Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), By Component (Hardware, Software), By Function (Training, Inference), By Application (Industrial, Non-industrial), By End Use (Automotive, Consumer Electronics, Healthcare, Retail, Security & Surveillance, Manufacturing, Agriculture, Transportation & Logistics) And Competitive Landscape
Product Code: ETC4620196 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Middle East AI in Computer Vision Market |
Forecast Period | 2025-2031 |
CAGR | 28.7% |
Growing Sector | Industrial |
Middle East AI in Computer Vision Market report thoroughly covers the market by component, function, application, end use and counties. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Middle East AI in computer vision market is experiencing robust growth, driven by advancements in deep learning, significant R&D investments, and supportive government initiatives. The Middle East AI in computer vision market is experiencing robust growth, driven by advancements in deep learning, significant R&D investments, and supportive government initiatives.
According to 6Wresearch, Middle East AI in Computer Vision Market size is expected to grow at a significant CAGR of 28.7% during 2025-2031. The Middle East's AI computer vision market is expanding due to a number of important aspects. Computer vision technology is in high demand as a means of streamlining operations and lowering human error due to the growing need for automation and efficiency across industries. A conducive environment for technological innovation is being created by large investments made in AI research and development by both public and private entities. The extensive use of smart devices, such cameras and smartphones, has produced a lot of visual data that computer vision can use. Furthermore, the emergence of AI and computer vision-focused businesses and tech hubs is stimulating innovation and accelerating market expansion.
The Middle Eastern market for AI in computer vision has obstacles despite its potential for expansion. The lack of qualified personnel is a significant problem that makes using this technology more difficult. Furthermore, because computer vision relies on visual data, there are substantial data privacy problems that call for strong security measures to protect sensitive information. An further obstacle that can prevent the adoption and efficacy of AI and computer vision technologies in the area is the region's inadequate technological infrastructure. In order to realize the market's full potential and make sure that cutting-edge technology are successfully integrated, it is imperative that these issues be resolved.
Microsoft Corporation, Intel Corporation, Amazon Web Services Inc., Google LLC, IBM Corporation, Huawei Technologies Co., Ltd., and Nvidia Corporation are some of the major companies driving innovation in the Middle East AI computer vision sector. In order to improve their computer vision capabilities and provide innovative solutions, these companies are making significant investments in research and development.
Middle Eastern governments are actively encouraging the use of AI and computer vision. For example, the United Arab Emirates (UAE) introduced the "UAE Strategy for Artificial Intelligence" with the goal of making the nation a leader in AI globally. In a similar vein, Saudi Arabia's Vision 2031 plan includes projects to develop AI capabilities and promote industry innovation. These government-backed initiatives aim to advance technical advancement, boost the competitiveness of the area, and incorporate AI into a range of sectors, thereby promoting the creation and application of state-of-the-art computer vision technology.
Growing R&D expenditures, government regulations that are supportive of the industry, and developments in deep learning algorithms are expected to propel the Middle East's AI computer vision market forward. This technology will have a big impact on a lot of different businesses since it will make things more efficient and encourage creativity. The market is anticipated to rise and spread as companies use AI and computer vision technologies more frequently. It is imperative that businesses in the area keep abreast of the most recent advancements and make use of these technology to propel their business forward.
According to Dhaval, Research Manager, 6Wresearch, the market is anticipated to grow at the quickest rate in the software sector. This is explained by the growing need for sophisticated computer vision software solutions brought about by the expanding use of deep learning algorithms and artificial intelligence across a range of industries.
On the basis of application, the Middle Eastern market's most popular use of AI in computer vision is in the industrial sector. This is explained by the fact that manufacturing, logistics, and other sectors of the economy that depend heavily on automation and efficiency employ this technology extensively.
Saudi Arabia's government places a high priority on fostering innovation and technology, which is why it is predicted to lead the Middle East's AI in computer vision market. Because of its dedication to technical development, Saudi Arabia is probably going to hold the biggest market share in the area.
