Saudi Arabia AI Market Forecast 2020 – 2027 – Top Key Players Analysis

Saudi Arabia AI Market

Saudi Arabia AI Market by Offering (Hardware, Software, and Services), By Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, and Computer Vision), By Type (Narrow/Weak AI and General/Strong AI), and By End-User Industry – Opportunities & Forecast, 20202027

GMI Research

GMI Research See the Future Insights 1

The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape.

Drivers of the Saudi Arabia AI Market: The major factor boosting the growth of the Saudi Arabia AI market include the growing adoption of advanced technologies to improve their research & development activities by several industries such as retail, defense, healthcare, automotive, oil & gas, and manufacturing. AI offers accessibility to historical data to various sectors while enabling government agencies & healthcare institutions to construct unstructured data that is accessible to the research domain. AI allows researchers and scientists to develop technologies at a faster rate by offering access to rich datasets and advanced computing infrastructure.

There is an increasing demand for AI in different industries such as aerospace, healthcare, automotive, and manufacturing, owing to the progress in Artificial Neural Networks (ANN). Generative Adversarial Networks (GAN) and Single Shot Multibox Detector (SSD) have offered techniques for digital image processing. This has raised the adoption of digital image processing in areas such as security & surveillance, healthcare, and transportation. All these factors propel the growth of the AI market in Saudi Arabia. Furthermore, the Saudi Arabia government build the Saudi Data and Artificial Intelligence Authority (SDAIA) in 2019 to supervise AI strategies and initiatives with an aim to generate more revenue and energize Saudi Arabia’s economy. These initiatives are projected to accelerate the growth of the Saudi Arabia AI market.

Segmentation of the Saudi Arabia AI Market:

By Offering: 2

• Hardware o Processors ▪ MPU ▪ GPU ▪ FPGA ▪ Others o Memory o Network • Software o AL Platforms ▪ Application Program Interface (API) ▪ Machine Learning Framework o AL Solutions ▪ On Premises ▪ Cloud • Services o Deployment & Integration o Support & maintenance

By Technology: • Machine Learning o Deep Learning o Supervised Learning o Unsupervised Learning o Reinforcement Learning o Generative Adversarial Networks (GANS) o Others • Natural Language Processing (NLP) • Context-Aware Computing • Computer Vision

By Type: • Narrow/Week AI • General/Strong AI

By End-User Industry: 3

• Healthcare o Patient Data & Risk Analysis o Lifestyle Management & Monitoring o Precision Medicine o Inpatient Care & Hospital Management o Medical Imaging & Diagnostics o Drug Discovery o Virtual Assistant o Wearables o Research • Manufacturing o Material Movement o Predictive Maintenance and Machinery Inspection o Production Planning o Field Services o Reclamation o Quality Control • Automotive o Autonomous Driving o Hmi o Semiautonomous Driving • Agriculture o Precision Farming o Livestock Monitoring o Drone Analytics o Agricultural Robots o Others • Retail o Product Recommendation and Planning o Customer Relationship Management o Visual Search o Virtual Assistant o Price Optimization 4

•

•

•

•

o Payment Services Management o Supply Chain Management and Demand Planning o Others Security o Identity and Access Management o Risk and Compliance Management o Encryption o Data Loss Prevention o Unified Threat Management o Antivirus/Antimalware o Intrusion Detection/Prevention Systems o Others Human Resources o Virtual Assistant o Applicant Tracking & Assessment o Personalized Learning and Development o HR Analytics o Job Recommendation o Sentiment Analysis Marketing o Social Media Advertising o Search Advertising o Dynamic Pricing o Virtual Assistant o Content Curation o Sales & Marketing Automation o Analytics Platform o Others Law o Ediscovery o Legal Research o Contract Analysis o Case Prediction 5

•

•

•

•

•

o Compliance o Others Fintech o Virtual Assistant o Business Analytics & Reporting o Customer Behaviour Analytics o Others Construction o Project Management o Field Management o Risk Management o Schedule Management Defense o Warfare Platform o Cyber Security o Target Recognition o Battlefield Healthcare o Simulation & Training o Planning & Allocation o Threat Monitoring & Situational Awareness o Information Processing o Others Aerospace o Smart Maintenance o Flight Operations o Training o Surveillance o Virtual Assistants o Dynamic Pricing o Manufacturing o Others Supply chain o Fleet Management 6

• • • • • •

•

o Supply Chain Planning o Warehouse Management o Virtual Assistant o Risk Management o Freight Brokerage o Others Building Automation Consumer Food & Beverage Gaming Media and Entertainment Telecommunication o Predictive Maintenance & Machine Inspection o Customer Analytics o Network Security o Network Optimization o Self-Diagnostics o Virtual Assistance o Others Oil & Gas o Predictive Maintenance & Machine Inspection o Material Movement o Production Planning o Field Services o Quality Control o Reclamation

About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all.

7

We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times.

Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address: Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/

8