Saudi Arabia No Code Ai Platform Market Size & Outlook
Saudi Arabia no code ai platform market, 2018-2030 (US$M)
Related Markets
Saudi Arabia no code ai platform market highlights
- The Saudi Arabia no code ai platform market generated a revenue of USD 51.5 million in 2023 and is expected to reach USD 444.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 36.1% from 2024 to 2030.
- In terms of segment, no-code ai platforms was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
No code ai platform market data book summary
| Market revenue in 2023 | USD 51.5 million |
| Market revenue in 2030 | USD 444.3 million |
| Growth rate | 36.1% (CAGR from 2023 to 2030) |
| Largest segment | No-code ai platforms |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | No-code AI Platforms, Services |
| Key market players worldwide | Amazon.com Inc, Apple Inc, Caspio, Alphabet Inc Class A, Microsoft Corp |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.3% of the global no code ai platform 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 no code ai platform market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 444.3 million by 2030.
No-code ai platforms was the largest segment with a revenue share of 76.7% in 2023. Horizon Databook has segmented the Saudi Arabia no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
One of the key trends in the no-code AI platform market in Saudi Arabia is the increasing focus on leveraging platforms to drive advancements in renewable energy and environmental sustainability.
Government agencies and businesses in Saudi Arabia are turning to no-code AI platforms to develop applications that optimize energy usage, enhance waste management, and promote eco-friendly practices. The trend aligns with Saudi Arabia's Vision 2030 program, emphasizing sustainability and innovation as the key pillars for the nation's future development.
A trend in Saudi Arabia is the use of no-code AI platforms for visual data analysis. Businesses are using these platforms to develop applications that enable automated image recognition, quality control, and smart surveillance systems. This showcases the country’s commitment to leveraging computer vision for diverse applications across various industries and industry verticals.
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No Code AI Platform Market Scope
No Code AI Platform Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia no code ai platform market size, by component, 2018-2030 (US$M)
Saudi Arabia No Code AI Platform Market Outlook Share, 2023 & 2030 (US$M)
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