Saudi Arabia artificial intelligence market is expected to grow at a steady rate during the forecast period. Ongoing government initiatives such as Saudi Arabia’s Vision 2030 and introduction of National Artificial Intelligence Strategy is the major driver for the growth of artificial intelligence market in the forecast period. Saudi Arabia’s Vision 2030 aims to transform the cities into smart cities to enhance the connectivity between cities as it focuses on the integration of data and artificial intelligence. According to the Saudi Arabia Vision, the construction of Neom city which would be an artificial intelligence-based megacity is expected to create lucrative opportunities for market growth. Neom city is expected to integrate artificial intelligence and robotics using advanced technologies such as the internet of things, blockchain, among others which is expected to foster the demand for the artificial intelligence market in the next five years. The oil industry holds the major source of revenue for Saudi Arabia and the government is seeking ways to digitize the process to gain maximum revenue through it which in turn is boosting the growth of the artificial intelligence market. The government is launching different initiatives to fuel the growth of the artificial intelligence market in Saudi Arabia in order to reduce its dependence on the oil industry and diversify its revenue-generating sources.

The Saudi Arabia artificial intelligence market is segmented into offering, technology, application, end user, regional distribution, and company. Based on application, the market can be divided into surveillance, cybersecurity, marketing, chatbots, human resource management, and others. The marketing application segment is expected to witness growth in the forecast period, 2022-2026. Artificial intelligence is used in marketing for advertising and media purposes. The growth in the demand for artificial intelligence in the marketing industry is due to the fact that there is a high chance of conversion when interactive marketing is done by the key players.

The major players operating on the artificial intelligence market are International Business Machines Corporation, Huawei Technologies Co., Ltd., Siemens AG, Microsoft Arabia, Oracle Corporation, Alphabet Inc., Intel Corporation, Samsung Saudi Arabia Company Limited, Advanced Micro Devices, NVIDIA Corporation, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze and estimate the market size of Saudi Arabia artificial intelligence market from 2016 to 2019.
  • To estimate and forecast the market size of Saudi Arabia artificial intelligence market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast Saudi Arabia artificial intelligence market based on offering, technology, application, end user, regional distribution, and company.
  • To identify dominant region or segment in the Saudi Arabia artificial intelligence market.
  • To identify drivers and challenges for Saudi Arabia artificial intelligence market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia artificial intelligence market.
  • To identify and analyze the profile of leading players operating in Saudi Arabia artificial intelligence market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia artificial intelligence market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Saudi Arabia artificial intelligence market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research. 

Key Target Audience:

  • Artificial intelligence service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to artificial intelligence market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Saudi Arabia artificial intelligence market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Artificial Intelligence Market, By Offering:
    • Hardware
    • Software
    • Services
  • Saudi Arabia Artificial Intelligence Market, By Technology:
    • Machine Learning
    • Natural Language Processing
    • Others
  • Saudi Arabia Artificial Intelligence Market, By Application:
    • Surveillance
    • Cybersecurity
    • Marketing
    • Chatbots
    • Human Resource Management
    • Other
  • Saudi Arabia Artificial Intelligence Market, By End User:
    • BFSI
    • Healthcare
    • Retail
    • IT & Telecom
    • Government
    • Others
  • Saudi Arabia Artificial Intelligence Market, By Region:
    • Western Region
    • Northern & Central Region
    • Eastern Region
    • Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia artificial intelligence market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Saudi Arabia artificial intelligence market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Saudi Arabia Artificial Intelligence Market

4.    Executive Summary

5.    Saudi Arabia Artificial Intelligence Market Outlook

5.1.  Market Size & Forecast

5.1.1. By Value

5.2.  Market Share & Forecast

5.2.1. By Offering (Hardware, Software, Services)

5.2.2. By Technology (Machine Learning; Natural Language Processing; Others)

5.2.3. By Application (Surveillance, Cybersecurity, Marketing, Chatbots, Human Resource Management, Other)

5.2.4. By End User (BFSI, Healthcare, Retail, IT & Telecom, Government, Others)

5.2.5. By Region

5.2.6. By Company (2020)

5.3.  Product Market Map

6.    Saudi Arabia Hardware Market Outlook

6.1.  Market Size & Forecast          

6.1.1. By Value

6.2.  Market Share & Forecast

6.2.1. By Technology

6.2.2. By Application

6.2.3. By End User

6.2.4. By Region

7.    Saudi Arabia Software Market Outlook

7.1.  Market Size & Forecast          

7.1.1. By Value

7.2.  Market Share & Forecast

7.2.1. By Technology

7.2.2. By Application

7.2.3. By End User

7.2.4. By Region

8.    Saudi Arabia Services Market Outlook

8.1.  Market Size & Forecast          

8.1.1. By Value

8.2.  Market Share & Forecast

8.2.1. By Technology

8.2.2. By Application

8.2.3. By End User

8.2.4. By Region

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Saudi Arabia Economic Profile

13.  Competitive Landscape

13.1.              Company Profiles

13.1.1.   International Business Machines Corporation

13.1.2.   Huawei Technologies Co., Ltd.  

13.1.3.   Siemens AG

13.1.4.   Microsoft Arabia

13.1.5.   Oracle Corporation    

13.1.6.   Alphabet Inc.

13.1.7.   Intel Corporation

13.1.8.   Samsung Saudi Arabia Company Limited

13.1.9.   Advanced Micro Devices

13.1.10. NVIDIA Corporation

14.  Strategic Recommendations

15. About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]