Saudi Arabia Machine Learning Market Valued at USD 834 MILLION IN 2024, Growing at an 11.5% CAGR - Exclusive Report by MarkNtel Advisors

Market Insights and Analysis: Saudi Arabia Machine Learning Market Overview and Projections (2023-2028)

The Saudi Arabia Machine Learning Market size is valued at around USD 834 million in 2024 and is estimated to grow at a CAGR of around 11.5% during the forecast period, i.e., 2023-28.

Top leading companies in the Saudi Arabia Machine Learning Market includes:

Baidu, Takamul Smart Technology, IBM Inc., Amazon Web Services, Dataiku, SAP SE, Google Inc., Intel Corporation, CISCO Systems, SAS Institute, Others

Recent Development:

In 2023, Deloitte announced to set up of an AI Institute in Riyadh Saudi Arabia with a special focus on generative AI & machine learning. The institute would develop customized solutions to meet the demand for AI & ML in Saudi Arabia and the Middle East Market.
In 2023, Tachyum entered into a Memorandum of Understanding with Watad Energy & Communication Co. Ltd. to provide cutting-edge computing solutions such as AI, ML, edge computing etc.

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Report Segmentation:

The market is categorized into the following segments in the report:

By Application

-Data Processing

-Feature Engineering

-Modelling

-Visualization

-Fraud Detection & Security

-Supply Chain Management & Demand Forecasting

-Others (Robotics, Predictive Maintenance, etc.)

The advent of digitalization in Saudi Arabia in almost every sector including IT, healthcare, education, etc. has led to the creation of large databases and big data.

By Deployment Mode

-Cloud

-On-Premise

By Organization Size

-Large Enterprises

-SMEs

By Services

-Professional Services

-Managed Services

By End User

-BFSI

-Healthcare

-Retail

-Telecommunication

-IT & Telecom

-Manufacturing

-Others (Education, Energy & Utilities, etc.)

Explore Our Comprehensive Study Reports – https://www.marknteladvisors.com/research-library/saudi-arabia-machine-learning-market.html

Saudi Arabia Machine Learning Market Geographic Reach:

The Geographic Reach of the Olive Market evaluates the spread and significance of Saudi Arabia Machine Learning Market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.

Central
East
West
South

Note: If you require specific information not covered in the current report, we can provide it through customized option

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