The KSA generative AI market size is expected to reach USD 4,798.43 million by 2034, according to a new study by Polaris Market Research. The report “KSA Generative AI Market Size, Share, Trends, Industry Analysis Report: By Component (Software and Services), Technology, and End Use – Market Forecast 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The demand for generative AI in the Kingdom of Saudi Arabia (KSA) is experiencing significant growth, driven by the nation's focus on technological innovation and digital infrastructure. The government's investment in AI-friendly ecosystems, supported by the deployment of 5G networks, is propelling the market forward. This shift has been further facilitated by the increased availability of data, owing to widespread smartphone adoption and improved internet connectivity. The need for generative AI solutions has surged as industries across various sectors, including healthcare, finance, and urban development, embrace AI technologies.
The rise of data-driven decision-making in these sectors highlights the increasing reliance on AI algorithms. In healthcare, AI aids in diagnostics and personalized treatment, while in finance, it powers fraud detection and risk assessment. However, the growing digitalization also brings challenges such as the need for robust cybersecurity measures to protect sensitive data from malicious attacks. Cybersecurity risks, particularly for sectors such as healthcare and finance, further amplify the demand for advanced AI solutions to safeguard data privacy and integrity.
The government's ongoing support for AI research and development fosters an environment conducive to innovation. New entrants, both local and international, are capitalizing on this growing market, introducing fresh perspectives and technologies. This influx of players intensifies competition, pushing the demand for generative AI even higher. Furthermore, businesses and consumers alike are increasingly turning to generative AI for customized products and services, elevating the bargaining power of buyers in this rapidly evolving landscape. The continuous drive for improvement, coupled with strategic partnerships, ensures that demand for generative AI will remain robust in Saudi Arabia’s future.
KSA GenAI Market Report Highlights
The software segment, based on component, dominated the KSA GenAI market share in 2024, owing to government initiatives for rapid technology adoption, data availability, and AI adoption across sectors such as healthcare, finance, and content generation.
The diffusion networks segment, by technology, is expected to grow rapidly during the forecast period, driven by advanced models used in drug discovery, virtual reality, and content creation for high-quality data generation.
A few global key market players include Amazon Web Services, Adobe, Microsoft Corporation, Meta, Hewlett Packard Enterprise, SAP SE, Intel, Oracle Corporation, Salesforce, NVIDIA, Google, Mozn, Deloitte, and Samsung.
Polaris Market Research has segmented the KSA Generative AI market report on the basis of component, technology, and end use:
By Component Outlook (Revenue, USD Million, 2021–2034)
Software
Services
By Technology Outlook (Revenue, USD Million, 2021–2034)
Generative Adversarial Networks
Transformers
Variational Auto-Encoders
Diffusion Networks
By End Use Outlook (Revenue, USD Million, 2021–2034)
Media & Entertainment
BFSI
IT & Telecommunication
Healthcare
Automotive & Transportation
Government Services
Tourism
Real Estate and Construction
Enterprise Productivity
Industrial Engineering
Education
Others
- Chapter 1.Introduction
- 1.1Report Description
- 1.1.1Objective of the Study
- 1.1.2Market Scope
- 1.1.3Assumptions
- 1.2Stakeholders
- Chapter 2.Research Methodology
- 2.1Research Methodology
- 2.2Research Scope and Assumptions
- 2.3Information Procurement
- 2.3.1Purchased Database
- 2.3.2Internal Database
- 2.3.3Secondary Sources
- 2.3.4Third Party Perspective
- 2.3.5Primary Research
- 2.4Information Analysis
- 2.4.1Data Analysis Models
- 2.5Market Formulation and Data Visualization
- 2.6Data Validation and Publishing (Secondary Sources)
- Chapter 3.Executive Summary
