MEA Generative AI ASIC Chip Market Size | 2019-2032

MEA 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: 160+
Type: Niche Industry Monitor | ID: GAC43112  | Publication: Aug 2024  |  US$745  |  

MEA Generative AI ASIC Chip Market Growth and Performance

Key Takeaways:


  • The generative AI ASIC chip market size in MEA increased to US$ 236.1 Million in 2023, with a year-on-year growth rate of 28.5%.
  • By the end of 2032, the Middle East & Africa generative AI ASIC chip market is on track to achieve US$ 1.93 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 26.5% throughout the forecast period.
  • The traditional ASIC segment is estimated to hold the largest market share of 65.8% and be valued at US$ 1.27 Billion in 2032.
  • In 2032, 33.2% of the total spending in the Middle East & Africa generative AI ASIC chip market is forecasted to come from Saudi Arabia.

MEA 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

 

 

 

MEA Generative AI ASIC Chip Industry: Country Coverage

 

Countries

MEA

Israel

South Africa

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain

Nigeria

Kenya

Turkey

Rest of MEA

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