GCC Artificial intelligence Market - Industry Trends and Forecast to 2029
- Published Date: 2022-12-22
- Report ID: 143079
- Pages: 225
-
Format:
Short Description
GCC Artificial Intelligence Market, By Component (Hardware, Software, Services), Type (General/Strong AI, Narrow/Weak AI), Organization Size (Large Enterprises, Small and Medium-Sized Enterprises), Technology (Machine Learning, Deep Learning, Computer Vision, Natural Language Processing (NLP), Speech Recognition, Image Processing, Context-Aware Computing), Application (Virtual Assistants/Chatbots, Forecasts and Modeling, Text Analytics, Speech Analytics, Predictive Maintenance, and Others), End User (Manufacturing, Retail, Healthcare, Security, Automotive, Aerospace, Marketing, Construction, Telecommunication, Defense, Oil and Gas, Banking and Finance, Law, Building Automation, Media and Entertainment, Human Resources, Supply Chain, Food and Beverage, Gaming, Agriculture, Consumer Products, Education, Entertainment, Others), Country (Saudi Arabia, U.A.E, Kuwait, Oman, Qatar, Bahrain) Industry Trends and Forecast to 2029
Market Definition
Artificial intelligence is a field that combines computer science and robust datasets to enable problem-solving. It also encompasses sub-fields of machine learning and deep learning, which are frequently mentioned in conjunction with artificial intelligence. These disciplines are comprised of AI algorithms that seek to create expert systems that make predictions or classifications based on input data.
Artificial Intelligence can be categorized into weak and strong AI. Weak AI, also called Narrow AI or Artificial Narrow Intelligence (ANI), is AI trained and focused on performing specific tasks. Weak AI drives most of the AI that surrounds us today. 'Narrow' might be a more accurate descriptor for this type of AI as it is anything but weak; it enables some very robust applications, such as Apple's Siri, Amazon's Alexa, IBM Watson, and autonomous vehicles. Strong AI is made up of Artificial General Intelligence (AGI) and Artificial Super Intelligence (ASI). Artificial general intelligence (AGI), or general AI, is a theoretical form of AI where a machine would have an intelligence equivalent to humans; it would have a self-aware consciousness that can solve problems, learn, and plan for the future.
Market Segmentation
The GCC artificial intelligence market is segmented into component, type, organization size, technology, application, and end user.
On the basis of component, the GCC artificial intelligence market is segmented into hardware, software, services
On the basis of type, the GCC artificial intelligence market is segmented into general/strong AI, narrow/weak AI
On the basis of organization size, the GCC artificial intelligence market is segmented into large enterprises, small and medium-sized enterprises
On the basis of technology, the GCC artificial intelligence market is segmented into machine learning, deep learning, computer vision, natural language processing (NLP), speech recognition, image processing, context-aware computing
On the basis of application, the GCC artificial intelligence market is segmented into virtual assistants/chatbots, forecasts and modeling, text analytics, speech analytics, predictive maintenance, others
On the basis of end user, the GCC artificial intelligence market is segmented into manufacturing, retail, healthcare, security, automotive, aerospace, marketing, construction, telecommunication, defense, oil and gas, banking and finance, law, building automation, media and entertainment, human resources, supply chain, food and beverage, gaming, agriculture, consumer products, education, entertainment, others
Market Players
Some of the major players operating in the GCC artificial intelligence market are:
NVIDIA Corporation
Intel Corporation
IBM Corporation
Cisco Systems, Inc.
Amazon Web Services, Inc. (Subsidiary of Amazon.com, Inc.)
Google (a subsidiary of Alphabet Inc.)
QlikTech International AB
MICROSTRATEGY INCORPORATED
Twerlo
CBOT
WideBot, Inc
DilenyTech
Siemens
SAMSUNG ELECTRONICS CO., LTD.
Meta
Oracle
SAP SE
Salesforce, Inc.
SAS Institute Inc.
Baidu, Inc.
Hyperlink InfoSystem
CSP Solution
DECE Software Inc.
Rockwell Automation, Inc.
Yesil Science Teknoloji Ltd. Sti.
Microsoft
Huawei Technologies Co., Ltd.
