GCC AI Memory Chips Market Size | 2019-2032

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

Report Format:     | Pages: 160+
Type: Parent Industry Monitor | ID: AC4592  | Publication: August 2024  |  US$1,345  |  

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

 

For Enquiry