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UAE Artificial Intelligence (AI) Market, By Offerings (Software, Hardware, Services); By Technology (Deep Learning, Machine Learning (ML), Natural Language Processing (NLP), Machine Vision); By Business Function (Marketing & Sales, Human Resources, Financ

Publisher BlueWeave Consulting
Published Jun 29, 2024
Length 200 Pages
SKU # BLWC19215091

Description

UAE Artificial Intelligence (AI) Market, By Offerings (Software, Hardware, Services); By Technology (Deep Learning, Machine Learning (ML), Natural Language Processing (NLP), Machine Vision); By Business Function (Marketing & Sales, Human Resources, Finance & Accounting, Operations, Cybersecurity, Others); By End User (Media & Entertainment, BFSI, IT & Telecommunications, Healthcare, Automotive & Transportation, Oil & Gas, and Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2030


UAE Artificial Intelligence (AI) Market Size Set to Expand at Significant CAGR of 6.29% to Reach USD 8.54 Billion by 2030
UAE Artificial Intelligence (AI) Market is flourishing because of the government’s supportive initiatives and AI strategies and growing significant investments in smart city projects.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the UAE Artificial Intelligence (AI) Market size at USD 3.18 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the UAE Artificial Intelligence (AI) Market size to expand at a CAGR of 6.29% reaching a value of USD 8.54 billion by 2030. The launch of numerous AI-based products that meet the needs of its major end user industries, such as healthcare, BFSI, and retail, as well as extensive research activities and supportive government policies and regulations for the development of AI are major growth factors for the UAE Artificial Intelligence Market over the forecast period.
Opportunity: Rising use of AI across various sectors
The UAE Artificial Intelligence (AI) Market, based on end user, is segmented into media & entertainment, BFSI, IT & telecommunications, healthcare, automotive & transportation, oil & gas, and others. The IT & telecommunications segment dominates the UAE Artificial Intelligence (AI) Market. The increased use of the cloud post the COVID-19 pandemic outbreak resulted in the generation of large volumes of data, which accelerated the need for improved and higher processing, which boosted the adoption of AI in the sector. Following IT & telecom, the healthcare end user segment is also growing at a high rate owing to its rising use in providing accurate diagnoses of patients.
UAE Artificial Intelligence Market
Segmental Coverage
UAE Artificial Intelligence Market – By Technology
On the basis of technology, the UAE Artificial Intelligence (AI) Market is segmented into deep learning, machine learning, natural language processing (NLP), and machine vision. The deep learning segment holds the largest share of the UAE Artificial Intelligence (AI) Market by technology. The growth of the segment is mainly attributed to its wide range of usage, such as image recognition and natural language processing (NLP). Deep learning is extensively being used in various applications, including security systems, facial recognition, and self-driving cars, which is driving market growth.
Competitive Landscape
Major players operating in the UAE Artificial Intelligence (AI) Market include Omdena Inc., Microsoft, Google LLC, IBM, Intel Corporation, Daffodil Unthinkable Software Corporation, Yanzo, Digital Energy, Gleac, and CAI Concierge AI. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the UAE Artificial Intelligence (AI) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the UAE Artificial Intelligence (AI) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

