Saudi Arabia Generative AI Market | Analysis 2019-2032

Saudi Arabia Generative AI Market Analysis, Size, and Forecast by Component, Deployment Model, Business Function, Technique, End User: 2019-2032

| SINGLE USER: 1,850 US$ 925

| MULTI USER 2,450 US$ 1,225

| ENTERPRISE USER 3,050 US$ 1,525

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Saudi Arabia Generative AI Market

Anticipated revenue for the Saudi Arabia generative AI market in 2024 is US$ 416.2 million, with a forecasted Compound Annual Growth Rate (CAGR) of 25.25% from 2024 to 2032.
The Saudi Arabia generative AI industry achieved US$ 283.7 million in 2023.
In terms of components classification, the primary segment expected to lead is hardware, with an estimated market worth of US$ 1,414.9 million by 2032.
IT and Telecom end user is projected to contribute 22.47% of the total revenue in the Saudi Arabia generative AI market by 2032.

Analysis Period	2019 – 2032
Actual Data	2019 – 2023
Base Year	2023
Estimated Year	2024
CAGR Period	2024 – 2032
Research Scope
Component	Hardware Software Service
Deployment Model	On-premise Solutions Cloud-based Solutions Hybrid Solutions
Business Function	Marketing and sales Customer operations Product R&D Software engineering Supply chain and operations Risk and legal Strategy and finance Corporate IT Talent and organization
Technique	Generative Modelling Techniques Text-Based Techniques Code-Based Techniques
End User	IT and Telecom Media and Entertainment Energy and Power Transportation and Logistics Healthcare BFSI Retail Manufacturing Public Sector Other

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