Middle East & Africa Artificial Intelligence Of Things (Aiot) Market Size & Outlook
The artificial intelligence of things (aiot) market in Middle East & Africa is expected to reach a projected revenue of US$ 49.3 million by 2030. A compound annual growth rate of 34% is expected of Middle East & Africa artificial intelligence of things (aiot) market from 2025 to 2030.
Revenue, 2024 (US$M)
$8.5
Forecast, 2030 (US$M)
$49.3
CAGR, 2025 - 2030
34.0%
Report Coverage
Middle East & Africa
Middle East Africa Artificial Intelligence Of Things (Aiot) Market, 2018-2030 (US$M)
Global Market
Related Markets
MEA artificial intelligence of things (aiot) market highlights
- The MEA artificial intelligence of things (aiot) market generated a revenue of USD 8.5 million in 2024.
- The market is expected to grow at a CAGR of 34% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 8.5 million |
| Market revenue in 2030 | USD 49.3 million |
| Growth rate | 34% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.0% of the global artificial intelligence of things (aiot) market in 2024.
- 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 261.0 million by 2030.
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Publish Date: Jan 26, 2025
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Artificial Intelligence Of Things (AIoT) Market Scope
Artificial Intelligence of Things (AIoT) Market segmentation & scope
Artificial Intelligence Of Things (AIoT) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Oracle Corp | View profile | 164,000 | 2300 Oracle Way, Austin, TX, United States, 78741 | www.oracle.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| Alphabet Inc Class A | View profile | 180,895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | www.abc.xyz |
| SAS AB | View profile | 8,099 | Frosundaviks Alle 1, Solna, Stockholm, Sweden, SE-195 87 | www.sasgroup.net |
| Salesforce Inc | View profile | 72,682 | 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 | www.salesforce.com |
| PTC Inc | View profile | 7,231 | 121 Seaport Boulevard, Boston, MA, United States, 02210 | www.ptc.com |
Middle East & Africa Artificial Intelligence of Things (AIoT) 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 Artificial Intelligence of Things (AIoT) Market Outlook will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 84.71% in 2024.
Horizon Databook has segmented the Middle East & Africa artificial intelligence of things (aiot) market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Artificial Intelligence Of Things (Aiot) Market Component Outlook (Revenue, USD Million , 2018-2030)
- Hardware
- Software
- Services
- Middle East & Africa Artificial Intelligence Of Things (Aiot) Market Application Outlook (Revenue, USD Million , 2018-2030)
- Video Surveillance
- Inventory Management
- Predictive Maintenance
- Supply Chain Management
- Other Application
- Middle East & Africa Artificial Intelligence Of Things (Aiot) Market Deployment Outlook (Revenue, USD Million , 2018-2030)
- Cloud
- On-Premises
- Middle East & Africa Artificial Intelligence Of Things (Aiot) Market End Use Outlook (Revenue, USD Million , 2018-2030)
- B2B
- B2C
- B2G
- Middle East & Africa Artificial Intelligence Of Things (Aiot) Market Vertical Outlook (Revenue, USD Million , 2018-2030)
- Retail
- Agriculture
- Logistics
- BFSI
- Automotive
- Healthcare
- Manufacturing
- Other Vertical
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Artificial Intelligence of Things (AIoT) Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Artificial Intelligence of Things (AIoT) Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Artificial Intelligence Of Things (Aiot) Market, 2018-2030 (US$M)
MEA Component - Artificial Intelligence Of Things (aiot) Market Statistics, 2024 - 2030 (US$M)
