Iraq Artificial Intelligence Market is expected to grow with a CAGR of 12.7% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.
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The Iraq artificial intelligence market is a highly consolidated market, which includes a specific number of key players. The market has witnessed increased strategic developments owing to a favorable market scenario.
The major players in the Iraq artificial intelligence market are introducing a strong range of products provider, launching new products, and adopting strategic initiatives such as acquisition, agreement, business expansion, awards, and recognition into the market. This helped companies to maximize sales with an enhanced product portfolio.
- In September 2021, Meta launched the textless NLP for generating speech from raw audio. The first high-performance NLP model breaks free of this dependence on text. This product launch improves the product portfolio of the company
Meta is the dominating player in the GCC artificial intelligence market. Some of the major players operating in the GCC 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., 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.
Meta was founded in 2004 and headquartered in California, the U.S. It has public ownership. The company focuses on developing machine learning intelligence for creating newer technologies. The company has several product categories, including Machine Learning, Artificial Intelligence, and Research, of which Artificial Intelligence is the market-focused category.
- In May 2020, Meta launched a highly efficient, real-time text-to-speech system deployed on CPUs. The modern text-to-speech (TTS) systems have come a long way in using neural networks to mimic the nuances of the human voice. This product launch has improved the product portfolio of the company
The company has a presence across North America, South America, Asia-Pacific, Europe, the Middle East and Africa. Some subsidiaries of the company are PrivateCore (U.S.), Oculus VR (U.S.), WhatsApp Inc (U.S.), Facebook Ireland Limited (Ireland), and Giphy (U.S.), among others.
Microsoft, Inc. was founded in 1975, with headquarters in Washington, the U.S. It has public ownership. The company focuses on providing products and services related to computer software, consumer electronics, and related services. The company operates in various business segments such as Productivity and Business Processes, Intelligent Cloud, and More Personal Computing, of which Intelligent Cloud is the market-focused segment.
The company offers various product categories, including AI+Machine Learning, Analytics, Compute, Containers, Databases, Developer Tools, DevOps, Hybrid+Multicloud, Identity, Integration, Internet of Things, Management and governance, Media, Migration, Mixed Reality, Mobile, Networking, Security and Storage, out of which AI+Machine Learning is the market-focused category.
- In April 2021, Microsoft announced the latest updates on the Azure Neutral TTS, including innovative features like new voices for casual conversations (Sara: a new chatbot voice in U.S. English), among others. This has popularized the company even more among the users as casual conversational tools are always very attractive
The company has a presence across North America, South America, Europe, the Middle East and Africa, and Asia-Pacific. Some subsidiaries of the company are GitHub (U.S.), Yammer (U.S.), Flipgrid, Inc. (U.S.), Xamarin (U.S.), Winternals (U.S.), and Ally Technologies, Inc. (U.S.), among others.
SAMSUNG ELECTRONICS CO., LTD.
SAMSUNG ELECTRONICS CO., LTD. was founded in 1969 with headquarters in Gyeonggi-do, Korea. It has public ownership. The company focuses on producing electronics devices and technology to create superior products. The company has several business segments, such as CE, IM, DS, and Harman, out of which DS is the market-focused segment. The company alos has product categories including DRAM, SSD, eStorage, MCP, Consumer Storage, Processor, Image Sensor, Display IC, Security Solution, Power IC, and LED, out of which DRAM, SSD, eStorage, Processor, Image Sensor, Display IC, and Power IC are the market-focused categories.
- In October 2021, SAMSUNG announced that it had begun mass producing the industry's smallest, 14-nanometer (nm), DRAM based on extreme ultraviolet (EUV) technology. As DRAM continues to scale down the 10nm range, EUV technology becomes increasingly important to improve patterning accuracy for higher performance and greater yields. This development improves the product portfolio of the company
The company has a presence in Europe, Asia-Pacific, the Americas, the Middle East and Africa. Some subsidiaries of the company are Samsung Electronics (South Korea), Cheil Worldwide (South Korea), Samsung Biologics (Korea), Samsung C&T Corporation (South Korea), and Samsung SDS (South Korea), among others.