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Globe and Mail
3 days ago
- Business
- Globe and Mail
Global Enterprise AI Market Size to Surpass USD 70.91 Billion by 2030
"Global Enterprise AI Market Research Report by Arizton" Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025–2030. According to Arizton latest research report, the Global Enterprise AI Market is growing at CAGR 19.60% during 2024-2030. Report Scope: MARKET SIZE (2030): USD 70.91 Billion MARKET SIZE (2024): USD 24.23 Billion CAGR (2024-2030): 19.60% HISTORIC YEAR: 2021-2023 BASE YEAR: 2024 FORECAST YEAR: 2025-2030 MARKET SEGMENTION: Deployment, Technology, Industry, and Geography GEOGRAPHIC ANALYSIS: North America, Europe, APAC, Latin America, and Middle East & Africa Generative AI is Reshaping How Enterprises Operate, Innovate, and Engage Generative AI (GenAI) is emerging as a transformative force in how enterprises operate, innovate, and connect with customers. As organizations embed GenAI into their digital transformation strategies, the focus is shifting from isolated experimentation to enterprise-wide deployment. Recent surveys show that nearly one-third of global companies are already applying GenAI across at least one business function, with over 40% planning to increase AI investments in the near term. This technology is enabling businesses to enhance content creation, automate complex workflows, and deliver personalized experiences at scale, driving measurable improvements in productivity and innovation. From marketing and customer service to HR and product development, GenAI is becoming a critical pillar across functions. Its rising accessibility and the ability to fine-tune models for specific business needs are accelerating adoption across industries, positioning GenAI not just as a tool, but as a strategic asset in the enterprise ecosystem. Human Centered AI Emerges as a Strategic Priority for Enterprise Innovation and Employee Empowerment Human-Centered AI (HCAI) is becoming a cornerstone of enterprise AI strategy, shifting the focus from pure automation to building systems that enhance human potential, ensure trust, and drive inclusive innovation. By aligning AI development with transparency, fairness, and user-centric design, HCAI enables organizations to empower employees, enrich customer engagement, and foster responsible innovation. Microsoft stands as a leading example, integrating human-centered principles through its Office of Responsible AI and embedding tools like Microsoft 365 Copilot to automate routine tasks while supporting creative, strategic work. This approach has not only improved productivity but also elevated employee satisfaction, proving that AI built around people, not just processes, is key to unlocking long-term business value. As more enterprises adopt AI at scale, embedding HCAI principles will be essential for sustainable, ethical, and impactful transformation. Market News In May 2025, Salesforce's $8B acquisition of Informatica fortifies its AI vision with trusted data infrastructure, enabling real-time autonomous decision-making across enterprise functions. This move underscores the shift toward composable, data-driven architectures essential for deploying effective AI agents. In July 2025, HPE has completed its acquisition of Juniper Networks, doubling its networking business and creating a cloud-native, AI-driven portfolio to power hybrid cloud and AI workloads. This move strengthens HPE's position in high-growth, high-margin markets and accelerates innovation across secure, end-to-end networking solutions. Strategic Collaborations Fuel the Rise of Enterprise AI Agents Enterprise AI agents are redefining how organizations operate by ushering in a new phase of intelligent automation, where humans and machines collaborate to drive smarter decisions, faster execution, and continuous innovation. These AI-powered agents, ranging from digital co-pilots to autonomous decision-makers, are being rapidly adopted across key enterprise functions such as customer service, finance, HR, supply chain, and IT operations. Unlike static automation tools, AI agents are dynamic and adaptive, they learn from real-time data, understand context, and respond through natural language, allowing businesses to automate processes while staying agile and responsive. A notable example is the partnership between PwC and Microsoft, announced in January 2025, which combines Microsoft's Copilot technologies with PwC's deep industry expertise. Together, they are helping clients scale AI adoption, automate complex workflows, and unlock business value through the Agents Factory, a hub focused on ethical, scalable AI solutions. As more enterprises pursue similar collaborations, AI agents are fast becoming foundational to digital transformation strategies, empowering businesses to build intelligent, future-ready ecosystems. Key Company Profiles IBM Microsoft NVIDIA Corporation Google LLC Amazon Web Services, Inc. Meta Other Prominent Company Profiles Hewlett Packard Enterprise Development LP Oracle Corporation SAP SE Wipro Intel Corporation Sentient Technologies, LLC Verint Systems Inc. Strategy Salesforce, Inc. DATAROBOT, INC AI Superior GmbH Exomindse Tezeract Palantir Technologies Inc. Adobe UiPath Affectiva ScienceSoft USA Corporation Infosys Limited SambaNova, Inc. Noukha Technologies Markovate Inc. LeewayHertz Grammarly, Inc. instinctools Market Segmentation & Forecast Deployment Cloud On-premises