Saudi Arabia AI Market Forecast 2020 – 2027 – Top Key Players Analysis

1. Saudi Arabia AI Market Saudi Arabia AI Market by Offering (Hardware, Software, and Services), By Technology (Machine Learning, Natural Language Processing, Computing, and Computer Vision), By Type (Narrow/Weak General/Strong AI), and By End-User Industry – Opportunities & Forecast, 2020- 2027 Context-Aware AI and GMI Research GMI Research See the Future Insights 1

2. The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape. Drivers of the Saudi Arabia AI Market: The major factor boosting the growth of the Saudi Arabia AI market include the growing adoption of advanced technologies to improve their research & development activities by several industries such as retail, defense, healthcare, automotive, oil & gas, and manufacturing. AI offers accessibility to historical data to various sectors while enabling government agencies & healthcare institutions to construct unstructured data that is accessible to the research domain. AI allows researchers and scientists to develop technologies at a faster rate by offering access to rich datasets and advanced computing infrastructure. There is an increasing demand for AI in different industries such as aerospace, healthcare, automotive, and manufacturing, owing to the progress in Artificial Neural Networks (ANN). Generative Adversarial Networks (GAN) and Single Shot Multibox Detector (SSD) have offered techniques for digital image processing. This has raised the adoption of digital image processing in areas such as security & surveillance, healthcare, and transportation. All these factors propel the growth of the AI market in Saudi Arabia. Furthermore, the Saudi Arabia government build the Saudi Data and Artificial Intelligence Authority (SDAIA) in 2019 to supervise AI strategies and initiatives with an aim to generate more revenue and energize Saudi Arabia’s economy. These initiatives are projected to accelerate the growth of the Saudi Arabia AI market. Segmentation of the Saudi Arabia AI Market: By Offering: 2

3. •Hardware oProcessors ▪MPU ▪GPU ▪FPGA ▪Others oMemory oNetwork •Software oAL Platforms ▪Application Program Interface (API) ▪Machine Learning Framework oAL Solutions ▪On Premises ▪Cloud •Services oDeployment & Integration oSupport & maintenance By Technology: •Machine Learning oDeep Learning oSupervised Learning oUnsupervised Learning oReinforcement Learning oGenerative Adversarial Networks (GANS) oOthers •Natural Language Processing (NLP) •Context-Aware Computing •Computer Vision By Type: •Narrow/Week AI •General/Strong AI By End-User Industry: 3

4. •Healthcare oPatient Data & Risk Analysis oLifestyle Management & Monitoring oPrecision Medicine oInpatient Care & Hospital Management oMedical Imaging & Diagnostics oDrug Discovery oVirtual Assistant oWearables oResearch •Manufacturing oMaterial Movement oPredictive Maintenance and Machinery Inspection oProduction Planning oField Services oReclamation oQuality Control •Automotive oAutonomous Driving oHmi oSemiautonomous Driving •Agriculture oPrecision Farming oLivestock Monitoring oDrone Analytics oAgricultural Robots oOthers •Retail oProduct Recommendation and Planning oCustomer Relationship Management oVisual Search oVirtual Assistant oPrice Optimization 4

5. oPayment Services Management oSupply Chain Management and Demand Planning oOthers •Security oIdentity and Access Management oRisk and Compliance Management oEncryption oData Loss Prevention oUnified Threat Management oAntivirus/Antimalware oIntrusion Detection/Prevention Systems oOthers •Human Resources oVirtual Assistant oApplicant Tracking & Assessment oPersonalized Learning and Development oHR Analytics oJob Recommendation oSentiment Analysis •Marketing oSocial Media Advertising oSearch Advertising oDynamic Pricing oVirtual Assistant oContent Curation oSales & Marketing Automation oAnalytics Platform oOthers •Law oEdiscovery oLegal Research oContract Analysis oCase Prediction 5

6. oCompliance oOthers •Fintech oVirtual Assistant oBusiness Analytics & Reporting oCustomer Behaviour Analytics oOthers •Construction oProject Management oField Management oRisk Management oSchedule Management •Defense oWarfare Platform oCyber Security oTarget Recognition oBattlefield Healthcare oSimulation & Training oPlanning & Allocation oThreat Monitoring & Situational Awareness oInformation Processing oOthers •Aerospace oSmart Maintenance oFlight Operations oTraining oSurveillance oVirtual Assistants oDynamic Pricing oManufacturing oOthers •Supply chain oFleet Management 6

7. oSupply Chain Planning oWarehouse Management oVirtual Assistant oRisk Management oFreight Brokerage oOthers •Building Automation •Consumer •Food & Beverage •Gaming •Media and Entertainment •Telecommunication oPredictive Maintenance & Machine Inspection oCustomer Analytics oNetwork Security oNetwork Optimization oSelf-Diagnostics oVirtual Assistance oOthers •Oil & Gas oPredictive Maintenance & Machine Inspection oMaterial Movement oProduction Planning oField Services oQuality Control oReclamation About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. 7

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