TABLE OF CONTENTS
1 INTRODUCTION 28
1.1 OBJECTIVES OF THE STUDY 28
1.2 MARKET DEFINITION 28
1.3 OVERVIEW OF GCC ARTIFICIAL INTELLIGENCE MARKET 28
1.4 CURRENCY AND PRICING 30
1.5 LIMITATIONS 31
1.6 MARKETS COVERED 31
2 MARKET SEGMENTATION 36
2.1 MARKETS COVERED 36
2.2 YEARS CONSIDERED FOR THE STUDY 37
2.3 GEOGRAPHIC SCOPE 37
2.4 DBMR TRIPOD DATA VALIDATION MODEL 38
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 41
2.6 DBMR MARKET POSITION GRID 42
2.7 VENDOR SHARE ANALYSIS 44
2.8 MARKET END-USER COVERAGE GRID 45
2.9 MULTIVARIATE MODELLING 46
2.10 COMPONENTS CURVE 47
2.11 SECONDARY SOURCES 48
2.12 ASSUMPTIONS 48
3 EXECUTIVE SUMMARY 49
4 PREMIUM INSIGHTS 52
4.1 PORTER'S FIVE FORCES MODEL 53
4.2 REGULATORY STANDARD 54
4.3 PESTEL ANALYSIS 54
4.3.1 POLITICAL FACTORS: 54
4.3.2 ECONOMIC FACTORS: 55
4.3.3 SOCIAL FACTORS: 55
4.3.4 TECHNOLOGICAL FACTORS: 55
4.3.5 ENVIRONMENTAL FACTORS: 55
4.3.6 LEGAL FACTORS: 56
4.4 CASE STUDY 56
4.4.1 AI/ML ENGINE THAT PREDICTS SPOT-MARKET BROKING RELATED MARKET PRICE FOR TRANSPORTATION AND LOGISTICS LEADER 56
4.4.2 INTELLIGENT GASOLINE DEMAND ANALYTICS: A CASE STUDY OF SAUDI ARABIA 56
4.4.3 RELIABILITY AND SECURITY ANALYSIS OF ARTIFICIAL INTELLIGENCE-BASED SELF-DRIVING TECHNOLOGIES IN SAUDI ARABIA: A CASE STUDY OF OPENPILOT 56
4.5 INVESTMENT POLICY 56
5 SUMMARY WRITE-UP (GCC) 58
5.1 OVERVIEW 58
6 MARKET OVERVIEW 59
6.1 DRIVERS 61
6.1.1 GROWING INVESTMENTS IN ARTIFICIAL INTELLIGENCE SYSTEMS 61
6.1.2 MAJORITY OF APPLICATIONS OF ARTIFICIAL INTELLIGENCE ACROSS DIFFERENT SECTORS SUCH AS HEALTHCARE, BFSI, ECOMMERCE, AND RETAIL 61
6.1.3 RISE IN DEMAND FOR INTELLIGENT SYSTEMS 62
6.1.4 RISING ADOPTION OF CLOUD TECHNOLOGY 63
6.1.5 INCREASING DIGITIZATION AND AUTOMATION OF BUSINESS PROCESSES 64
6.2 RESTRAINTS 64
6.2.1 HIGH IMPLEMENTATION COST OF ARTIFICIAL INTELLIGENCE (AI) SOLUTIONS 64
6.2.2 LACK OF TECHNICAL EXPERTISE 65
6.3 OPPORTUNITIES 65
6.3.1 INCREASING INDUSTRY 4.0 TRENDS 65
6.3.2 GROWING USAGE OF THE INTERNET OF THINGS (IOT) 66
6.3.3 HEAVY INVESTMENTS BY THE TECH GIANTS IN THE RESEARCH AND DEVELOPMENT 66
6.3.4 INCREASING GROWTH IN EXPANSION AND STRATEGIC DECISIONS MADE BY MARKET PLAYERS 67
6.4 CHALLENGES 68
6.4.1 DATA SECURITY AND PRIVACY CONCERNS 68
6.4.2 STRINGENT DATA REGULATION IMPOSED BY GOVERNMENT 68
7 GCC ARTIFICIAL INTELLIGENCE MARKET, BY COMPONENT 69
7.1 OVERVIEW 70
7.2 HARDWARE 71
7.2.1 PROCESSOR 72
7.3 SOFTWARE 73
7.3.1 PLATFORM 73
7.4 SERVICES 74
7.4.1 PROFESSIONAL SERVICES 75
8 GCC ARTIFICIAL INTELLIGENCE MARKET, BY TYPE 76
8.1 OVERVIEW 77
8.2 GENERAL/STRONG AI 79
8.3 NARROW/WEEK AI 79
9 GCC ARTIFICIAL INTELLIGENCE MARKET, BY ORGANIZATION SIZE 81
