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The Saudi Arabia Big Data and Artificial Intelligence Market Report is Segmented by Solutions (Hardware, Software, Service), Organization Size (SMEs, Large Enterprises), and End User (IT and Telecom, Retail, Public and Government Institutions, BFSI, Healthcare, Energy, Construction and Manufacturing, and Other End Users). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
In 2030, the retail sector was expected to gain the most by the contribution of artificial intelligence to the Middle East and North Africa (MENA) region's gross domestic product (GDP) by about 19 percent. Saudi Arabia was projected to lead the region in AI development and adoption.
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Saudi Arabia risk analytics market size reached USD 356.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 950.4 Million by 2033, exhibiting a growth rate (CAGR) of 10.81% during 2025-2033. The explosion of data, coupled with advancements in analytics techniques like machine learning and artificial intelligence, which allow organizations to derive more meaningful insights from their data, is driving the market.
Report Attribute
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Key Statistics
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Base Year
| 2024 |
Forecast Years
| 2025-2033 |
Historical Years
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2019-2024
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Market Size in 2024 | USD 356.8 Million |
Market Forecast in 2033 | USD 950.4 Million |
Market Growth Rate (2025-2033) | 10.81% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on component, deployment mode, organization size, application, and industry vertical.
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The KSA Digital Transformation Market Report is Segmented by Type (Analytics, Artificial Intelligence and Machine Learning, Extended Reality (XR), Iot, Industrial Robotics, Blockchain, Additive Manufacturing/3D Printing, Cybersecurity, Cloud and Edge Computing, and Others (Digital Twin, Mobility, and Connectivity)), End-User Industry (manufacturing, Oil, Gas and Utilities, Retail & E-Commerce, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector, and Others (education, Media & Entertainment, Environment Etc)). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.
By 2030, artificial intelligence was expected to contribute around 16 percent to the gross domestic product (GDP) of Morocco. In comparison, the projected AI contribution to the economy of Saudi Arabia by 2030 was forecast at approximately 12.5 percent of its GDP. Saudi Arabia’s AI landscape The Kingdom's national AI strategy aims to achieve global leadership and establish a data-driven economy. AI contribution to the GDP of Saudi Arabia was forecast to reach approximately 135 billion U.S. dollars by 2030, making the Kingdom the largest anticipated collector of the AI gains in the region. Funds received by Saudi AI companies reached 1.7 billion U.S. dollars in 2023. Nevertheless, the number of AI specialists in the country remained lower than in the neighboring United Arab Emirates, which had around 50 percent more domain specialists in 2024. AI in MENA The Middle East and North Africa hold tremendous potential for AI expansion and economic growth, with market forecasts set to reach approximately 34 billion U.S. dollars by 2030. At an organizational level, businesses are projected to double their return on investment (ROI) for applications like cloud-generative AI implementations. AI is anticipated to also contribute to the daily work of professionals, primarily helping with product creation, via providing intelligent interfaces, and by reducing administrative tasks. With the growth trends in data center investment and IT spending, AI adoption in MENA is expected to free up time for higher-level tasks like strategic thinking or problem-solving and considerably increase productivity.
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Saudi Arabia digital transformation market size reached USD 10.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 82.0 Billion by 2033, exhibiting a growth rate (CAGR) of 23.1% during 2025-2033. The rapid advancements in technologies such as cloud computing, artificial intelligence, machine learning, and the Internet of Things, which provide new capabilities and efficiencies, prompting organizations to adopt them for competitive advantage, is driving the market.
AI Edge Computing Market Size and Trends
The AI edge computing market size is forecast to increase by USD 69.72 billion at a CAGR of 38.6% between 2023 and 2028. The market is experiencing significant growth due to the increasing deployment of IoT sensors and programmable application-specific integrated circuits (ASICs). Edge AI technology is being adopted in various industries, including smart homes, autonomous vehicles, and manufacturing, for real-time application of computer vision, object detection, and quality inspection. Edge AI enables data processing at the source, reducing latency and bandwidth requirements. However, security concerns related to edge AI devices are a challenge, necessitating strong encryption and access control mechanisms. Additionally, the integration of edge AI in commercial drones and remote through augmented reality is a developing trend. Overall, the edge AI market is poised for expansion, driven by the need for real-time analytics and the proliferation of connected devices.