Hybrid Technology Machine Learning Natural Language Processing Computer Vision Industry BFSI Healthcare Retail & E-commerce Manufacturing Others Geography North America The U.S. Canada Europe The U.K. France Germany Sweden Spain Italy Netherlands Switzerland APAC China Japan India Australia South Korea Singapore Latin America Brazil Mexico Argentina Middle East & Africa Saudi Arabia UAE South Africa Other Related Reports that Might be of Your Business Requirement Generative AI in Software Development Market - Global Outlook & Forecast 2025 - 2030 AI Chip Market - Global Outlook & Forecast 2024-2029 What Key Findings Will Our Research Analysis Reveal? What is the growth rate of the global enterprise AI market? How big is the global enterprise AI market? Which region dominates the global enterprise AI market share? What are the significant trends in the enterprise AI market? Who are the key players in the global enterprise AI market? Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Bloomberg
31-07-2025
- Business
- Bloomberg
Hong Kong Economy Grows More Than Expected on Export Strength
Economic growth in Asia's financial capital grew faster than expected in the second quarter, riding on strong exports as global companies frontloaded shipments to avoid tariffs. Gross domestic product rose 3.1% in April-June compared to the same period last year, according to advance estimates released Thursday by the Census and Statistics Department. That beat an estimate of 2.8% expansion.
Arab News
22-07-2025
- Science
- Arab News
Global experts to address space debris in Riyadh
RIYADH: The Saudi Space Agency will host the second International Space Debris Conference in Riyadh on Jan. 26–27, 2026, according to a Saudi Press Agency report. The event is part of the agency's efforts to strengthen the Kingdom's leadership in global initiatives for the sustainability of the space sector. The conference aims to foster international dialogue, develop joint policies to mitigate the growing impact of space debris, promote global cooperation on sustainable solutions and innovative technologies, and support strategies for the long-term sustainability of the space environment. The agency invited interested participants to register at It also announced the launch of the global DebriSolver Competition, to be held during the conference. The competition seeks innovative solutions to address space debris challenges, focusing on technical, regulatory, economic, and social aspects. The registration deadline for the competition is Aug. 30, with applications accepted at The first edition, held in Riyadh in 2024, drew participants from over 50 countries, as well as international organizations and global companies. It concluded with recommendations aimed at raising awareness about the importance of managing space debris.
Times of Oman
07-07-2025
- Business
- Times of Oman
Global Capacity Centres to drive 35-40% of India's office space absorption in 2025: CBRE
New Delhi: India is expected to see strong demand for office spaces in 2025, with Global Capacity Centres (GCCs) projected to absorb 35-40 per cent of the total office space during the year, according to a recent report by CBRE. The report highlighted that India is steadily strengthening its role as a global hub for GCCs. International companies are increasingly turning to India to set up advanced, multi-functional centres due to the country's vast talent pool and cost advantages. These centres are not only expanding but also becoming more sophisticated in terms of the functions they handle. CBRE stated, "In 2025, GCCs are projected to drive approx. 35-40 per cent of total office space absorption, supported by the consolidation of existing operations and the entry of new players." The report mentioned that in the first half of 2025 (January to June), office space absorption remained steady, largely driven by expansion-focused leasing from GCCs, domestic corporates, flexible space operators, banking and financial services (BFSI) players, and technology-based companies. As per the report data, India's office sector has recorded its highest-ever leasing and supply in H1 2025, leasing touched 39 mn. sq. ft., up 3 per cent YoY. It also added that while established companies are setting up large campuses in key Indian cities, new entrants are choosing flexible spaces for quick and agile expansion. This approach is helping companies to scale operations efficiently based on changing business needs. Technology remains the primary sector leading the demand for GCC spaces, as companies continue to focus on innovation and advanced solutions. Other sectors expected to drive demand include BFSI, engineering and manufacturing (E&M), semiconductors, aerospace, automotive, and life sciences. CBRE pointed out that U.S.-based companies continue to dominate India's GCC landscape. However, the success of existing operations is also drawing increased interest from companies based in Europe and Asia, which are now expanding their presence in India. Government support through targeted policies is expected to encourage further leasing activity in emerging markets, while existing hubs continue to see steady growth. In addition, the decentralisation of GCCs to tier-II and tier-III cities is gaining momentum, driven by reverse migration trends. The share of these smaller cities in total GCC space absorption is projected to increase from 7 per cent in FY2024 to 15-20 per cent by 2025.
