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The IT market in Saudi Arabia is forecasted to grow by USD 5.15 billion during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the IT market in Saudi Arabia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by launch of national transformation program, widespread use of it in mega projects like neom, and booming E-COMMERCE sector.
The IT market in Saudi Arabia is segmented as below:
By Component
- Hardware
- Services
- Software
By End-user
- Government
- Telecommunication
- BFSI
- Oil and gas
- Others
By Geographical Landscape
- Middle East and Africa
The report on the IT market in Saudi Arabia covers the following areas:
- IT market in Saudi Arabia sizing
- IT market in Saudi Arabia forecast
- IT market in Saudi Arabia industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the IT market in Saudi Arabia: Accenture PLC, Al Moammar Information Systems Co., Alphabet Inc., Amazon.com Inc., AT&T Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp., Comprehensive Technology Co., DataFlow Group, Easy World Automation LLC, Ejada Systems Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., International Business Machines Corp., IQVIA Holdings Inc., Microsoft Corp., NEC Corp., Oracle Corp., SAP SE, and SAS Institute Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of e-governance."
According to the report, one of the major drivers for this market is the launch of national transformation program.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture Plc
- Al Moammar Information Systems Co.
- Alphabet Inc.
- Amazon.com Inc.
- AT&T Inc.
- Cisco Systems Inc.
- Cognizant Technology Solutions Corp.
- Comprehensive Technology Co.
- DataFlow Group
- Easy World Automation LLC
- Ejada Systems Ltd.
- Hewlett Packard Enterprise Co.
- Huawei Technologies Co. Ltd.
- International Business Machines Corp.
- IQVIA Holdings Inc.
- Microsoft Corp.
- NEC Corp.
- Oracle Corp.
- SAP SE
- SAS Institute Inc.
