MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET 2019-2027

ICT | AI and IoT

MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET 2019-2027

Market By Industry Verticals, Technology, Organization Size And Geography | Forecast 2019-2027

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Triton's report on the Artificial Intelligence as a Service market in the Middle East & Africa states that the market is expected to grow with a CAGR of 35.05% in the forecast period 2019-2027.

The Middle East & Africa market report considers the countries of:

•           Middle East & Africa

•           United Arab Emirates

•           Turkey

•           Saudi Arabia

•           South Africa

•           Rest of Middle East & Africa

The Middle East and Africa region is the combination of some of the developing and slowly developing countries. The introduction of artificial intelligence in different sectors in this region has increased the market for the companies which provide Artificial Intelligence as a Service. The countries in MEA are making use of AI for day-to-day applications, namely, education, oil & gas and financial systems. These solutions used are giving large benefits to these countries. AI in these sectors is also creating a fourth dimension to look at the decisions made on a particular issue.

Turkey is considered as a developed country in the Middle East. Turkey is expanding the applications in which AI is used. Turkey is handling the data and analyzing it for welfare. AI is being used noticeably in the agricultural sector. It is being used to enhance efficiency by incorporating the latest technology by analyzing large amounts of data that cannot be handled by humans alone, to offer the most apt choice for all conditions.

Saudi Arabia is extremely developed in case of artificial intelligence. A lot of expense has been made by the Saudi government on the research about AI. The country aims to be an international leader in the application of AI-related technology. Saudi Arabia became the first country to grant citizenship to a robot on October 26, 2017. The robot is called Sophia, and is a humanoid produced by Hanson Robotics. Saudi Arabia is home for many companies which are offering services in AI sector. The government policies are completely attracting the market of AI as a service in Saudi Arabia.

Amazon.com, Inc. (Amazon Web Services, Inc.), Centurysoft, Yottamine Analytics, International Business Machines, Fair Isaac Corporation, CognitiveScale, Inc., Salesforce.com, Inc., Vital AI, SAS, Intel, SAP SE, Absolutdata, Apple, Inc., Alphabet, Inc. (Google LLC), Fuzzy.ai, BigML, H2O.ai, DataRobot, Inc. and Microsoft Corporation are some of the leading players in the market.

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Table of Content

1.    ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1. IT & TELECOM IS THE LARGEST SEGMENT BY INDUSTRY VERTICALS

2.2.2. AI CAUSING DISRUPTIONS IN VARIOUS INDUSTRIES

2.2.3. HARDWARE ARCHITECTURE PLAYS A CRUCIAL ROLE FOR CLOUD COMPUTING

2.3. EVOLUTION & TRANSITION OF ARTIFICIAL INTELLIGENCE AS A SERVICE

2.4. PORTER’S FIVE FORCES MODEL

2.4.1. THREAT OF NEW ENTRANTS

2.4.2. THREAT OF SUBSTITUTE

2.4.3. BARGAINING POWER OF SUPPLIERS

2.4.4. BARGAINING POWER OF BUYERS

2.4.5. INTENSITY OF COMPETITIVE RIVALRY

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. MARKET DRIVERS

2.7.1. COST AND TECHNOLOGICAL ADVANTAGES OF AIAAS

2.7.2. RISING CLOUD COMPUTING MARKET

2.8. MARKET RESTRAINTS

2.8.1. LACK OF AWARENESS

2.8.2. AI INTELLIGENCE PROFESSIONAL SHORTAGE

2.9. MARKET OPPORTUNITIES

2.9.1. UNCHARTED MARKETS FOR ARTIFICIAL INTELLIGENCE

2.9.2. ANALYTICAL SOLUTIONS SHOW GROWING TRENDS

2.9.3. GROWING APPLICATION AREAS

2.10.            MARKET CHALLENGES

2.10.1. DATA PRIVACY ISSUES

2.10.2. LACK OF COMPUTING POWER

3.    ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET OUTLOOK - BY INDUSTRY VERTICALS