9.1 OVERVIEW 82
9.2 LARGE ENTERPRISES 83
9.3 SMALL AND MEDIUM ENTERPRISES 84
10 GCC ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY 85
10.1 OVERVIEW 86
10.2 MACHINE LEARNING 87
10.3 DEEP LEARNING 88
10.4 COMPUTER VISION 89
10.5 NATURAL LANGUAGE PROCESSING (NLP) 89
10.6 SPEECH RECOGNITION 90
10.7 IMAGE PROCESSING 90
10.8 CONTEXT-AWARE COMPUTING 91
11 GCC ARTIFICIAL INTELLIGENCE MARKET, BY APPLICATION 92
11.1 OVERVIEW 93
11.2 VIRTUAL ASSISTANTS/CHABOT'S 94
11.3 FORECASTS AND MODELLING 95
11.4 TEXT ANALYTICS 95
11.5 SPEECH ANALYTICS 96
11.6 PREDICTIVE MAINTENANCE 96
11.7 OTHERS 97
12 GCC ARTIFICIAL INTELLIGENCE MARKET, BY END USER 98
12.1 OVERVIEW 99
12.2 MANUFACTURING 102
12.3 RETAIL 103
12.4 HEALTHCARE 104
12.5 SECURITY 105
12.6 AUTOMOTIVE 106
12.7 AEROSPACE 107
12.8 MARKETING 108
12.9 CONSTRUCTION 109
12.10 TELECOMMUNICATION 110
12.11 DEFENSE 110
12.12 OIL AND GAS 111
12.13 BANKING AND FINANCE 112
12.14 LAW 113
12.15 BUILDING AUTOMATION 114
12.16 MEDIA AND ENTERTAINMENT 114
12.17 HUMAN RESOURCE 115
12.18 SUPPLY CHAIN 115
12.19 FOOD AND BEVERAGE 116
12.20 GAMING 117
12.21 AGRICULTURE 117
12.22 CONSUMER PRODUCTS 118
12.23 EDUCATION 119
12.24 ENTERTAINMENT 119
12.25 OTHERS 120
13 GCC ARTIFICIAL INTELLIGENCE MARKET, BY COUNTRY 121
13.1 SAUDI ARABIA 126
13.2 U.A.E. 138
13.3 KUWAIT 149
13.4 OMAN 160
13.5 QATAR 171
13.6 BAHRAIN 182
14 GCC ARTIFICIAL INTELLIGENCE MARKET, COMPANY LANDSCAPE 193
14.1 COMPANY SHARE ANALYSIS: GCC 193
15 SWOT ANALYSIS 194
16 COMPANY PROFILE 195
16.1 META 195
16.1.1 COMPANY SNAPSHOT 195
16.1.2 REVENUE ANALYSIS 195
16.1.3 PRODUCT PORTFOLIO 196
16.1.4 RECENT DEVELOPMENTS 196
16.2 AMAZON WEB SERVICES, INC 197
16.2.1 COMPANY SNAPSHOT 197
16.2.2 REVENUE ANALYSIS 197
16.2.3 PRODUCT PORTFOLIO 198
16.2.4 RECENT DEVELOPMENTS 198
16.3 MICROSOFT 199
16.3.1 COMPANY SNAPSHOT 199
16.3.2 REVENUE ANALYSIS 199
16.3.3 PRODUCT PORTFOLIO 200
16.3.4 RECENT DEVELOPMENTS 200
16.4 SAMSUNG ELECTRONICS CO., LTD. 202
16.4.1 COMPANY SNAPSHOT 202
16.4.2 REVENUE ANALYSIS 202
16.4.3 PRODUCT PORTFOLIO 203
16.4.4 RECENT DEVELOPMENTS 203
16.5 IBM CORPORATION 205
16.5.1 COMPANY SNAPSHOT 205
16.5.2 REVENUE ANALYSIS 205
16.5.3 PRODUCTS PORTFOLIO 206
16.5.4 RECENT DEVELOPMENTS 206
16.6 GOOGLE (A SUBSIDIARY OF ALPHABET INC.) 207
16.6.1 COMPANY SNAPSHOT 207
16.6.2 PRODUCT PORTFOLIO 207
16.6.3 RECENT DEVELOPMENT 207
16.7 BAIDU, INC. 208
16.7.1 COMPANY SNAPSHOT 208
16.7.2 REVENUE ANALYSIS 208
16.7.3 PRODUCT PORTFOLIO 209
16.7.4 RECENT DEVELOPMENT 209
16.8 CBOT 210
16.8.1 COMPANY SNAPSHOT 210
16.8.2 PRODUCT PORTFOLIO 210
16.8.3 RECENT DEVELOPMENTS 210
16.9 CISCO SYSTEMS, INC. 211
16.9.1 COMPANY SNAPSHOT 211
