Press Release

Saudi Arabia Artificial Intelligence (AI) Market is expected to be dominated by Manufacturing segment through 2028

Growing Innovation in Artificial Internet of Things (AIoT) to Boost Market Opportunities and Higher Adoption of Hyper-Personalized Service are expected to increase the demand for artificial intelligence market during the forecast period of 2024-2028.

According to TechSci Research report, “Saudi Arabia Artificial Intelligence (AI) Market - By Region, Competition, Forecast & Opportunities, 2028, Saudi Arabia Artificial Intelligence Market driven by the rapid adoption of digital and internet-based technologies has significantly assisted the recent growth of the worldwide artificial intelligence business. Technical development is constantly accelerating across a wide spectrum of enterprises due to enormous research and development investments made by the IT behemoths. Due to the rising popularity of multiple life-saving medical devices and the self-driving capabilities of new electric vehicles, the Saudi Arabia AI (Artificial Intelligence) industry is growing at a rapid rate.

In addition, artificial intelligence is being used for a wide range of applications and enhancing productivity in ways that have never been used before, including workflow management tools, trend projections, and even the way businesses purchase advertising. Additionally, it increases organizational efficiency while reducing the possibility of an error, and among other things, it instantly recognizes strange patterns, such as spam and scams, to warn firms about questionable behavior.

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AI is being used in Saudi Arabia's manufacturing, healthcare, financial, and other sectors as industry 4.0 takes hold.

Based on the Industry, the Saudi Arabia Artificial Intelligence Market is segmented into— IT & telecom, healthcare, retail & e-commerce, logistics and transportation, manufacturing, consumer electronics, BFSI, and others. Manufacturing segment is the highest contributor to the market, Manufacturing is the largest industry segment in the Saudi Arabia Artificial Intelligence Market, as planning and operations on the production floor use AI. The advent of intelligent manufacturing and digital factories will be heralded by the development of 4IR (Fourth Industrial Revolution) technologies. The International Federation of Robotics (IFR) estimates that there were 2.7 million industrial robots in operation worldwide in 2020, and this trend is expected to continue expanding as digitization initiatives significantly increase. Additionally, manufacturers will continue to invest in technologies like AI and machine learning to further cut production costs and accelerate time to market. In the wake of a global pandemic, manufacturers may be able to develop more resilient businesses with the use of technology like artificial intelligence that automates tasks, anticipates disruptions, and provides end-to-end control of all operations.

In terms of regional analysis, the Saudi Arabia Artificial Intelligence Market is segmented into eastern region, northern & central region, western region, and southern region. The northern & central region is dominant as most of the offices and population is present in Al Riyadh, the capital of Saudi Arabia which is present in Central region.

Key market players in the Saudi Arabia Artificial Intelligence Market include:

  • AWS Middle East
  • Google LLC
  • IBM Corporation
  • Microsoft Corporation
  • Nvidia Corporation
  • Alibaba Group Holding Ltd
  • Intel Corporation
  • Salesforce, Inc.
  • Oracle Corporation
  • Hewlett Packard Enterprise Development LP


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Need in the market under study is also boosted by the growing trend of multi-cloud functionality and the expanding demand for cloud-based intelligence services. The modern AI tools add new and increased value to cloud computing. This factor is crucial for incorporating new technologies in addition to improving overall process viability. AI software also helps to close the technological gap between modern breakthroughs and cloud computing. It helps to address the needs of startups and new businesses. Thus, the convergence of two technologies—AI hardware and AI software—is facilitated by the AI cloud. In an AI cloud hybrid system, cloud computing and artificial intelligence are merged which help to create a cloud environment like human brain.


“Artificial intelligence (AI) is a technology that is rapidly developing because of factors like rise in healthcare facilities following the COVID-19 outbreak, rising automation, the quick uptake of machine learning, etc. On the other hand, artificial intelligence is improving to better complete activities that were previously completed using conventional methods. Also, the optimization of data and information processing power in the future will depend more and more on AI scenario planning. AI advancements may lead to the development of original and clever scenario-related models that can handle external stimuli and many other market-driven aspects.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Saudi Arabia Artificial Intelligence (AI) Market Segmented By Component (Hardware, Software and Services), By Technology (Machine Learning, Natural Language Processing, Others), By Deployment (Cloud, On-premises), By Industry (IT & Telecom, Healthcare, Retail & E-Commerce, Logistics and Transportation, Manufacturing, Consumer Electronics, BFSI, Others), By Region, Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, has evaluated the future growth potential of Saudi Arabia Artificial Intelligence Market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the Saudi Arabia Artificial Intelligence Market.


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