- Chapter 4.Market Insights
- 4.1KSA Generative AI – Industry Snapshot
- 4.2SA Generative AI Market - Value Chain Analysis
- 4.3KSA Generative AI Market Dynamics
- 4.3.1Drivers and Opportunities
- 4.3.1.1Saudi Arabia Accelerates Generative AI Adoption and Innovation
- 4.3.1.2Increasing Digital Infrastructure
- 4.3.2Restraints and Challenges
- 4.3.2.1Risk associated with data breaches and sensitive information leak
- 4.4KSA Generative AI Market – Porter’s Five Forces
- 4.4.1Threat of Substitutes (Moderate to High):
- 4.4.2Threat of New Entrants (Moderate to High)
- 4.4.3Bargaining Power of Buyers (High)
- 4.4.4Bargaining Power of Suppliers (Moderate)
- 4.4.5Competitive Rivalry (High)
- 4.5KSA Generative AI Market – PESTLE Analysis
- 4.6Covid-19 Impact Analysis & Industry Trends
- Chapter 5.KSA Generative AI Market Assessment by Component
- 5.1Introduction
- 5.2Software
- 5.3Services
- Chapter 6.KSA Generative AI Market Assessment by Technology
- 6.1Introduction
- 6.2Generative Adversarial Networks
- 6.3Transformers
- 6.4Variational Auto-Encoders
- 6.5Diffusion Networks
- Chapter 7.KSA Generative AI Market Assessment by End Use
- 7.1Introduction
- 7.2Media & Entertainment
- 7.3BFSI
- 7.4IT & Telecommunication
- 7.5Healthcare
- 7.6Automotive & Transportation
- 7.7Government Services
- 7.8Tourism
- 7.9Real Estate and Construction
- 7.10Enterprise Productivity
- 7.11Industrial Engineering
- 7.12Education
- 7.13Others
- Chapter 8.Competitive Landscape
- 8.1Product Development and Launches are the Best Adopted Strategy by the Companies
- 8.2Strategy Framework
- 8.3Vendor Landscape
- 8.4Strategies Categorization
- 8.4.1Product Launch
- 8.4.2Partnership/ Collaboration/ Investment
- 8.4.3Expansions/Acquisition
- Chapter 9.Company Profiles
- 9.1Adobe
- 9.1.1Business Overview
- 9.1.2Financial Snapshot
- 9.1.2.1Revenue by Region
- 9.1.3Products and Services
- 9.1.4Recent Developments
- 9.2Hewlett Packard Enterprise
- 9.2.1Business Overview
- 9.2.2Financial Snapshot
- 9.2.2.1Revenue by Market Segment
- 9.2.3Products and Services
- 9.2.4Recent Developments
- 9.3Oracle Corporation
- 9.3.1Business Overview
- 9.3.2Financial Snapshot
- 9.3.2.1Net Sales by Region
- 9.3.3Products and Services
- 9.3.4Recent Developments
- 9.4Meta Platforms, Inc.
- 9.4.1Business Overview
- 9.4.2Financial Snapshot
- 9.4.2.1Revenue by Market Segment
- 9.4.2.2Revenue by Region
- 9.4.3Products and Services
- 9.4.4Recent Developments
- 9.5SAP SE
- 9.5.1Business Overview
- 9.5.2Financial Snapshot
- 9.5.2.1Revenue by Market Segment
- 9.5.2.2Revenue by Region
- 9.5.3Products and Services
- 9.5.4Recent Developments
- 9.6NVIDIA Corporation
- 9.6.1Business Overview
- 9.6.2Financial Snapshot
- 9.6.2.1Revenue by Market Segment
- 9.6.2.2Revenue by Region
- 9.6.3Products and Services
- 9.6.4Recent Developments
- 9.7Amazon Web Services, Inc
- 9.7.1Business Overview
- 9.7.2Financial Snapshot
- 9.7.2.1Net Sales by Segment
- 9.7.2.1Net Sales by Countries
- 9.7.3Products and Services
- 9.7.4Recent Developments
- 9.8Microsoft
- 9.8.1Business Overview
- 9.8.2Financial Snapshot
- 9.8.2.1Revenue by Segment
- 9.8.3Products and Services
- 9.8.4Recent Developments
- 9.9Google LLC
- 9.9.1Business Overview
- 9.9.2Financial Snapshot
- 9.9.2.1Revenue by Region
- 9.9.3Products and Services
- 9.9.4Recent Developments
- 9.10MOZN
- 9.10.1Business Overview
- 9.10.2Products and Services
- 9.10.3Recent Developments
- 9.11Deloitte
- 9.11.1Business Overview
- 9.11.2Financial Snapshot
- 9.11.2.1Revenue by Business
- 9.11.2.2Revenue by Region
- 9.11.3Products and Services
- 9.11.4Recent Developments
- 9.12Salesforce, Inc.
- 9.12.1Business Overview
- 9.12.2Financial Snapshot
- 9.12.2.1Revenue by Region
- 9.12.3Products and Services
- 9.12.4Recent Developments
- 9.13Samsung
- 9.13.1Business Overview
- 9.13.2Financial Snapshot
- 9.13.2.1Revenue by Region
- 9.13.2.2Revenue by Segment
- 9.13.3Products and Services
- 9.13.4Recent Developments
- 9.14Intel Corporation
- 9.14.1Business Overview
- 9.14.2Financial Snapshot
- 9.14.2.1Revenue by Region
- 9.14.2.2Revenue by Segment
- 9.14.3Products and Services
- 9.14.4Recent Developments
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