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AI edge computing refers to the practice of processing artificial intelligence (AI) algorithms at the edge of a network, closer to where data is generated, rather than relying on cloud computing for processing. This approach offers several advantages, including reduced latency, increased data security, and improved energy efficiency. The market in North America is witnessing significant growth due to the increasing adoption of connected devices and the need for real-time data processing. Data security is a major concern for organizations, and AI edge computing addresses this issue by keeping sensitive data local and encrypted. Network connectivity is also essential for edge computing, and the rollout of 5G technology is expected to accelerate the adoption of AI edge computing solutions. Image recognition and computer vision are two key applications of AI edge computing. These technologies are used in various industries, including retail and manufacturing, for tasks such as quality control and inventory management.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
Type
Hardware
Software and services
Geography
North America
Canada
US
Europe
Germany
UK
APAC
China
South America
Middle East and Africa
By Type Insights
The hardware segment is estimated to witness significant growth during the forecast period. AI edge computing refers to the implementation of artificial intelligence and machine learning algorithms to process data from IoT sensors and other hardware devices at the local level, enabling real-time decision-making. The hardware component of the global market comprises processors and devices that necessitate cognitive computing.
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The hardware segment was the largest segment and was valued at USD 3.87 billion in 2018. The physical edge AI computing components consist of processors and sensors, while the devices encompass smartphones, laptops, smart speakers, drones, and surveillance cameras. Various processors, such as central processing units (CPUs), graphics processing units (GPUs), field-programmable gate arrays (FPGAs), and application-specific integrated circuits (ASICs), are utilized in edge AI devices. The expansion of interconnected systems and devices, including smartphones, laptops, and smart speakers, has fueled the growth of this market segment during the forecast period.
Regional Analysis
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North America is estimated to contribute 79% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In the North American market, AI edge computing is experiencing significant growth due to various factors. One key driver is the increasing use of edge AI devices, such as surveillance cameras and IoT sensors. The adoption of these technologies is particularly high in the US, where government initiatives mandate their installation in public places. Additionally, the region's advanced IT and telecom infrastructure, including high-speed networks, supports the efficient implementation of AI algorithms in industries like automotive, robotics, and healthcare. The automotive sector, in particular, is witnessing an increase in AI edge computing applications, with the development of electroceuticals and autonomous vehicles requiring real-time decision-making capabilities. In healthcare, AI edge computing enables the processing of large health data
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Saudi Arabia Data Center Processor Market Report is Segmented by Processor Type (CPU, GPU, FPGA, AI Accelerators), by Application (Advanced Data Analytics, AI/ML Training and Inferences, High Performance Computing, Security and Encryption, Network Functions, and Others), by Architecture (x86 and Non-X86 (ARM, Power and Other Processors), and by Data Center Type (Enterprise, Colocation and Cloud Service Providers). The Report Offers the Market Size and Forecasts for all the Above Segments in Terms of Value (USD).
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The Saudi Arabia Artificial Organs & Bionic Implants Market is segmented By Type (Artificial Organs, Bionics).
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MEA AI & Cybersecurity Market is Segmented by Component (Hardware, Software, Services), End-user Industry (IT & Telecom, Retail, Public & Government Institutions, BFSI, Manufacturing, and Construction, Healthcare), Cyber Security Type (Network, Cloud, Application, End-point, Wireless Network), Big Data Analytics Type (Data Discovery & Visualization, Advanced Analytics), and Country (UAE, Saudi Arabia, Qatar, Kuwait). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
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The Saudi Arabia ICT market is expanding rapidly, driven by several factors, including the government's Vision 2030 plan, which aims to transform the country into a digital hub. The market is expected to grow at a CAGR of 8.49% during the forecast period (2025-2033), reaching a value of 50.60 million by 2033. Key drivers include the increasing adoption of cloud computing, big data analytics, and artificial intelligence (AI), as well as the government's initiatives to promote digital transformation across industries. The market is segmented by type (hardware, software, IT services, and telecommunication services), size of enterprise (small and medium enterprises, large enterprises), and industry vertical (BFSI, IT and telecom, government, retail and e-commerce, manufacturing, energy and utilities, other industry verticals). The telecommunication services segment is expected to hold the largest share of the market, driven by the growing demand for mobile and broadband services. The BFSI sector is expected to be the largest industry vertical, followed by IT and telecom, government, and retail and e-commerce. The market is concentrated with major players such as Etihad Etisalat Company (Mobily), DELL Technologies INC, and Accenture PLC. Recent developments include: December 2023 - Alliance Networks, a digital infrastructure service provider, and Salam partnered to offer seamless, high-capacity connectivity to businesses in the Gulf Cooperation Council (GCC) region and beyond. They will integrate Salam’s network infrastructure, including data centers and international subsea cables, with Alliance Networks’ regional presence and commercial partnerships., November 2023 - Trend Micro Incorporated, capitalizing on its partnership with Saudi Cloud Computing Company (SCCC) Alibaba Cloud, to introduce the Trend Vision One SOCaas (Security Operation Centre as a service), Advanced MXDR in the Kingdom of Saudi Arabia. This new phase marks a continuation of the companies’ commitment to providing comprehensive, vendor-direct cybersecurity services in the Kingdom of Saudi Arabia.. Key drivers for this market are: Growth of the Digital Economy, Robust Adoption of 5G Networks Across the Country; Increasing Usage of the Internet of Things (IoT) and Cloud Services. Potential restraints include: Lack of Skilled Workforce in the Country. Notable trends are: Energy and Utilities to Witness Major Growth.