The Middle East AI in Computer Vision Market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East AI In Computer Vision Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East AI In Computer Vision Market Revenues & Volume, 2021 & 2031F |
3.3 Middle East AI In Computer Vision Market - Industry Life Cycle |
3.4 Middle East AI In Computer Vision Market - Porter's Five Forces |
3.5 Middle East AI In Computer Vision Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Middle East AI In Computer Vision Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Middle East AI In Computer Vision Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Middle East AI In Computer Vision Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Middle East AI In Computer Vision Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Middle East AI In Computer Vision Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East AI In Computer Vision Market Trends |
6 Saudi Arabia AI In Computer Vision Market, 2021-2031 |
6.1.1 Saudi Arabia AI In Computer Vision Market, Revenues & Volume, By Component, 2021-2031 |
6.1.2 Saudi Arabia AI In Computer Vision Market, Revenues & Volume, By Function, 2021-2031 |
6.1.3 Saudi Arabia AI In Computer Vision Market, Revenues & Volume, By Application, 2021-2031 |
6.1.4 Saudi Arabia AI In Computer Vision Market, Revenues & Volume, By End Use, 2021-2031 |
7 UAE AI In Computer Vision Market, 2021-2031 |
7.1 UAE AI In Computer Vision Market, Revenues & Volume, By Component, 2021-2031 |
7.2 UAE AI In Computer Vision Market, Revenues & Volume, By Function, 2021-2031 |
7.3 UAE AI In Computer Vision Market, Revenues & Volume, By Application, 2021-2031 |
7.4 UAE AI In Computer Vision Market, Revenues & Volume, By End Use, 2021-2031 |
8 Qatar AI In Computer Vision Market, 2021-2031 |
8.1 Qatar AI In Computer Vision Market, Revenues & Volume, By Component, 2021-2031 |
8.2 Qatar AI In Computer Vision Market, Revenues & Volume, By Function, 2021-2031 |
8.3 Qatar AI In Computer Vision Market, Revenues & Volume, By Application, 2021-2031 |
8.4 Qatar AI In Computer Vision Market, Revenues & Volume, By End Use, 2021-2031 |
9 Kuwait AI In Computer Vision Market, 2021-2031 |
9.1 Kuwait AI In Computer Vision Market, Revenues & Volume, By Component, 2021-2031 |
9.2 Kuwait AI In Computer Vision Market, Revenues & Volume, By Function, 2021-2031 |
9.3 Kuwait AI In Computer Vision Market, Revenues & Volume, By Application, 2021-2031 |
9.4 Kuwait AI In Computer Vision Market, Revenues & Volume, By End Use, 2021-2031 |
10 Oman AI In Computer Vision Market, 2021-2031 |
10.1 Oman AI In Computer Vision Market, Revenues & Volume, By Component, 2021-2031 |
10.2 Oman AI In Computer Vision Market, Revenues & Volume, By Function, 2021-2031 |
10.3 Oman AI In Computer Vision Market, Revenues & Volume, By Application, 2021-2031 |
10.4 Oman AI In Computer Vision Market, Revenues & Volume, By End Use, 2021-2031 |
11 Bahrain AI In Computer Vision Market, 2021-2031 |
11.1 Bahrain AI In Computer Vision Market, Revenues & Volume, By Component, 2021-2031 |
11.2 Bahrain AI In Computer Vision Market, Revenues & Volume, By Function, 2021-2031 |
11.3 Bahrain AI In Computer Vision Market, Revenues & Volume, By Application, 2021-2031 |
11.4 Bahrain AI In Computer Vision Market, Revenues & Volume, By End Use, 2021-2031 |
12 Turkey AI In Computer Vision Market, 2021-2031 |
12.1 Turkey AI In Computer Vision Market, Revenues & Volume, By Component, 2021-2031 |
12.2 Turkey AI In Computer Vision Market, Revenues & Volume, By Function, 2021-2031 |
12.3 Turkey AI In Computer Vision Market, Revenues & Volume, By Application, 2021-2031 |
12.4 Turkey AI In Computer Vision Market, Revenues & Volume, By End Use, 2021-2031 |
13 Rest of Middle East AI In Computer Vision Market, 2021-2031 |
13.1 Rest of Middle East AI In Computer Vision Market, Revenues & Volume, By Component, 2021-2031 |
13.2 Rest of Middle East AI In Computer Vision Market, Revenues & Volume, By Function, 2021-2031 |
13.3 Rest of Middle East AI In Computer Vision Market, Revenues & Volume, By Application, 2021-2031 |
13.4 Rest of Middle East AI In Computer Vision Market, Revenues & Volume, By End Use, 2021-2031 |
14 Middle East AI In Computer Vision Market Key Performance Indicators |
15 Middle East AI In Computer Vision Market - Opportunity Assessment |
15.1 Middle East AI In Computer Vision Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Middle East AI In Computer Vision Market Opportunity Assessment, By Component, 2021 & 2031F |
15.3 Middle East AI In Computer Vision Market Opportunity Assessment, By Function, 2021 & 2031F |
15.4 Middle East AI In Computer Vision Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Middle East AI In Computer Vision Market Opportunity Assessment, By End Use, 2021 & 2031F |
16 Middle East AI In Computer Vision Market - Competitive Landscape |
16.1 Middle East AI In Computer Vision Market Revenue Share, By Companies, 2024 |
16.2 Middle East AI In Computer Vision Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |