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GCC Generative AI ASIC Chip Market Size | 2019-2032

GCC Generative AI ASIC Chip Market Size and Forecast by Type, Node Type, End User Application, Distribution Channel, Orchestration Platform, Service Type, and Region: Statistics | 2019-2032

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: GAC43116  | Publication: Aug 2024  |  US$745  |  

GCC Generative AI ASIC Chip Market Growth and Performance

Key Takeaways:

  • The generative AI ASIC chip market size in GCC increased to US$ 74.6 Million in 2023, with a year-on-year growth rate of 22.8%.
  • By the end of 2032, the GCC generative AI ASIC chip market is on track to achieve US$ 1.20 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 36.4% throughout the forecast period.
  • The traditional ASIC segment is estimated to hold the largest market share of 65.3% and be valued at US$ 782.5 Million in 2032.
  • In 2032, 52.7% of the total spending in the GCC generative AI ASIC chip market is forecasted to come from Saudi Arabia.

GCC Generative AI ASIC Chip Market Scope

Analysis Period

2019-2032

 

  

Actual Data

2019-2023

 

  

Base Year

2023

 

  

Estimated Year

2024

 

  

CAGR Period

2024-2032

 

  
 

Research Scope

 

  

Type

Traditional ASICs

 

  

Field-Programmable Gate Arrays (FPGAs)

 

  

System-on-Chip (SoC)

 

  

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 Generative AI ASIC Chip Industry: Country Coverage

 

Countries

GCC

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain
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