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Saudi Arabia revenue cycle management market size reached USD 1,382.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 3,762.1 Million by 2033, exhibiting a growth rate (CAGR) of 11.77% during 2025-2033. The increasing advances in technology, including the use of artificial intelligence, machine learning, and data analytics, which have improved the efficiency and accuracy of revenue cycle management processes, are driving the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
| 2025-2033 |
Historical Years
|
2019-2024
|
Market Size in 2024
| USD 1,382.0 Million |
Market Forecast in 2033
| USD 3,762.1 Million |
Market Growth Rate 2025-2033 | 11.77% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type, component, deployment, and end user.
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The Kingdom of Saudi Arabia (KSA) cloud computing market exhibits robust growth potential, driven by the nation's ambitious Vision 2030 initiative, which prioritizes digital transformation across all sectors. The market, currently valued at approximately $13.66 billion (USD) in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of 12.66% from 2025 to 2033. This expansion is fueled by increasing government investments in digital infrastructure, the burgeoning adoption of cloud-based services by both large enterprises and SMEs, and a growing demand for enhanced data security and scalability. Key drivers include the need for efficient resource management, cost optimization through pay-as-you-go models, and the rising adoption of advanced technologies like artificial intelligence and the Internet of Things (IoT) which rely heavily on cloud infrastructure. Significant growth is expected across various sectors, including BFSI (Banking, Financial Services, and Insurance), healthcare, and telecommunications, reflecting the increasing digitization and technological advancement in these industries. The shift towards hybrid cloud deployments is also likely to contribute significantly to the market's expansion, offering organizations a balance between security and agility. While the market faces challenges such as potential cybersecurity threats and the need for robust data privacy regulations, the overall outlook remains positive. The strong government support coupled with an increasingly tech-savvy population and a growing number of cloud service providers operating within the region are poised to overcome these hurdles. The dominance of global giants like AWS, Microsoft Azure, and Google Cloud is likely to continue, however, we anticipate a rise in regional players and partnerships that will cater to the specific needs of the KSA market. The public cloud segment, encompassing IaaS, PaaS, and SaaS offerings, is expected to be the largest contributor to market growth due to its scalability and cost-effectiveness. The long-term forecast points to a significant expansion of the KSA cloud computing market, consolidating its position as a key player in the Middle East and North Africa (MENA) region. Recent developments include: August 2024: Following the introduction of the Google Cloud region in Saudi Arabia (KSA) in November 2023, enhanced data sovereignty, security, and AI features for the Dammam region were unveiled. These advancements are tailored to bolster the digital transformation of organizations in Saudi Arabia, especially those with regulatory obligations, such as multinational corporations.March 2024: Amazon Web Services (AWS), a subsidiary of Amazon.com, announced plans to establish an AWS infrastructure Region in the Kingdom of Saudi Arabia by 2026. This new AWS Region will empower developers, startups, entrepreneurs, enterprises, and organizations in sectors like healthcare, education, gaming, and nonprofits to run applications and serve end users from local data centers. This ensures that customers wishing to keep their content within the Kingdom can do so. Demonstrating its long-term commitment, AWS has pledged an investment exceeding USD 5.3 billion (approximately 19.88 billion Saudi riyal) in the Kingdom.April 2024: Informatica, an enterprise cloud data management company, introduced its AI-driven Intelligent Data Management Cloud (IDMC) in Saudi Arabia, marking a first for the nation. This initiative encompasses establishing a new Point of Delivery (PoD) in Riyadh, emphasizing a dedication to local, scalable, cloud-centric data management solutions. This move reinforces Informatica's foothold in the Middle East and follows its inaugural regional PoD launch in Abu Dhabi, UAE, in 2023.March 2024: YASH Technologies, a global technology consultancy, and Huawei Cloud, a cloud service provider, forged a strategic alliance at LEAP 2024, the premier technology event in the Middle East and North Africa (MENA) region. The duo formalized their collaboration through a Memorandum of Understanding (MOU), underscoring their joint commitment to delivering transformative solutions in pivotal domains such as cloud computing, AI, machine learning, and data analytics to their shared clientele.. Key drivers for this market are: Robust Shift Towards Digital Transformation Across the Country, Data Privacy Concerns Are Driving Increased Adoption Of Public Cloud Services. Potential restraints include: Robust Shift Towards Digital Transformation Across the Country, Data Privacy Concerns Are Driving Increased Adoption Of Public Cloud Services. Notable trends are: Robust Shift Towards Digital Transformation Across the Country.
