GCC AI Chips Market Size | 2019-2032

GCC AI Chips Market Size and Forecast by Type, Node Type, End User Application, Distribution Channel, and Region: Statistics | 2019-2032

Report Format:     | Pages: 160+
Type: Parent Industry Monitor | ID: AC4521  | Publication: Aug 2024  |  US$1,345  |  

GCC Artificial Intelligence (AI) Chips Market Growth and Performance

Key Takeaways:


  • The AI chips market size in GCC increased to US$ 1.03 Billion in 2023, with a year-on-year growth rate of 15.0%.
  • By the end of 2032, the GCC AI chips market is on track to achieve US$ 10.42 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 29.4% throughout the forecast period.
  • The AI processor chips segment is estimated to hold the largest market share of 59.8% and be valued at US$ 6.23 Billion in 2032.
  • In 2032, 52.0% of the total spending in the GCC AI chips market is forecasted to come from Saudi Arabia.

GCC AI Chips Market Scope

Analysis Period

2019-2032

 

 

Actual Data

2019-2023

 

 

Base Year

2023

 

 

Estimated Year

2024

 

 

CAGR Period

2024-2032

 

 
 

Research Scope

 

 

Type

AI Processor Chips Market

 

 

AI Memory Chips Market

 

 

Node Type

Advanced Node

 

 

Mid-range Node

 

 

Legacy Node

 

 

End User Application

Consumer Electronics

 

 

Automotive

 

 

Industrial

 

 

Telecommunications

 

 

Healthcare

 

 

Aerospace & Defense

 

 

Energy

 

 

Data Processing

 

 

Distribution Channel

Direct Sales

 

 

Distributors and Resellers

 

 

Online Marketplaces

 

 

 

GCC AI Chips Industry: Country Coverage

 

Countries

GCC

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain

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