3.1. BFSI

3.2. IT & TELECOM

3.3. RETAIL

3.4. MANUFACTURING

3.5. PUBLIC SECTOR

3.6. ENERGY UTILITIES

3.7. HEALTHCARE

3.8. OTHERS

4.    ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET OUTLOOK - BY TECHNOLOGY

4.1. MACHINE LEARNING

4.2. COMPUTER VISION

4.3. NATURAL LANGUAGE PROCESSING

4.4. OTHER

5.    ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET OUTLOOK - BY ORGANIZATION SIZE

5.1. SMALL & MEDIUM ENTERPRISE

5.2. LARGE ENTERPRISE

6.    ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET - REGIONAL OUTLOOK

6.1. MIDDLE EAST & AFRICA

6.1.1. UNITED ARAB EMIRATES

6.1.2. TURKEY

6.1.3. SAUDI ARABIA

6.1.4. SOUTH AFRICA

6.1.5. REST OF MIDDLE EAST & AFRICA

7.    COMPETITIVE LANDSCAPE

7.1. ABSOLUTDATA

7.2. ALPHABET, INC. (GOOGLE LLC)

7.3. AMAZON

7.4. APPLE, INC.

7.5. BIGML

7.6. CENTURYSOFT

7.7. COGNITIVESCALE, INC.

7.8. DATAROBOT, INC.

7.9. FAIR ISAAC CORPORATION

7.10. FUZZY.AI 

7.11. H2O.AI

7.12. INTEL

7.13. INTERNATIONAL BUSINESS MACHINES

7.14. MICROSOFT CORPORATION

7.15. SALESFORCE

7.16. SAP SE

7.17. SAS

7.18. VITAL AI

7.19. YOTTAMINE ANALYTICS

8.    RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.1.1. OBJECTIVES OF STUDY

8.2. SOURCES OF DATA

8.2.1. PRIMARY DATA SOURCES

8.2.2. SECONDARY DATA SOURCES

8.3. RESEARCH METHODOLOGY

8.3.1. EVALUATION OF PROPOSED MARKET

8.3.2. IDENTIFICATION OF DATA SOURCES

8.3.3. ASSESSMENT OF MARKET DETERMINANTS

8.3.4. DATA COLLECTION

8.3.5. DATA VALIDATION & ANALYSIS

List of Tables

TABLE 1:       MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2:       VENDOR SCORECARD

TABLE 3:       MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY INDUSTRY VERTICALS, 2019-2027 (IN $ MILLION)

TABLE 4:       MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)

TABLE 5:       MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)

TABLE 6:       MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1:     MARKET ATTRACTIVENESS INDEX

FIGURE 2:     MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY BFSI, 2019-2027 (IN $ MILLION)

FIGURE 3:     MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY IT & TELECOM, 2019-2027 (IN $ MILLION)

FIGURE 4:     MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)

FIGURE 5:     MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)

FIGURE 6:     MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY PUBLIC SECTOR, 2019-2027 (IN $ MILLION)

FIGURE 7:     MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY ENERGY UTILITIES, 2019-2027 (IN $ MILLION)

FIGURE 8:     MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)

FIGURE 9:     MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 10:  MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY MACHINE LEARNING, 2019-2027 (IN $ MILLION)

FIGURE 11:  MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY COMPUTER VISION, 2019-2027 (IN $ MILLION)

FIGURE 12:  MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY NATURAL LANGUAGE PROCESSING, 2019-2027 (IN $ MILLION)

FIGURE 13:  MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY OTHER, 2019-2027 (IN $ MILLION)

FIGURE 14:  MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY SMALL & MEDIUM ENTERPRISE, 2019-2027 (IN $ MILLION)

FIGURE 15:  MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY LARGE ENTERPRISE, 2019-2027 (IN $ MILLION)

FIGURE 16:  MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 17:  UNITED ARAB EMIRATES ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 18:  TURKEY ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 19:  SAUDI ARABIA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 20:  SOUTH AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 21:  REST OF MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)

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