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According to Cognitive Market Research, The Global AI in Fashion market size is USD 1125.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 41.50% from 2023 to 2030.
The demand for Ai in Fashions is rising due to personalized customer experiences and supply chain optimization.
Demand for solutions remains higher in the AI Fashion market.
The product recommendation category held the highest AI in Fashion market revenue share in 2023.
North American AI in Fashion will continue to lead, whereas the Asia-Pacific AI in Fashion market will experience the most substantial growth until 2030.
Enhanced Personalization Capabilities to Provide Viable Market Output
In the AI Fashion market, a pivotal driver is the capability of artificial intelligence to enhance personalized experiences for consumers. AI algorithms analyze vast amounts of customer data, including preferences, purchase history, and browsing behavior, enabling fashion brands to offer tailored recommendations, personalized styling advice, and targeted promotions. This heightened level of personalization not only enhances customer satisfaction and loyalty but also contributes to increased conversion rates, driving the adoption of AI technologies across the fashion industry as brands seek to deliver more individualized and engaging experiences to their customers.
October 2022: A new member of the Cisco Digital Solutions Integrator (DSI) Program is Delta Bravo Artificial Intelligence Inc. From Cisco's global partner network, the DSI Program chooses strategic partners that can offer distinct value and insights to Cisco's most significant clients.
(Source: deltabravo.ai/partnership-announced-between-cisco-systems-csco-and-delta-bravo-artificial-intelligence-ai/)
Optimized Supply Chain Management to Propel Market Growth
Another key driver in AI in the fashion market is the optimization of supply chain management through artificial intelligence. AI-powered tools facilitate demand forecasting, inventory management, and production planning, helping fashion companies streamline their supply chains. This is particularly crucial in an industry that experiences rapid shifts in trends and consumer preferences. AI algorithms enable more accurate predictions, reducing the risk of overstock or stockouts, improving overall operational efficiency, and contributing to cost savings. The emphasis on a responsive and efficient supply chain positions AI as a fundamental driver for fashion brands aiming to navigate the complexities of the industry and meet evolving market demands.
In July 2022, SAS and Basserah partnered to deliver leading data analytics and AI solutions to Saudi businesses. With this partnership, both companies are focusing on data and robotics process automation for growth opportunities in the Kingdom of Saudi Arabia.
Increasing demand for up and coming fashion trends of the moden age is propelling market growth
Market Dynamics Of AI in Fashion
Data Privacy Concerns to Restrict Market Growth
In the AI Fashion market, a prominent restraint revolves around data privacy concerns. As AI relies heavily on consumer data for personalized recommendations and experiences, fashion companies face growing scrutiny over how they collect, store, and utilize this information. Heightened awareness of data breaches and privacy violations has led to increased regulatory scrutiny and consumer demands for transparency. Balancing the benefits of AI-driven personalization with stringent data protection measures poses a challenge, impacting the industry's ability to fully leverage AI capabilities while maintaining consumer trust.
Impact of COVID-19 on the AI in the Fashion Market
The COVID-19 pandemic had a multifaceted impact on AI in the fashion market. On the one hand, disruptions in the supply chain and manufacturing processes led to a heightened interest in AI technologies for optimizing inventory management, production forecasting, and supply chain resilience. The need for contactless experiences and the surge in online shopping during lockdowns accelerated the adoption of AI-driven virtual try-on solutions, personalized recommendations, and augmented reality experiences. On the ot...
