Saudi Arabia Generative AI Market, By Component (Software, Service); By Technology (Generative Adversarial Networks (GANs), Transformers, Variational Auto-encoders (VAE), Diffusion Networks, Retrieval Augmented Generation); By Data Modality (Text, Image,

Saudi Arabia Generative AI Market, By Component (Software, Service); By Technology (Generative Adversarial Networks (GANs), Transformers, Variational Auto-encoders (VAE), Diffusion Networks, Retrieval Augmented Generation); By Data Modality (Text, Image, Audio & Speech, Code); By Application (Business Intelligence & Visualization, Content Management, Synthetic Data Management, Search & Discovery, Automation & Integration); By End Use (Media & Entertainment, BFSI, IT & Telecommunications, Healthcare, Automotive & Transportation), Trend Analysis, Competitive Landscape & Forecast, 2019–2030


Saudi Arabia Generative AI Market Size Exploding 5.4X at Impressive CAGR to Touch Excellent Value of USD 2.5 Billion by 2030
Saudi Arabia Generative AI Market is flourishing due to the government’s supportive initiatives and Vision 2030 to promote investments in emerging technologies including AI, rapid digitalization across various sectors, and growing tech-savvy population.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Saudi Arabia Generative AI Market size by value at USD 452.18 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Saudi Arabia Generative AI Market size to expand at a CAGR of 7.54% reaching a value of USD 2,467.12 million by 2030. The Generative AI market in Saudi Arabia is propelled by the Saudi Government’s increasing focus on the growing adoption of technological advancements and digital transformation as part of Vision 2030. The adoption of generative AI is rapidly growing across sectors, such as healthcare, finance, education, and entertainment, reflecting the Kingdom's commitment to becoming a knowledge-based economy. Government initiatives, including the creation of AI centers and the promotion of digital inclusivity, are pivotal in driving this expansion. Despite challenges like a talent shortage and regulatory hurdles, the competitive landscape in Saudi Arabia's generative AI market is becoming more dynamic, with both established companies and emerging startups vying for prominence. This growing sector is set to revolutionize industries, drive economic growth, and elevate the quality of life across the Kingdom.

Opportunity – Increasing adoption of telemedicine and AI in personalized medicine

Generative AI is revolutionizing personalized medicine, enhancing precision health through vast data-driven insights and predictive analytics. By harnessing healthcare data, AI technologies are transforming care delivery with tailored, efficient, and patient-centric solutions. Innovations such as virtual agents, chatbots, and telemedicine platforms facilitate seamless remote care, improving patient experiences and outcomes. AI supports clinical decision-making and operational efficiencies, making healthcare more accessible and effective. As AI adoption grows, it bridges gaps in patient care and integrates seamlessly into healthcare systems, promising a future of more personalized, predictive, and precise medical services. The convergence of AI and telemedicine is thus central to the evolution of personalized medicine.

Impact of Escalating Geopolitical Tensions on Saudi Arabia Generative AI Market

Geopolitical tensions can have a multifaceted impact on the Saudi Arabia Generative AI Market. Such instability can disrupt investment flows, delay technology collaborations, and hinder access to global talent and resources essential for AI development. Increased focus on national security may divert funding from technological innovation to defense. Additionally, geopolitical conflicts might complicate partnerships with international AI firms and restrict the import of crucial AI technologies. Despite these challenges, Saudi Arabia's commitment to Vision 2030 and strategic investments in AI could help mitigate these risks and maintain momentum in advancing its generative AI sector.

Saudi Arabia Generative AI Market
Segmental Coverage
Saudi Arabia Generative AI Market – By End Use

Based on end use, the Saudi Arabia Generative AI Market is divided into Media & Entertainment, BFSI, IT & Telecommunications, Healthcare, Automotive & Transportation, and Gaming segments. The IT & telecommunications segment holds the highest share in the Saudi Arabia Generative AI Market by end use. The segment’s dominance stems from substantial investments in AI infrastructure and burgeoning applications across software and internet platforms. The region's strategic focus on digital innovation positions IT & telecommunications at the forefront of generative AI adoption. The Kingdom’s initiatives integrating AI into communication and financial technologies underscore the sector's pivotal role in driving generative AI growth within MENA (Middle East and North Africa). As the region embraces an 'AI-first' approach, IT & Telecommunication is expected to lead in deploying AI-native platforms, ensuring substantial advancements and competitive advantages in the evolving market landscape. Meanwhile, the BFSI segment is expected to witness the fastest growth rate during the forecast period. It is primarily driven by the transformative impact of Generative AI across industries, particularly in finance and banking. Saudi Arabia, known for its ambitious Vision 2030 program, is embracing generative AI to innovate and enhance customer experiences. This adoption is part of a broader strategy to diversify the economy and establish global leadership in technology. With significant advancements in app development and digital solutions, the Kingdom's finance and banking sector is leveraging generative AI to personalize services, automate content creation, enhance customer engagement, and bolster fraud detection and risk management capabilities. This strategic integration underscores Saudi Arabia's commitment to technological advancement and economic resilience in a dynamic global landscape.

Competitive Landscape

The Saudi Arabia Generative AI Market is fragmented, with numerous players serving the market. The key players dominating the Saudi Arabia Generative AI Market include Microsoft Corporation, IBM Corporation, Google LLC, Oracle, Mobcoder, Takamul Smart Technology, Saudi Aramco, Xcelore, Schlumberger, and Accenture. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.


