MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET 2019-2027

MARKET OUTLOOK
As per Triton's research report, the Middle East & African Artificial Intelligence as a Service market is anticipated to upsurge with a CAGR of 35.05% in the forecasting years of 2019-2027.
Saudi Arabia, Turkey, the UAE, South Africa and countries in rest of the Middle East & Africa have been studied for the AIaaS market in the Middle East & Africa.
The countries in the Middle East and Africa aim to use AI in healthcare systems. Due to the benefits which AI provides in different sectors, the spending on researching and implementing this technology has increased significantly in these countries. Government/semi-government, energy, healthcare and financial sectors are among the major spenders on artificial intelligence. Such initiatives and factors are driving the market for AI as a Service in MEA. The United Arab Emirates is a major economy in the Middle East & Africa, which is very adaptive towards using AI. The UAE made Artificial Intelligence Strategy in 2017 which clarifies how the country aims to progress by using AI in the future.
The government of the UAE has the Minister of Artificial Intelligence appointed who works for the development of this new technology in the country. The encouragement by the government for the implementation of AI in various sectors is the driver for this market. The UAE leads the Middle East AI market. Artificial intelligence has been the biggest contributor for the success of some of the companies in the world. It has its own benefits when used in a good way. In South Africa, AI is being used for various applications so as to make the daily life of humans easy. The country has recently joined the club of AI researching countries. The inclination of startups and local companies towards increasing AI usage may become one of the drivers for this market in South Africa.


COMPETITIVE OUTLOOK
The noteworthy companies in the AIaaS market are Yottamine Analytics, CognitiveScale, Inc., Salesforce.com, Inc., Fair Isaac Corporation, DataRobot, Inc., Amazon.com, Inc. (Amazon Web Services, Inc.), Absolutdata, SAP SE, Vital AI, H2O.ai, SAS, Centurysoft, Intel, International Business Machines, Microsoft Corporation, Fuzzy.ai, BigML, Alphabet, Inc. (Google LLC) and Apple, Inc.

TABLE OF CONTENT
1. ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. IT & TELECOM IS THE LARGEST SEGMENT BY INDUSTRY VERTICALS
2.2.2. AI CAUSING DISRUPTIONS IN VARIOUS INDUSTRIES
2.2.3. HARDWARE ARCHITECTURE PLAYS A CRUCIAL ROLE FOR CLOUD COMPUTING
2.3. EVOLUTION & TRANSITION OF ARTIFICIAL INTELLIGENCE AS A SERVICE
2.4. PORTER’S FIVE FORCES MODEL
2.4.1. THREAT OF NEW ENTRANTS
2.4.2. THREAT OF SUBSTITUTE
2.4.3. BARGAINING POWER OF SUPPLIERS
2.4.4. BARGAINING POWER OF BUYERS
2.4.5. INTENSITY OF COMPETITIVE RIVALRY
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. MARKET DRIVERS
2.7.1. COST AND TECHNOLOGICAL ADVANTAGES OF AIAAS
2.7.2. RISING CLOUD COMPUTING MARKET
2.8. MARKET RESTRAINTS
2.8.1. LACK OF AWARENESS
2.8.2. AI INTELLIGENCE PROFESSIONAL SHORTAGE
2.9. MARKET OPPORTUNITIES
2.9.1. UNCHARTED MARKETS FOR ARTIFICIAL INTELLIGENCE
2.9.2. ANALYTICAL SOLUTIONS SHOW GROWING TRENDS
2.9.3. GROWING APPLICATION AREAS
2.10. MARKET CHALLENGES
2.10.1. DATA PRIVACY ISSUES
2.10.2. LACK OF COMPUTING POWER
3. ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET OUTLOOK - BY INDUSTRY VERTICALS
3.1. BFSI
3.2. IT & TELECOM
3.3. RETAIL
3.4. MANUFACTURING
3.5. PUBLIC SECTOR
3.6. ENERGY UTILITIES
3.7. HEALTHCARE
3.8. OTHERS
4. ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET OUTLOOK - BY TECHNOLOGY
4.1. MACHINE LEARNING
4.2. COMPUTER VISION
4.3. NATURAL LANGUAGE PROCESSING
4.4. OTHER
5. ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET OUTLOOK - BY ORGANIZATION SIZE
5.1. SMALL & MEDIUM ENTERPRISE
5.2. LARGE ENTERPRISE
6. ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET - REGIONAL OUTLOOK
6.1. MIDDLE EAST & AFRICA
6.1.1. UNITED ARAB EMIRATES
6.1.2. TURKEY
6.1.3. SAUDI ARABIA
6.1.4. SOUTH AFRICA
6.1.5. REST OF MIDDLE EAST & AFRICA
7. COMPETITIVE LANDSCAPE
7.1. ABSOLUTDATA
7.2. ALPHABET, INC. (GOOGLE LLC)
7.3. AMAZON.COM, INC. (AMAZON WEB SERVICES, INC.)
7.4. APPLE, INC.
7.5. BIGML
7.6. CENTURYSOFT
7.7. COGNITIVESCALE, INC.
7.8. DATAROBOT, INC.
7.9. FAIR ISAAC CORPORATION
7.10. FUZZY.AI
7.11. H2O.AI
7.12. INTEL
7.13. INTERNATIONAL BUSINESS MACHINES
7.14. MICROSOFT CORPORATION
7.15. SALESFORCE.COM, INC.
7.16. SAP SE
7.17. SAS
7.18. VITAL AI
7.19. YOTTAMINE ANALYTICS
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.1.1. OBJECTIVES OF STUDY
8.2. SOURCES OF DATA
8.2.1. PRIMARY DATA SOURCES
8.2.2. SECONDARY DATA SOURCES
8.3. RESEARCH METHODOLOGY
8.3.1. EVALUATION OF PROPOSED MARKET
8.3.2. IDENTIFICATION OF DATA SOURCES
8.3.3. ASSESSMENT OF MARKET DETERMINANTS
8.3.4. DATA COLLECTION
8.3.5. DATA VALIDATION & ANALYSIS




LIST OF TABLES
TABLE 1: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY INDUSTRY VERTICALS, 2019-2027 (IN $ MILLION)
TABLE 4: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)
TABLE 5: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)
TABLE 6: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)




LIST OF FIGURES
FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY BFSI, 2019-2027 (IN $ MILLION)
FIGURE 3: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY IT & TELECOM, 2019-2027 (IN $ MILLION)
FIGURE 4: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)
FIGURE 5: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)
FIGURE 6: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY PUBLIC SECTOR, 2019-2027 (IN $ MILLION)
FIGURE 7: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY ENERGY UTILITIES, 2019-2027 (IN $ MILLION)
FIGURE 8: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
FIGURE 9: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 10: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY MACHINE LEARNING, 2019-2027 (IN $ MILLION)
FIGURE 11: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY COMPUTER VISION, 2019-2027 (IN $ MILLION)
FIGURE 12: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY NATURAL LANGUAGE PROCESSING, 2019-2027 (IN $ MILLION)
FIGURE 13: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY OTHER, 2019-2027 (IN $ MILLION)
FIGURE 14: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY SMALL & MEDIUM ENTERPRISE, 2019-2027 (IN $ MILLION)
FIGURE 15: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, BY LARGE ENTERPRISE, 2019-2027 (IN $ MILLION)
FIGURE 16: MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 17: UNITED ARAB EMIRATES ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 18: TURKEY ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 19: SAUDI ARABIA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: SOUTH AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21: REST OF MIDDLE EAST & AFRICA ARTIFICIAL INTELLIGENCE AS A SERVICE MARKET, 2019-2027 (IN $ MILLION)