Saudi Arabia Generative Ai In Fintech Market Size & Outlook
The generative ai in fintech market in Saudi Arabia is expected to reach a projected revenue of US$ 187.1 million by 2030. A compound annual growth rate of 26.5% is expected of Saudi Arabia generative ai in fintech market from 2024 to 2030.
Revenue, 2023 (US$M)
$36.1
Forecast, 2030 (US$M)
$187.1
CAGR, 2024 - 2030
26.5%
Report Coverage
Saudi Arabia
Related Markets
Saudi Arabia generative ai in fintech market highlights
- The Saudi Arabia generative ai in fintech market generated a revenue of USD 36.1 million in 2023 and is expected to reach USD 187.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 26.5% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Generative ai in fintech market data book summary
| Market revenue in 2023 | USD 36.1 million |
| Market revenue in 2030 | USD 187.1 million |
| Growth rate | 26.5% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Service, Software |
| Key market players worldwide | Microsoft Corp, Alphabet Inc Class A, International Business Machines Corp, Adobe Inc, Salesforce Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 3.2% of the global generative ai in fintech market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia generative ai in fintech market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 169.0 million by 2030.
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Generative AI In Fintech Market Scope
Generative ai in fintech market segmentation & scope
Others
Generative AI In Fintech Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Salesforce Inc | View profile | 72682 | 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 | https://www.salesforce.com |
| Adobe Inc | View profile | 29945 | 345 Park Avenue, San Jose, CA, United States, 95110-2704 | https://www.adobe.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Saudi Arabia generative ai in fintech market size, by component, 2017-2030 (US$M)
Saudi Arabia Generative AI In Fintech Market Outlook Share, 2023 & 2030 (US$M)
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