16.9.2 REVENUE ANALYSIS 211
16.9.3 SOLUTION PORTFOLIO 212
16.9.4 RECENT DEVELOPMENTS 212
16.10 CSP SOLUTION 213
16.10.1 COMPANY SNAPSHOT 213
16.10.2 PRODUCTS PORTFOLIO 213
16.10.3 RECENT DEVELOPMENTS 213
16.11 DECE SOFTWARE INC. 214
16.11.1 COMPANY SNAPSHOT 214
16.11.2 SOLUTION PORTFOLIO 214
16.11.3 RECENT DEVELOPMENTS 214
16.12 DILENYTECH 215
16.12.1 COMPANY SNAPSHOT 215
16.12.2 PRODUCT PORTFOLIO 215
16.12.3 RECENT DEVELOPMENTS 215
16.13 HUAWEI TECHNOLOGIES CO., LTD. 216
16.13.1 COMPANY SNAPSHOT 216
16.13.2 PRODUCT PORTFOLIO 216
16.13.3 RECENT DEVELOPMENTS 216
16.14 HYPERLINK INFOSYSTEM 218
16.14.1 COMPANY SNAPSHOT 218
16.14.2 SERVICE PORTFOLIO 218
16.14.3 RECENT DEVELOPMENTS 218
16.15 INTEL CORPORATION 220
16.15.1 COMPANY SNAPSHOT 220
16.15.2 REVENUE ANALYSIS 220
16.15.3 SOLUTION PORTFOLIO 221
16.15.4 RECENT DEVELOPMENTS 221
16.16 MICROSTRATEGY INCORPORATED 222
16.16.1 COMPANY SNAPSHOT 222
16.16.2 REVENUE ANALYSIS 222
16.16.3 PRODUCT PORTFOLIO 223
16.16.4 RECENT DEVELOPMENTS 223
16.17 NUANCE COMMUNICATIONS, INC. 224
16.17.1 COMPANY SNAPSHOT 224
16.17.2 REVENUE ANALYSIS 224
16.17.3 PRODUCT PORTFOLIO 225
16.17.4 RECENT DEVELOPMENTS 225
16.18 NVIDIA CORPORATION 226
16.18.1 COMPANY SNAPSHOT 226
16.18.2 REVENUE ANALYSIS 226
16.18.3 SOLUTION PORTFOLIO 227
16.18.4 RECENT DEVELOPMENTS 227
16.19 ORACLE 228
16.19.1 COMPANY SNAPSHOT 228
16.19.2 REVENUE ANALYSIS 229
16.19.3 SERVICE PORTFOLIO 229
16.19.4 RECENT DEVELOPMENT 230
16.20 QLIKTECH INTERNATIONAL AB 231
16.20.1 COMPANY SNAPSHOT 231
16.20.2 PRODUCT PORTFOLIO 231
16.20.3 RECENT DEVELOPMENTS 231
16.21 ROCKWELL AUTOMATION, INC. 233
16.21.1 COMPANY SNAPSHOT 233
16.21.2 REVENUE ANALYSIS 233
16.21.3 PRODUCT PORTFOLIO 234
16.21.4 RECENT DEVELOPMENT 234
16.22 SALESFORCE, INC. 235
16.22.1 COMPANY SNAPSHOT 235
16.22.2 REVENUE ANALYSIS 235
16.22.3 PRODUCT PORTFOLIO 236
16.22.4 RECENT DEVELOPMENT 236
16.23 SAP SE 237
16.23.1 COMPANY SNAPSHOT 237
16.23.2 REVENUE ANALYSIS 237
16.23.3 PRODUCT PORTFOLIO 238
16.23.4 RECENT DEVELOPMENTS 238
16.24 SAS INSTITUTE INC. 239
16.24.1 COMPANY SNAPSHOT 239
16.24.2 SOLUTION PORTFOLIO 239
16.24.3 RECENT DEVELOPMENT 240
16.25 SIEMENS 241
16.25.1 COMPANY SNAPSHOT 241
16.25.2 REVENUE ANALYSIS 241
16.25.3 PRODUCT PORTFOLIO 242
16.25.4 RECENT DEVELOPMENTS 242
16.26 TWERLO 243
16.26.1 COMPANY SNAPSHOT 243
16.26.2 PRODUCT PORTFOLIO 243
16.26.3 RECENT DEVELOPMENTS 243
16.27 WIDEBOT, INC 244
16.27.1 COMPANY SNAPSHOT 244
16.27 PRODUCT PORTFOLIO 244
16.27.3 REDEVELOPMENTS 244
16.28 YESIL SCIENCE TEKNOLOJI LTD. STI. 245
16.28.1 COMPANY SNAPSHOT 245
16.28.2 PRODUCT PORTFOLIO 245
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