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Publication: August 2024
Report Type: Tracker
Report Format: PDF DataSheet
Report ID: AC4592 
  Pages: 160+  

GCC AI Memory Chips Market Size and Forecast by Type, Node Type, End User Application, and Distribution Channel: 2019-2033

 August 2024   

GCC AI Memory Chips Market Growth and Performance

  • The AI memory chips market size in GCC increased to US$ 380.8 Million in 2023, with a year-on-year growth rate of 15.1%.
  • By the end of 2032, the GCC AI memory chips market is on track to achieve US$ 4.18 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 30.6% throughout the forecast period.
  • The AI high-bandwidth memory (HBM) segment is estimated to hold the largest market share of 40.8% and be valued at US$ 1.71 Billion in 2032.
  • In 2032, 52.1% of the total spending in the GCC AI memory chips market is forecasted to come from Saudi Arabia.

GCC AI Memory 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 High-Bandwidth Memory (HBM)

AI DDR Memory (DDR4, DDR5)

AI GDDR Memory (GDDR6)

AI NVMe (Non-Volatile Memory Express)

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 Memory Chips Industry: Regional Coverage

 

Countries

GCC

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain