-2025F
3.2 Middle East Artificial Intelligence Market Revenue Share, By Offering, 2018 & 2025F
3.3 Middle East Artificial Intelligence Market Revenue Share, By Technology, 2018 & 2025F
3.4 Middle East Artificial Intelligence Market Revenue Share, By End User, 2018 & 2025F
3.5 Middle East Artificial Intelligence Market Revenue Share, By Regions, 2018 & 2025F
3.6 Middle East Artificial Intelligence Market Industry Life Cycle
3.7 Middle East Artificial Intelligence Market- Porter’s Five Forces, 2018
4 Middle East Artificial Intelligence Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Middle East Artificial Intelligence Market Trends
6 Middle East Artificial Intelligence Market Overview, By Offering
6.1 Middle East Artificial Intelligence Market Revenues & Volume, By Hardware, 2015-2025F
6.2 Middle East Artificial Intelligence Market Revenues & Volume, By Software, 2015-2025F
6.3 Middle East Artificial Intelligence Market Revenues & Volume, By Services, 2015-2025F
7 Middle East Artificial Intelligence Market Overview, By Technology
7.1 Middle East Artificial Intelligence Market Revenues & Volume, By Machine Learning, 2015-2025F
7.2 Middle East Artificial Intelligence Market Revenues & Volume, By Natural Language Processing, 2015- 2025F
7.3 Middle East Artificial Intelligence Market Revenues & Volume, By Context-Aware Computing, 2015- 2025F
7.4 Middle East Artificial Intelligence Market Revenues & Volume, By Image Processing, 2015-2025F
8 Middle East Artificial Intelligence Market Overview, By End User
8.1 Middle East Artificial Intelligence Market Revenues & Volume, By Media & Advertising, 2015-2025F
8.2 Middle East Artificial Intelligence Market Revenues & Volume, By BSFI, 2015-2025F
8.3 Middle East Artificial Intelligence Market Revenues & Volume, By IT and Telecom, 2015-2025F
8.4 Middle East Artificial Intelligence Market Revenues & Volume, By Retail, 2015-2025F
8.5 Middle East Artificial Intelligence Market Revenues & Volume, By Healthcare, 2015-2025F
8.6 Middle East Artificial Intelligence Market Revenues & Volume, By Automotive & Transportation, 2015-2025F
8.7 Middle East Artificial Intelligence Market Revenues & Volume, By Others, 2015-2025F
9 UAE Artificial Intelligence Market Overview
9.1 UAE Artificial Intelligence Market Revenues & Volume, 2015-2025F
9.2 UAE Artificial Intelligence Market Revenues and Volume, By Offering, 2015-2025F
9.3 UAE Artificial Intelligence Market Revenues and Volume, By Technology, 2015-2025F
9.4 UAE Artificial Intelligence Market Revenues and Volume, By End User, 2015-2025F
10 Saudi Arabia Artificial Intelligence Market Overview
10.1 Saudi Arabia Artificial Intelligence Market Revenues & Volume, 2015-2025F
10.2 Saudi Arabia Artificial Intelligence Market Revenues and Volume, By Offering, 2015-2025F
10.3 Saudi Arabia Artificial Intelligence Market Revenues and Volume, By Technology, 2015-2025F
10.4 Saudi Arabia Artificial Intelligence Market Revenues and Volume, By End User, 2015-2025F
11 Jordon Artificial Intelligence Market Overview
11.1 Jordon Artificial Intelligence Market Revenues & Volume, 2015-2025F
11.2 Jordon Artificial Intelligence Market Revenues and Volume, By Offering, 2015-2025F
11.3 Jordon Artificial Intelligence Market Revenues and Volume, By Technology, 2015-2025F
11.4 Jordon Artificial Intelligence Market Revenues and Volume, By End User, 2015-2025F
12 Rest of Middle East Region Artificial Intelligence Market Overview
12.1 Rest of Middle East Region Artificial Intelligence Market Revenues & Volume, 2015-2025F
13 Middle East Artificial Intelligence Market Overview
13.1 Middle East Artificial Intelligence Market Revenues & Volume, 2015-2025F
13.2 Middle East Artificial Intelligence Market Revenues and Volume, By Offering, 2015-2025F
13.3 Middle East Artificial Intelligence Market Revenues and Volume, By Technology, 2015-2025F
13.4 Middle East Artificial Intelligence Market Revenues and Volume, By End User, 2015-2025F
14 Middle East Artificial Intelligence Market Opportunity Assessment
14.1 Middle East Artificial Intelligence Market Opportunity Assessment, By Offering, 2025F
14.2 Middle East Artificial Intelligence Market Opportunity Assessment, By Technology, 2025F
14.3 Middle East Artificial Intelligence Market Opportunity Assessment, By End User, 2025F
5 Middle East Artificial Intelligence Market Competitive Landscape
15.1 Middle East Artificial Intelligence Market Revenue Share, By Companies, 2018
15.2 UAE Artificial Intelligence Market Revenue Share, By Companies, 2018
15.3 Saudi Arabia Artificial Intelligence Market Revenue Share, By Companies, 2018
15.4 Jordon Artificial Intelligence Market Revenue Share, By Companies, 2018
15.7 Middle East Artificial Intelligence Market Competitive Benchmarking, By Operating Parameters
16 Company Profiles
17 Strategic Recommendations
18 Disclaimer