Middle East & Africa Ai In Life Science Analytics Market Size & Outlook
MEA ai in life science analytics market highlights
- The MEA ai in life science analytics market generated a revenue of USD 27.4 million in 2023.
- The market is expected to grow at a CAGR of 11.7% from 2024 to 2030.
- In terms of segment, cloud was the largest revenue generating delivery in 2023.
- Cloud is the most lucrative delivery segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 27.4 million |
| Market revenue in 2030 | USD 59.3 million |
| Growth rate | 11.7% (CAGR from 2024 to 2030) |
| Largest segment | Cloud |
| Fastest growing segment | Cloud |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cloud |
| Key market players worldwide | Indegene, Databricks, SAS AB, Sisense, IQVIA Holdings Inc, International Business Machines Corp, Lexalytics, Sorcero, Axtria |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.6% of the global ai in life science analytics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 727.2 million by 2030.
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AI In Life Science Analytics Market Scope
AI In Life Science Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa ai in life science analytics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai in life science analytics market will help companies and investors design strategic landscapes.
Cloud was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa ai in life science analytics market based on cloud covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa plastics to fuel market is expected to ascend in upcoming years. The growth is attributed to the increasing awareness regarding sustainable advantages and benefits of recycled plastics waste used to convert into a high grade fuel.
However, lack of money, inadequate infrastructure to introduce effective collection, and recycling in vast majority of countries in the Africa region have resulted in illegal landfill sites, thereby hampering the market growth.
The Middle East is one of the largest waste generating regions across the globe with per capita waste creation in numerous countries being approximately 2 kg per day. Lack of environmental awareness, high standards of living, infrastructural roadblocks, and ineffective legislation are the major reasons responsible for the rising plastics waste issues in the Middle East.
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Our clientele includes a mix of ai in life science analytics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa ai in life science analytics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ai in life science analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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