The report's in-depth analysis provides information about growth potential, upcoming trends, and the Saudi Arabia Generative AI Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Saudi Arabia Generative AI Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. Saudi Arabia Generative AI Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Government initiatives and vision 2030 to promote investments in technology including AI
3.2.1.2. Rapid digitalization across various sectors
3.2.1.3. Growing tech-savvy population
3.2.2. Restraints
3.2.2.1. Increasing data privacy and security concerns
3.2.2.2. high costs associated with implementing AI solutions
3.2.2.3. Shortage of skilled professionals
3.2.3. Opportunities
3.2.3.1. Development of smart cities and infrastructure
3.2.3.2. Increasing adoption of telemedicine and AI in personalized medicine
3.2.4. Challenges
3.2.4.1. Developing comprehensive AI regulations
3.2.4.2. Integration with existing systems
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. Saudi Arabia Generative AI Market: Marketing Strategies
5. Saudi Arabia Generative AI Market: Pricing Analysis
6. Saudi Arabia Generative AI Market Overview
6.1. Market Size & Forecast, 2019–2030
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Component
6.2.1.1. Software
6.2.1.2. Service
6.2.2. By Technology
6.2.2.1. Generative Adversarial Networks (GANs)
6.2.2.2. Transformer
6.2.2.3. Variational Autoencoder (VAE)
6.2.2.4. Diffusion Networks
6.2.2.5. Retrieval Augmented Generation
6.2.3. By Data Modality
6.2.3.1. Text
6.2.3.2. Image
6.2.3.3. Audio and Speech
6.2.3.4. Code
6.2.4. By Application
6.2.4.1. Business Intelligence & Visualization
6.2.4.2. Content Management
6.2.4.3. Synthetic Data Management
6.2.4.4. Search & Discovery
6.2.4.5. Automation & Integration
6.2.4.6. Others
6.2.5. By End User
6.2.5.1. Media & Entertainment
6.2.5.2. BFSI
6.2.5.3. IT & Telecom
6.2.5.4. Healthcare
6.2.5.5. Automotive & Transportation
6.2.5.6. Others
7. Competitive Landscape
7.1. List of Key Players and Their Products
7.2. Saudi Arabia Generative AI Company Market Share Analysis, 2023
7.3. Competitive Benchmarking, By Operating Parameters
7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical Tensions on Saudi Arabia Generative AI Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, and SWOT Analysis)
9.1. Microsoft Corporation
9.2. IBM Corporation
9.3. Google LLC
9.4. Oracle
9.5. Mobcoder
9.6. Takamul Smart Technology
9.7. Saudi Aramco
9.8. Xcelore
9.9. Schlumberger
9.10. Accenture
9.11. Other prominent players
10. Key Strategic Recommendations
11. Research Methodology
11.1. Qualitative Research
11.1.1. Primary & Secondary Research
11.2. Quantitative Research
11.3. Market Breakdown & Data Triangulation
11.3.1. Secondary Research
11.3.2. Primary Research
11.4. Breakdown of Primary Research Respondents
11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 Saudi Arabia Generative AI Segmentation
Figure 2 Saudi Arabia Generative AI Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Saudi Arabia Generative AI Market Size, By Value (USD Million), 2019–2030
Figure 5 Saudi Arabia Generative AI Market Share, By Component, By Value (USD Million), 2019–2030
Figure 6 Saudi Arabia Generative AI Market Share, By Technology, By Value (USD Million), 2019–2030
Figure 7 Saudi Arabia Generative AI Market Share, By Data Modality, By Value (USD Million), 2019–2030
Figure 8 Saudi Arabia Generative AI Market Share, By Application, By Value (USD Million), 2019–2030
Figure 9 Saudi Arabia Generative AI Market Share, By End User, By Value (USD Million), 2019–2030
List of Tables
Table 1 Saudi Arabia Generative AI Market Size, By Value (USD Million), 2019–2030
Table 2 Saudi Arabia Generative AI Market Share, By Component, By Value (USD Million), 2019–2030
Table 3 Saudi Arabia Generative AI Market Share, By Technology, By Value (USD Million), 2019–2030
Table 4 Saudi Arabia Generative AI Market Share, By Data Modality, By Value (USD Million), 2019–2030
Table 5 Saudi Arabia Generative AI Market Share, By Application, By Value (USD Million), 2019–2030
Table 6 Saudi Arabia Generative AI Market Share, By End User, By Value (USD Million), 2019–2030
Table 7 Microsoft Corporation Company Overview
Table 8 Microsoft Corporation Financial Overview
Table 9 IBM Corporation Company Overview
Table 10 IBM Corporation Financial Overview
Table 11 Google LLC Company Overview
Table 12 Google LLC Financial Overview
Table 13 Oracle Company Overview
Table 14 Oracle Financial Overview
Table 15 Mobcoder Company Overview
Table 16 Mobcoder Financial Overview
Table 17 Takamul Smart Technology Company Overview
Table 18 Takamul Smart Technology Financial Overview
Table 19 Saudi Aramco Company Overview
Table 20 Saudi Aramco Financial Overview
Table 21 Xcelore Company Overview
Table 22 Xcelore Financial Overview
Table 23 Schlumberger Company Overview
Table 24 Schlumberger Financial Overview
Table 25 Accenture Company Overview
Table 26 Accenture Financial Overview

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