Economy ME
07-06-2025
- Business
- Economy ME
Eid al-Adha 2025: Key challenges businesses face during the celebrations
Eid al-Adha plays a major role in the business world, especially in regions with a high number of Muslims. It's also known as the 'Festival of Sacrifice,' is celebrated by millions of Muslims worldwide. It commemorates the willingness of Prophet Ibrahim to sacrifice his son as an act of obedience to God. The festival is marked by communal prayers, charitable giving, and the ritual sacrifice of livestock. For businesses, Eid al-Adha presents both significant opportunities and unique challenges, affecting operations, workforce management, supply chains, and consumer behavior. In 2025, both June 6 and 7 will be Eid al-Adha days in Gulf countries and in Asian countries including Pakistan, India, Malaysia, Brunei, Bangladesh, Morocco and Mauritania. The fact that business days vary by country can cause issues for global companies with team members in different locations. Why date variations matter Leave coordination: HR departments must accommodate different national holidays, ensuring that employee leave is managed without disrupting business operations, especially in multicultural or regionally distributed teams. Cross-border communication: Misaligned public holidays can delay communication, approvals, or project milestones, making advance planning essential. Client and partner engagements: Week-long holidays in some countries (e.g., Bangladesh) may require rescheduling or fast-tracking external engagements to avoid operational standstills. Cultural sensitivity: Respecting employees' religious practices enhances morale and inclusivity, with HR teams encouraged to facilitate flexible work schedules and time off. Key business challenges during Eid al-Adha Workforce and HR management Eid al-Adha is a public holiday in many Muslim-majority countries, with varying lengths of leave. For example, the UAE grants a four-day break from June 5 to June 8, 2025, with full pay entitlements under local labor laws. If employees work during the holiday, they are entitled to compensatory time off or additional pay. Challenges: Coordinating leave requests while maintaining business continuity. Managing overtime or compensatory days for essential staff. Ensuring compliance with local labor laws to avoid disputes. Supply chain and logistics disruptions The changes in workdays brought by the festival and their holidays can disturb the movement of goods for industries that rely on international or rapid delivery. Such government breaks in Bangladesh (10 days) may put customs activities on hold, cause delays in shipments and influence the way inventory is managed. Challenges: Delays in shipping and customs clearance. Increased demand for certain goods (e.g., livestock, food products) leading to supply bottlenecks. Need for contingency planning and inventory adjustments. Retail and consumer goods sector Holidays like Eid al-Adha are known for people buying gifts, new clothes, decorations for their homes and food. There are special discounts at stores and the shopping malls see some of their best business for the year. Challenges: Managing inventory to meet surges in demand. Handling increased footfall and ensuring staff availability. Competing with rivals for consumer attention through promotions and marketing. Read more | Eid al-Adha 2025: How the festival fuels economic growth across the GCC and globally Tourism and hospitality Eid holidays are when people in the GCC and other Muslim majority regions go on trips the most. Within the region, Saudi Arabia, UAE and Qatar experience increased tourism which leads to more business at hotels and local entertainment. Challenges: Scaling operations to accommodate increased visitor numbers. Managing bookings, staffing, and service quality during peak periods. Navigating last-minute cancellations or changes due to shifting holiday dates. Livestock and agriculture markets Right before Eid al-Adha, demand for sacrificial animals goes up a lot. Because of this rise, livestock prices climb, trade is more active and importing animal products from Africa, Australia and Asia by GCC countries increases. Challenges: Price volatility due to increased demand and external factors like global feed prices. Supply chain disruptions affecting livestock availability. Regulatory compliance for animal