200 Pages
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. UAE Artificial Intelligence (AI) Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Government initiatives and AI strategies
3.2.1.2. Growing significant investments in smart city projects
3.2.1.3. Rapid advancements in technology infrastructure
3.2.2. Restraints
3.2.2.1. Increasing data privacy and security concerns
3.2.2.2. High implementation costs
3.2.2.3. Shortage of shortage of skilled AI professionals
3.2.3. Opportunities
3.2.3.1. Increasing government spending
3.2.3.2. Growing industrialization in the UAE
3.2.3.3. Increasing demand of Artificial Intelligence (AI) in various industries
3.2.4. Challenges
3.2.4.1. Legal and regulatory frameworks
3.2.4.2. Cybersecurity concerns
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. UAE Artificial Intelligence (AI) Market: Marketing Strategies
5. UAE Artificial Intelligence (AI) Market: Pricing Analysis
6. UAE Artificial Intelligence (AI) Market Overview
6.1. Market Size & Forecast, 2019–2030
6.1.1. By Value (USD Billion)
6.2. Market Share & Forecast
6.2.1. By Offerings
6.2.1.1. Software
6.2.1.2. Hardware
6.2.1.3. Services
6.2.2. By Technology
6.2.2.1. Deep Learning
6.2.2.2. Machine Learning (ML)
6.2.2.3. Natural Language Processing (NLP)
6.2.2.4. Machine Vision
6.2.3. By Business Function
6.2.3.1. Marketing & Sales
6.2.3.2. Human Resources
6.2.3.3. Finance & Accounting
6.2.3.4. Operations
6.2.3.5. Cybersecurity
6.2.3.6. Others
6.2.4. By End User
6.2.4.1. Media & Entertainment
6.2.4.2. BFSI
6.2.4.3. IT & Telecommunications
6.2.4.4. Healthcare
6.2.4.5. Automotive & Transportation
6.2.4.6. Oil & Gas
6.2.4.7. Others
7. Competitive Landscape
7.1. List of Key Players and Their Products
7.2. UAE Artificial Intelligence (AI) Company Market Share Analysis, 2023
7.3. Competitive Benchmarking, By Operating Parameters
7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical Tensions on UAE Artificial Intelligence (AI) Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, and SWOT Analysis)
9.1. Omdena Inc.
9.2. Microsoft
9.3. Google LLC
9.4. IBM
9.5. Intel Corporation
9.6. Daffodil Unthinkable Software Corporation
9.7. Yanzo
9.8. Digital Energy
9.9. Gleac
9.10. CAI Concierge AI
9.11. Other prominent players
10. Key Strategic Recommendations
11. Research Methodology
11.1. Qualitative Research
11.1.1. Primary & Secondary Research
11.2. Quantitative Research
11.3. Market Breakdown & Data Triangulation
11.3.1. Secondary Research
11.3.2. Primary Research
11.4. Breakdown of Primary Research Respondents
11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 UAE Artificial Intelligence (AI) Segmentation
Figure 2 UAE Artificial Intelligence (AI) Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 UAE Artificial Intelligence (AI) Market Size, By Value (USD Billion), 2019–2030
Figure 5 UAE Artificial Intelligence (AI) Market Share, By Offerings, By Value (USD Billion), 2019–2030
Figure 6 UAE Artificial Intelligence (AI) Market Share, By Technology, By Value (USD Billion), 2019–2030
Figure 7 UAE Artificial Intelligence (AI) Market Share, By Business Function, By Value (USD Billion), 2019–2030
Figure 8 UAE Artificial Intelligence (AI) Market Share, By End User, By Value (USD Billion), 2019–2030
List of Tables
Table 1 UAE Artificial Intelligence (AI) Market Size, By Value (USD Billion), 2019–2030
Table 2 UAE Artificial Intelligence (AI) Market Share, By Offerings, By Value (USD Billion), 2019–2030
Table 3 UAE Artificial Intelligence (AI) Market Share, By Technology, By Value (USD Billion), 2019–2030
Table 4 UAE Artificial Intelligence (AI) Market Share, By Business Function, By Value (USD Billion), 2019–2030
Table 5 UAE Artificial Intelligence (AI) Market Share, By End User, By Value (USD Billion), 2019–2030
Table 7 Omdena Inc. Company Overview
Table 8 Omdena Inc. Financial Overview
Table 9 Microsoft Company Overview
Table 6 Microsoft Financial Overview
Table 7 Google LLC Company Overview
Table 8 Google LLC Financial Overview
Table 9 IBM Company Overview
Table 10 IBM Financial Overview
Table 11 Intel Corporation Company Overview
Table 12 Intel Corporation Financial Overview
Table 13 Daffodil Unthinkable Software Corporation Company Overview
Table 14 Daffodil Unthinkable Software Corporation Financial Overview
Table 15 Yanzo Company Overview
Table 16 Yanzo Financial Overview
Table 17 Digital Energy Company Overview
Table 18 Digital Energy Financial Overview
Table 19 Gleac Company Overview
Table 20 Gleac Financial Overview
Table 21 CAI Concierge AI Company Overview
Table 22 CAI Concierge AI Financial Overview

Pricing

Currency Rates
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