Pro
Technology & Electronics
Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
| Label | CPU | GPU | ASIC | FPGA |
|---|---|---|---|---|
| 2014 | 2.9 USD Mn | 1.9 USD Mn | 1.3 USD Mn | 0.9 USD Mn |
| 2015 | 3.1 USD Mn | 2.1 USD Mn | 1.4 USD Mn | 0.9 USD Mn |
| 2016 | 3.4 USD Mn | 2.4 USD Mn | 1.6 USD Mn | 1 USD Mn |
| 2017 | 3.8 USD Mn | 2.7 USD Mn | 1.8 USD Mn | 1.2 USD Mn |
| 2018 | 4.4 USD Mn | 3.1 USD Mn | 2.1 USD Mn | 1.3 USD Mn |
| 2019 | 5.1 USD Mn | 3.7 USD Mn | 2.5 USD Mn | 1.5 USD Mn |
| 2020 | 6 USD Mn | 4.5 USD Mn | 3 USD Mn | 1.8 USD Mn |
| 2021 | 7.3 USD Mn | 5.6 USD Mn | 3.7 USD Mn | 2.3 USD Mn |
| 2022 | 9.1 USD Mn | 7.1 USD Mn | 4.6 USD Mn | 2.8 USD Mn |
| 2023 | 11.6 USD Mn | 9.3 USD Mn | 6 USD Mn | 3.7 USD Mn |
| 2024 | 15.3 USD Mn | 12.6 USD Mn | 8.1 USD Mn | 4.9 USD Mn |
| 2025 | 21 USD Mn | 17.6 USD Mn | 11.3 USD Mn | 6.7 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
The demand for artificial intelligence (AI) technology has been on a steady rise in the recent years, with its potential to revolutionize various industries and improve overall efficiency and productivity. In the United Arab Emirates (UAE), this demand has been particularly evident in the growth of the AI chipset market. According to a recent report, the UAE Artificial Intelligence (AI) Chipset Market was valued at USD million in 2014 and is expected to reach USD million by 2025.
One of the key factors driving this demand is the increasing adoption of AI technology in various sectors in the UAE, including healthcare, finance, transportation, and retail. With the UAE government's focus on becoming a leader in innovation and technology, there has been a significant push towards integrating AI into various industries to drive growth and development.
Another factor contributing to the growth of the AI chipset market in the UAE is the rise of smart cities in the country. The UAE has been investing heavily in developing smart cities that use AI technology to enhance various aspects of urban living, such as transportation, energy management, and public safety. This has led to an increased demand for AI chipsets to power these smart systems.
In terms of processors, the report divides the market into two categories - central processing unit (CPU) and graphics processing unit (GPU). The CPU segment currently dominates the market, owing to its high demand in sectors such as finance, healthcare, and retail. However, with the rise of AI-powered applications that require high-speed computing and parallel processing capabilities, the demand for GPUs is expected to increase significantly in the coming years.
Moreover, the increasing focus on research and development of advanced AI technologies in the UAE is expected to further drive the demand for AI chipsets. The country has been investing in developing local AI capabilities and collaborating with international players to bring in advanced technologies, which will require advanced chipsets for their implementation.
In conclusion, the demand for AI chipsets in the UAE is expected to continue growing in the coming years, driven by the increasing adoption of AI technology in various sectors, the development of smart cities, and the focus on research and development of advanced AI capabilities. This presents a significant opportunity for both domestic and international AI chipset manufacturers to tap into the booming market in the UAE.
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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.