MEA Artificial Intelligence Market Size | 2019-2032

MEA Artificial Intelligence Market Size and Forecast by Type, Deployment Model, Industry, Organization Size, and Country: 2019-2032

Avalibale Format*:   Pivot  |  ReportID: AI42676  |  Coverage: REGIONAL | Type: Industry Tracker
Category: Information Technology  |  Sub-Category: Artificial Intelligence
Published Date: July 2024   

MEA Artificial Intelligence Market Growth and Performance

MEA Artificial Intelligence Market


  • The artificial intelligence market size in MEA increased to US$ 8.91 Billion in 2023, with a year-on-year growth rate of 56.5%.
  • By the end of 2032, the Middle East & Africa artificial intelligence market is on track to achieve US$ 186.27 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 40.3% throughout the forecast period.
  • The generative ai segment is estimated to hold the largest market share of 33.9% and be valued at US$ 63.09 Billion in 2032.
  • In 2032, 21.1% of the total spending in the Middle East & Africa artificial intelligence market is forecasted to come from Rest of MEA.

MEA Artificial Intelligence Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Type

AI Robotics

Autonomous & Sensor Technology

Computer Vision

Generative AI

Machine Learning

Natural Language Processing

Deployment Model

On-premise

Cloud-based

Hybrid

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

 

MEA Artificial Intelligence Industry: Regional Coverage

 

Countries

MEA

Israel

South Africa

Saudi Arabia

United Arab Emirates

Qatar

Kuwait

Oman

Turkey

Nigeria

Kenya

Zimbabwe

Rest of MEA

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