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IntroductionDiabetic retinopathy (DR) is the leading cause of preventable blindness in Saudi Arabia. With a prevalence of up to 40% of patients with diabetes, DR constitutes a significant public health burden on the country. Saudi Arabia has not yet established a national screening program for DR. Mounting evidence shows that Artificial intelligence (AI)-based DR screening programs are slowly becoming superior to traditional screening, with the COVID-19 pandemic accelerating research into this topic as well as changing the outlook of the public toward it. The main objective of this study is to evaluate the perception and acceptance of AI in DR screening among eye care professionals in Saudi Arabia.MethodsA cross-sectional study using a self-administered online-based questionnaire was distributed by email through the registry of the Saudi Commission For Health Specialties (SCFHS). 309 ophthalmologists and physicians involved in diabetic eye care in Saudi Arabia participated in the study. Data analysis was done by SPSS, and a value of p < 0.05 was considered significant for statistical purposes.Results54% of participants rated their level of AI knowledge as above average and 63% believed that AI and telemedicine are interchangeable. 66% believed that AI would decrease the workforce of physicians. 79% expected clinical efficiency to increase with AI. Around 50% of participants expected AI to be implemented in the next 5 years.DiscussionMost participants reported good knowledge about AI. Physicians with more clinical experience and those who used e-health apps in clinical practice regarded their AI knowledge as higher than their peers. Perceived knowledge was strongly related to acceptance of the benefits of AI-based DR screening. In general, there was a positive attitude toward AI-based DR screening. However, concerns related to the labor market and data confidentiality were evident. There should be further education and awareness about the topic.
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The Middle Eastern Digital Transformation Market Report is Segmented by Type (Artificial Intelligence and Machine Learning, Extended Reality (VR and AR) for Industrial Applications, Iot, Industrial Robotics, Blockchain, Digital Twin, Additive Manufacturing, Industrial Cyber Security, Wireless Connectivity, Industrial 3D Printing Market, Edge Computing, and Smart Mobility), End-User Industry (Manufacturing, Oil, Gas, and Utilities, Retail and E-Commerce, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector, and Other End-User Industries) and Country (Saudi Arabia, United Arab Emirates, Qatar, Egypt, Israel, Kuwait, Bahrain, Iran, and Rest of Middle East). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.
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Saudi Arabia's Third-Party Logistics (3PL) market is anticipated to exhibit a robust CAGR of 6.38%, reaching a substantial market size of 17.40 million by 2033. The market's growth is primarily driven by the burgeoning e-commerce sector, rising industrial output, and increasing demand for efficient supply chain management solutions. This market is expected to witness significant growth opportunities in the coming years as businesses seek to outsource their logistics operations to optimize efficiency and reduce costs. Key market trends include the increasing adoption of advanced technologies such as artificial intelligence (AI), blockchain, and IoT for enhanced supply chain visibility and optimization. Additionally, the growing focus on sustainability is driving the adoption of eco-friendly logistics solutions. The market is highly competitive, with established players like BAFCO International, Camels Party Logistics, and Motion Supply Chain, along with numerous other local and regional providers. These companies are focusing on expanding their service offerings, investing in technology, and forming strategic partnerships to cater to the evolving needs of the industry. Recent developments include: December 2023: Omniful, a company that offers an order management system to third-party logistics, raised USD 5.85 million in seed funding led by VentureSouq. It will use the funds to improve its platform, which is called plug-and-play. Omniful's cloud platform, known for its flexibility and configurable features, can be configured to suit your needs. Its API-first strategy facilitates smooth integration with various global and local e-commerce platforms, marketplaces, ERP systems, POS systems, and shipping tech stacks., March 2023: One of the leading players, DHL, signed an end-to-end procurement and logistics hub joint venture with Saudi giant Saudi Aramco. This joint undertaking aims to enter operations in 2025 and provide a wide range of integrated supply chain and procurement services for companies from all sectors, including industry, energy, chemicals, and petrochemicals. The joint venture will focus on Saudi Arabia to grow across the Middle East and North Africa., May 2023: Aramex, one of the leading 3PL players in the region, signed a strategic partnership with AD Ports Group, the leading facilitator of global trade and logistics, to operate and develop a new non-vessel operating common carrier (NVOCC) enterprise. In the joint venture, Aramex has a stake of 49% and will further enhance and develop shipping connectivity across the GCC, Indian, and East and West African markets with a target of 10,000 containers in the short term and intends to increase the number of containers in the medium- to long-term.. Key drivers for this market are: Increasing Cross-Border Trade, Development of Transportation Infrastructure in the Country; Establishment of Special Economic Zones. Potential restraints include: High Cost of 3PL Services, Skilled Labor Shortages. Notable trends are: Growth in E-commerce Boosting the Demand for 3PL Services.
