The persuasive Egypt Artificial Intelligence market research report makes available fluctuations in CAGR values during the forecast period of 2021-2028 for the market. This wide ranging market study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The competitive landscape section of the report emphasizes on understandable insight about the market share analysis of major industry players. The report offers all-encompassing study about production capacity, consumption, import and export for all the major regions across the world. What is more, businesses can gain insights into profit growth and sustainability programme with an influential Egypt Artificial Intelligence market report.
Data Bridge Market Research analyses that the Egypt artificial intelligence market is expected to reach the value of USD 2,961.37 million by 2029, at a CAGR of 13.4% during the forecast period. "Hardware" accounts for the largest components segment in the Egypt artificial intelligence market and provides basic facilities and a wide range of features with different platforms.
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Market Overview:
Artificial intelligence is a field that combines computer science and robust datasets to enable problem-solving. It also encompasses sub-fields of machine learning and deep learning, which are frequently mentioned in conjunction with artificial intelligence. These disciplines are comprised of AI algorithms that seek to create expert systems that make predictions or classifications based on input data.
Egypt Artificial Intelligence Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail below:
Drivers
Growing Investments In Artificial Intelligence Systems
Governments and businesses across the Middle East are beginning to realize the shift towards AI and advanced technologies. AI has the potential to fundamentally disrupt markets in the Middle East through the creation of innovative new services and entirely new business models. Businesses across the Middle East have started to shift their focus toward emerging and in-demand technologies such as artificial intelligence
Some of the major players operating in the Egypt artificial intelligence market are NVIDIA Corporation, Intel Corporation, IBM Corporation, Cisco Systems, Inc., Amazon Web Services, Inc. (Subsidiary of Amazon.com, Inc.), Google (a subsidiary of Alphabet Inc.), QlikTech International AB, MICROSTRATEGY INCORPORATED, Twerlo, CBOT, WideBot, Inc, DilenyTech, Siemens, SAMSUNG ELECTRONICS CO., LTD., Meta, Oracle, SAP SE, Salesforce, Inc., SAS Institute Inc., Baidu, Inc., Hyperlink InfoSystem, CSP Solution, DECE Software Inc., Rockwell Automation, Inc., Yesil Science Teknoloji Ltd. Sti., Microsoft, Huawei Technologies Co., Ltd., among others.
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