UAE Artificial Intelligence Market Size & Outlook
The artificial intelligence market in the UAE is expected to reach a projected revenue of US$ 54,693.6 million by 2030. A compound annual growth rate of 46.4% is expected of the UAE artificial intelligence market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,795.8
Forecast, 2030 (US$M)
$54,693.6
CAGR, 2024 - 2030
46.4%
Report Coverage
UAE
UAE artificial intelligence market, 2017-2030 (US$M)
Related Markets
UAE artificial intelligence market highlights
- The UAE artificial intelligence market generated a revenue of USD 3,795.8 million in 2023 and is expected to reach USD 54,693.6 million by 2030.
- The UAE market is expected to grow at a CAGR of 46.4% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating solution in 2023.
- Services is the most lucrative solution segment registering the fastest growth during the forecast period.
Artificial intelligence market data book summary
| Market revenue in 2023 | USD 3,795.8 million |
| Market revenue in 2030 | USD 54,693.6 million |
| Growth rate | 46.4% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Advanced Micro Devices Inc, AiCure, ARM Holdings PLC ADR, Baidu Inc ADR, Alphabet Inc Class A, International Business Machines Corp, Intel Corp, Microsoft Corp, NVIDIA Corp |
Other key industry trends
- In terms of revenue, UAE accounted for 1.9% of the global artificial intelligence market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia artificial intelligence market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 54,693.6 million by 2030.
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Artificial Intelligence Market Scope
Artificial intelligence market segmentation & scope
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Artificial Intelligence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE artificial intelligence market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 35.89% in 2023. Horizon Databook has segmented the UAE artificial intelligence market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.
- UAE Artificial Intelligence Solution Outlook (Revenue, USD Million, 2017-2030)
- Hardware
- Accelerators
- Processors
- Memory
- Network
- Software
- Services
- Professional Services
- Managed Services
- Hardware
- UAE Artificial Intelligence Technology Outlook (Revenue, USD Million, 2017-2030)
- Deep Learning
- Machine Learning
- Natural Language Processing (NLP)
- Machine Vision
- Generative AI
- UAE Artificial Intelligence End Use Outlook (Revenue, USD Million, 2017-2030)
- Healthcare
- Robot Assisted Surgery
- Virtual Nursing Assistants
- Hospital Workflow Management
- Dosage Error Reduction
- Clinical Trial Participant Identifier
- Preliminary Diagnosis
- Automated Image Diagnosis
- BFSI
- Risk Assessment
- Financial Analysis/Research
- Investment/Portfolio Management
- Others
- Law
- Retail
- Advertising & Media
- Automotive & Transportation
- Agriculture
- Manufacturing
- Others (Oil & Gas, Education, Aerospace & Defense, Cybersecurity )
- Healthcare
- UAE Artificial Intelligence Function Outlook (Revenue, USD Million, 2017-2030)
- Cybersecurity
- Finance and Accounting
- Human Resource Management
- Legal and Compliance
- Operations
- Sales and Marketing
- Supply Chain Management
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Target buyers of UAE artificial intelligence market databook
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Our clientele includes a mix of artificial intelligence market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE artificial intelligence market , including forecasts for subscribers. This country databook contains high-level insights into UAE artificial intelligence market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UAE artificial intelligence market size, by solution, 2017-2030 (US$M)
UAE Artificial Intelligence Market Outlook Share, 2023 & 2030 (US$M)
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