21 Hrs
Source:
البلاد
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AI projects expanding in Gulf firms
Recent studies and estimates indicate that the global AI services market reached approximately $37.8 billion in 2025, with projections suggesting it will grow to $618.6 billion by 2034, at a compound annual growth rate (CAGR) of 36.4%. In the Gulf region, the AI market is valued at around $6.22 billion in 2025, with expectations to reach $23.03 billion by 2034, especially in Saudi Arabia and the United Arab Emirates, where the market is expected to exceed $5 billion by 2030. The demand for consultancy services and software integration is increasing to ensure that intelligent models are seamlessly integrated into corporate infrastructure, as the market transitions from experimentation to widespread adoption. This shift requires tailored solutions that address regional needs, particularly given the driving factors such as digital government transformation and the demand from sectors like finance and energy to adopt AI technologies.
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