Computer Vision - Qatar

The Artificial Intelligence market in Qatar is witnessing a steady growth rate, driven by factors such as increasing adoption of digital technologies, growing awareness of the benefits of AI in healthcare, and the convenience of online health services. The sub-markets of Speech Recognition, Image Recognition, and Facial Recognition are contributing to the overall growth of the Computer Vision Market. However, the mild growth can be attributed to factors such as limited infrastructure and resources, as well as the need for further research and development in the field.

Customer preferences: As Qatar continues to invest in advanced technologies, the market for computer vision within the artificial intelligence market is seeing a rise in demand. This is driven by the country's demographic shift towards a younger population, who are more tech-savvy and prefer AI-powered solutions for tasks such as facial recognition and object detection. Additionally, the increasing adoption of smart city initiatives and the need for efficient surveillance and security systems are also contributing to the growth of the computer vision market in Qatar.

Trends in the market: In Qatar, the Computer Vision market is experiencing a surge in demand, driven by the increasing adoption of Artificial Intelligence across various industries. This trend is expected to continue as companies strive to enhance their operational efficiency and gain a competitive advantage. As a result, there is a growing demand for Computer Vision solutions that offer advanced data analysis and automation capabilities. This trend is significant as it highlights the potential for growth and innovation in the AI market in Qatar. Industry stakeholders should pay attention to the trajectory of this trend and its implications for the development of the AI market in the country. Additionally, the adoption of Computer Vision technology in Qatar is expected to have a positive impact on the economy, creating new job opportunities and driving digital transformation in various sectors.

Local special circumstances: In Qatar, the Computer Vision market is experiencing rapid growth due to the country's focus on becoming a leader in artificial intelligence. The government's National Vision 2030 plan includes significant investments in AI and technology, creating a favorable environment for the market. Additionally, Qatar's strategic location and access to advanced infrastructure make it an ideal hub for AI research and development. The country's cultural diversity and emphasis on innovation also drive the demand for Computer Vision solutions across various industries.

Underlying macroeconomic factors: The Computer Vision Market within the Artificial Intelligence Market in Qatar is impacted by macroeconomic factors such as technological advancements, government initiatives, and investment in research and development. Qatar has a strong economy with a high per capita income and is investing heavily in developing its technology sector. This, coupled with favorable regulatory policies and government support for AI, is driving the growth of the Computer Vision Market in the country. Additionally, the growing demand for AI-powered solutions in various industries, such as healthcare, transportation, and manufacturing, is further fueling the growth of the market in Qatar.

Data coverage: The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the funding values from different industries for the market.

Modeling approach / Market size:Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use annual financial reports, funding data, and third-party data. In addition, we use relevant key market indicators and data from country-specific associations such as GDP, number of internet users, number of secure internet servers, and internet penetration. This data helps us estimate the market size for each country individually.

Forecasts:In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited to forecast digital products and services due to the non-linear growth of technology adoption. The main drivers are the level of digitalization, the number of secure internet servers, and the revenue of the Public Cloud market.

Additional Notes: The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russian-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the market is updated on an ad-hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Data from the Statista Consumer Insights Global survey is weighted for representativeness.