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Showing posts with the label Saudi Arabia Artificial Intelligence Market

Harnessing Innovation: Insights into the Saudi Arabia AI Market

  The   Saudi Arabia AI market   was valued at USD 6.76 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 43.1% between 2025 and 2030. An influx of investments in developing AI solutions and technology adoption across the financial, healthcare, manufacturing, and automotive sectors will bring a paradigm shift in the regional landscape. The penetration of the 4 th  Industrial Revolution and robust policies from governments and businesses have encouraged stakeholders to inject funds into the GCC country. The rising penetration of 5G networks across the end-use industries has boded well for the industry outlook. Moreover, the trend for data-based AI solutions has put the Middle Eastern country in a favorable position. Predominantly, the Saudi Arabian government has injected funds into the technology, combining AI and data into major domains. Amidst rapid urbanization, investments in technology could be pronounced in the ensuing per...