Saudi Arabia Ai In Aerospace & Defense Market Size & Outlook
The ai in aerospace & defense market in Saudi Arabia is expected to reach a projected revenue of US$ 965.6 million by 2030. A compound annual growth rate of 13.5% is expected of Saudi Arabia ai in aerospace & defense market from 2025 to 2030.
Revenue, 2024 (US$M)
$444.0
Forecast, 2030 (US$M)
$965.6
CAGR, 2025 - 2030
13.5%
Report Coverage
Saudi Arabia
Related Markets
Saudi Arabia ai in aerospace & defense market highlights
- The Saudi Arabia ai in aerospace & defense market generated a revenue of USD 444.0 million in 2024 and is expected to reach USD 965.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 13.8% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating offering in 2024.
- Software is the most lucrative offering segment registering the fastest growth during the forecast period.
Ai in aerospace & defense market data book summary
| Market revenue in 2024 | USD 444.0 million |
| Market revenue in 2030 | USD 965.6 million |
| Growth rate | 13.8% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.8% of the global ai in aerospace & defense market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE ai in aerospace & defense market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 654.6 million by 2030.
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AI in Aerospace & Defense Market Scope
Ai in aerospace & defense market segmentation & scope
Others
Countries
AI in Aerospace & Defense Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Iris Automation | View profile | 51-100 | Reno, Nevada, United States, North America | http://www.irisonboard.com/ |
| Intel Corporation | View profile | - | - | - |
| Microsoft Corporation | View profile | - | - | - |
| International Business Machines Corporation | View profile | - | - | - |
| SparkCognition | View profile | - | - | - |
| Raytheon Technologies | View profile | - | - | - |
| Lockheed Martin Corporation | View profile | - | - | - |
| Infosys Ltd. | View profile | - | - | - |
| Northrop Grumman Corporation | View profile | 10001+ | Fort George G Meade, Maryland, United States, North America | https://www.northropgrumman.com/ |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| Indra Sistemas SA ADR | View profile | 57755 | Avenida de Bruselas, 35, Alcobendas, Madrid, Spain, 28108 | http://www.indra.es |
| Deutsche Telekom AG | View profile | 201251 | Friedrich-Ebert-Allee 140, Bonn, Germany, 53113 | https://www.telekom.com |
| Portland General Electric Co | View profile | 2842 | 121 South West Salmon Street, Portland, OR, United States, 97204 | https://www.portlandgeneral.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| NVIDIA Corp | View profile | 29600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | https://www.nvidia.com |
Saudi Arabia ai in aerospace & defense market size, by software, 2018-2030 (US$M)
Saudi Arabia AI in Aerospace & Defense Market Outlook Share, 2024 & 2030 (US$M)
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