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Saudi Arabia semiconductor manufacturing equipment market size is projected to exhibit a growth rate (CAGR) of XX% during 2024-2032. The rising need among leading producers for precision and efficiency in semiconductor fabrication is primarily driving the market growth across the country.
Report Attribute
|
Key Statistics
|
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Base Year
| 2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) | XX% |
Semiconductor manufacturing equipment encompass the machinery utilized in the production of diverse electronic components and integrated circuits (ICs). They can be categorized into two main types: wafer fabrication equipment and assembly equipment. Wafer fabrication equipment are employed in the initial phases of semiconductor manufacturing, while testing and assembly equipment are utilized in the later stages. These machines present numerous advantages, including more efficient production processes, heightened yield and reliability, reduced manufacturing errors, and enhanced safety in the workplace. Consequently, they are widely utilized across various industries, including automotive, consumer electronics, robotics, etc.
The Saudi Arabia semiconductor manufacturing equipment market is experiencing dynamic shifts driven by key drivers and emerging trends. A notable driver is the increased demand for electronic components across diverse industries, including telecommunications, automotive, and consumer electronics. This surge is compelling manufacturers to invest in advanced semiconductor manufacturing equipment to meet the growing needs of the expanding technological landscape, thereby positively influencing the market growth across the Saudi Arabia. Additionally, the elevating integration of cutting-edge technologies, such as artificial intelligence and machine learning, is enhancing the capabilities of manufacturing equipment, leading to improved production processes and higher yields. Besides this, sustainability is emerging as a significant trend, influencing the development and adoption of environmentally friendly manufacturing processes and materials in semiconductor equipment. Moreover, collaborations and partnerships between semiconductor equipment manufacturers and local industries are on the rise. This collaborative approach aims to tailor equipment solutions to specific industry requirements, fostering innovation and ensuring that the semiconductor manufacturing sector in Saudi Arabia remains competitive on a wide scale. Additionally, the rising focus on technology integration, sustainability, and collaborative strategies signify a promising future for the semiconductor industry in the country, as it aligns with numerous advancements and local industrial needs. This, in turn, is expected to fuel the market growth over the forecasted period.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on equipment type, product type, dimension, and supply chain participant.
Equipment Type Insights:
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The report has provided a detailed breakup and analysis of the market based on the Equipment type. This includes front-end (lithography, deposition, cleaning, wafer surface conditioning, and others), back-end (testing, assembly and packaging, dicing, bonding, metrology, and others), and fab facility equipment (automation, chemical control, gas control, and others).
Product Type Insights:
A detailed breakup and analysis of the market based on the product type have also been provided in the report. This includes memory, logic components, microprocessor, analog components, optoelectronic components, discrete components, and others.
Dimension Insights:
The report has provided a detailed breakup and analysis of the market based on the dimension. This includes 2D, 2.5D, and 3D.
Supply Chain Participant Insights:
A detailed breakup and analysis of the market based on the supply chain participant have also been provided in the report. This includes IDM firms, OSAT companies, and foundries.
Regional Insights:
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The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report |
Mobile Robot Platforms Market Size 2025-2029
The mobile robot platforms market size is forecast to increase by USD 3.31 billion at a CAGR of 19% between 2024 and 2029.
The market is experiencing significant growth due to various trends and factors. One key trend is the changing global labor force, with an increasing preference for automation and robotics to enhance productivity and efficiency. Another trend is the increased emphasis on reducing hardware-related drawbacks, leading to advancements in mobile robot technology and design. However, the high cost of deployment remains a challenge for market growth. Companies are exploring cost-effective solutions, such as leasing or renting mobile robots, to overcome this hurdle. Overall, the market is poised for steady expansion as businesses seek to streamline operations and improve competitiveness.