welfare and import standards. Economic impact across regions Eid al-Adha strongly influences different economic areas, mainly retail, hospitality, farming, logistics and jobs. Country/Region Key Economic Impact Areas Notable Trends/Challenges Saudi Arabia Livestock trade, tourism (Hajj), retail Hajj revenue, import reliance, price spikes UAE & Qatar Tourism, entertainment, retail Influx of GCC tourists, event-driven sales Bangladesh Livestock, leather industry, Hajj spending Export boost, foreign exchange outflow Egypt Livestock, food, retail Inflation, affordability issues Indonesia Livestock, charity, Hajj travel Digital livestock markets, charity growth Key points: Retail and hospitality sectors see a revenue boom due to increased spending. Livestock and agriculture markets experience heightened activity and price volatility. Temporary employment opportunities arise in retail, logistics, and hospitality, benefiting lower-income workers and small businesses. Emerging trends and opportunities Digital transformation and e-commerce Consumers use digital platforms now to take part in activities during Eid al-Adha. Using online livestock markets, buyers can procure animals, order slaughter and oversee meat delivery which simplifies the process and makes the market more available to all. Trends: Growth of e-commerce for gifts, clothing, and food. Retailers leveraging online promotions and home delivery services. Increased adoption of digital payment methods. Sustainability and animal welfare Because more people are concerned about animal protection and the environment, new laws and efforts to promote sustainability have arisen in livestock farming. Some choose to symbolically sacrifice or give away the same amount for charity which reflects new culture and changes in economy. Trends: Regulatory oversight on animal welfare. Promotion of sustainable livestock practices. Rise in alternative giving and charitable donations. Strategies for businesses to navigate Eid al-Adha challenges To successfully navigate the complexities of Eid al-Adha, businesses should adopt proactive strategies: Advance planning: Anticipate holiday dates and adjust operational schedules, inventory, and staffing accordingly. Flexible HR policies: Accommodate diverse leave requests and ensure compliance with local labor laws. Supply chain resilience: Build contingency plans for potential disruptions, including alternative suppliers and logistics partners. Digital engagement: Invest in e-commerce platforms, online marketing, and digital payment solutions to capture festive demand. Cultural sensitivity: Promote an inclusive workplace by recognizing and respecting religious observances. Frequently asked questions (FAQs) How do varying Eid al-Adha dates affect multinational businesses? Variations in Eid al-Adha observance dates across countries can disrupt cross-border operations, requiring careful coordination of leave, project timelines, and client engagements to maintain business continuity. What sectors are most impacted by Eid al-Adha? Retail, hospitality, livestock, agriculture, logistics, and tourism sectors experience the most significant impact, with surges in demand, price volatility, and operational challenges. How can businesses prepare for supply chain disruptions during Eid al-Adha? Businesses should plan shipments and inventory well in advance, communicate with suppliers about holiday closures, and develop contingency plans for potential delays. Are there opportunities for digital transformation during Eid al-Adha? Yes, the rise of online livestock markets, e-commerce, and digital payment solutions presents new opportunities for businesses to reach consumers and streamline operations. What are the HR implications for businesses during Eid al-Adha? Employers must manage leave requests, ensure compliance with labor laws regarding public holidays, and provide compensatory time off or additional pay for employees working during the festival. Final word This year's Eid al-Adha brings many challenges and chances for companies everywhere. Managing employee leave, dealing with challenge along the supply chain and seizing retail opportunities require companies to use flexible, understanding and tech-savvy techniques. Using the knowledge of this era and taking advantage of developing trends, companies can both handle risks and explore options for growth.