What will be the Size of the Market During the Forecast Period?
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The market is experiencing significant growth due to the integration of advanced technologies such as artificial intelligence (AI) and computer vision into robotics. These advanced technologies enable robots to adapt to changing conditions in diverse industries, including agriculture, container terminals, and automated guided vehicles in manufacturing. The aging population trend is driving the demand for advanced robotics in various sectors. For instance, in healthcare, robots are being used to provide assistance in elderly care, while in agriculture, they are being employed for harvesting and planting. In container terminals, robots are streamlining container handling processes, increasing efficiency and reducing costs. The integration of AI and computer science in mobile robot platforms is transforming the logistics sector, particularly in e-commerce.
Moreover, robots are being used to automate warehouse operations, ensuring that orders are processed quickly and accurately. Furthermore, the increasing popularity of electric cars is leading to the development of advanced robotics for battery swapping and charging stations. The dynamic surroundings in which mobile robots operate necessitate connected solutions. These solutions enable robots to communicate with each other and their environment, ensuring optimal performance in real-time. Moreover, computer vision technology is being used to enhance the capabilities of mobile robots, enabling them to navigate complex environments and avoid obstacles.
In conclusion, the market is witnessing significant growth due to the integration of advanced technologies such as AI, computer vision, and connected solutions. The market is being driven by various factors, including the aging population, changing conditions in diverse industries, and the increasing demand for efficiency and cost savings. The future of mobile robot platforms lies in their ability to adapt to dynamic surroundings and provide innovative solutions to meet the evolving needs of businesses.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Software
Services
Hardware
End-user
Logistics and warehousing
Manufacturing industries
Agriculture and mining
Medical and healthcare
Others
Geography
APAC
China
Japan
South Korea
North America
Canada
US
Europe
Germany
UK
France
Middle East and Africa
South America
Brazil
By Product Insights
The software segment is estimated to witness significant growth during the forecast period.
The market is primarily driven by the software segment, which is expected to maintain its dominance throughout the forecast period. The emphasis on data analysis by end-users for optimizing operations has fueled the growth of this segment. companies have responded by developing software solutions that can be integrated with existing logistics and warehouse management systems, thanks to the emergence of open IT architecture. These software capabilities enable the deployment of mobile robots with minimal infrastructure modifications.
Moreover, notable companies in this sector include Aethon and OMRON. The market is witnessing significant growth due to the increasing adoption of these platforms in various industries such as new energy vehicles, operating in ports, order fulfillment in retail e-commerce, patient assistance, precision surgeries, and radio-controlled applications. The potential for a high return on investment is another key factor driving market growth. The rates of transport and order-picking technology have also advanced, contributing to the market's expansion.
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The total spending on the information technology services in the IT sector in the Middle East and North Africa (MENA) in 2022 was forecast to amount to around 16.17 billion U.S. dollars. In 2020, the total spending amounted to around 13.55 billion U.S. dollars.
IT industry during COVID-19 in MENA
COVID-19 caused IT projects throughout the MENA region to be halted or canceled. As the situation in the region improves and businesses recognize the full advantages of a robust digital environment, IT spending will likely recover to pre-pandemic levels in 2021. The value of cloud management and security services markets in the MENA region in 2020 was expected to reach 226 million U.S. dollars. People were more motivated to use internet options for shopping, communication, and remote working during the COVID-19 pandemic of 2020, which resulted in lockdowns and the closure of businesses, restaurants, and supermarkets. Every country in the area has seen a significant surge in the use of mobile applications, particularly Saudi Arabia, the United Arab Emirates, and Kuwait. It was forecasted that spending in the communication services in the information technology sector in the region in 2022 would reach 120 billion U.S. dollars.
GCC technology adoption
Investments in technical progress, particularly in 5G technology, artificial intelligence, and cybersecurity, have poured into Gulf Cooperation Council (GCC) countries. 5G services were released in the region in 2019 and were the focus of smartphone users and gaming services in 2020. In 2019, most of the population in the United Arab Emirates and Saudi Arabia expressed a willingness to use 5G connections as soon as they become available in the market.
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The Saudi Arabia Big Data and Artificial Intelligence Market Report is Segmented by Solutions (Hardware, Software, Service), Organization Size (SMEs, Large Enterprises), and End User (IT and Telecom, Retail, Public and Government Institutions, BFSI, Healthcare, Energy, Construction and Manufacturing, and Other End Users). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.