Description
Understand the future of Saudi Arabia’s enterprise ICT sector with GlobalData’s in-depth market intelligence report. Covering market size, ICT spending trends, technology adoption priorities and revenue opportunities, this report helps you make data-driven decisions in one of the Middle East’s fastest-growing enterprise technology markets.
Built on GlobalData’s proprietary technology intelligence platform, and trusted by Fortune 500 companies and leading governments, this report combines survey-based insights with forecast data to guide your business, investment and technology strategy in Saudi Arabia’s rapidly evolving digital ecosystem.
What you’ll find in our Saudi Arabia Enterprise ICT Market report?
- Market Size & Growth Outlook (2023–2028): Saudi Arabia’s ICT market was valued at over US$28 billion in 2023 and is forecast to exceed US$45 billion by 2028, growing at a CAGR above 10%.
- ICT Spending Trends: More than 83% of Saudi enterprises increased their ICT budgets in 2024. This reflects rising confidence and accelerating digital transformation investments.
- Revenue Opportunity Forecast: IT services will continue to dominate market revenue, followed by software and hardware segments.
- Cloud Computing Growth: Cloud computing remains the most attractive segment, valued at over US$4 billion in 2023, and is expected to grow at 15%+ CAGR through 2028.
- Enterprise Survey Insights: According to GlobalData’s H1 2024 ICT Customer Insight Survey, enterprise spending has risen across cloud, IoT, collaboration tools and consulting services.
- Vertical Market Opportunities: Explore growth across energy, manufacturing, retail, finance and utilities. The energy sector, generating over US$4 billion in 2023, remains the top contributor.
- Technology Priorities: Track enterprise investments in cloud computing, AI, IoT, edge computing and cybersecurity—all key to competitive advantage.
- Regulatory and Macroeconomic Drivers: Understand how Vision 2030, 5G deployment, fiber-optic expansion and the national AI strategy are transforming Saudi Arabia’s ICT landscape.
- Benchmarking Tools: Compare ICT budget allocations, segment performance and vertical-specific opportunities to refine your enterprise strategy and market approach.
Who should read this Saudi Arabia Enterprise ICT Market report?
This report is essential for:
- ICT Vendors & Solution Providers – Identify areas of enterprise ICT budget growth and expand offerings in AI, cloud and IoT.
- Telecom Operators & Network Providers – Evaluate new opportunities created by 5G expansion, enterprise connectivity demand and data centre development.
- Technology Consultants & Systems Integrators – Align services with high-demand ICT solutions, such as cybersecurity, analytics and integration.
- Investors & Venture Capital Firms – Assess market potential across emerging ICT verticals and fast-growing solution areas.
- Government Agencies & Policymakers – Understand how Vision 2030 initiatives and smart city projects are reshaping ICT investments.
- Enterprise CIOs, CTOs & IT Decision-Makers – Plan smarter technology investments, procurement and innovation strategies.
- Market Analysts & Advisors – Leverage data-backed forecasts and survey insights to advise on market entry and digital growth.
How you can use our Saudi Arabia Enterprise ICT Market report?
This report helps you:
- Identify high-growth ICT opportunities across hardware, software and services categories.
- Benchmark enterprise ICT spending patterns across industries and solution areas.
- Support go-to-market strategies aligned with Vision 2030 digital transformation goals.
- Evaluate cloud computing, IoT and cybersecurity investments with data-driven insights.
- Develop strategic partnerships and competitive benchmarking against market leaders.
- Strengthen forecasting and business planning using GlobalData’s reliable ICT intelligence.
For example, STC, Zain and Mobily can use this report to evaluate enterprise ICT service opportunities. Microsoft, Oracle and Google Cloud can identify cloud adoption growth segments, while Accenture and IBM may align their consulting services with Saudi Arabia’s giga-projects and e-governance programmes.
Why this report is valuable for you?
- Built on GlobalData’s proprietary customer insight and market forecasting models
- Trusted by Fortune 500 companies and leading governments
- Backed by analysts with decades of enterprise ICT expertise
- Combines survey-based insights with robust quantitative data
- Provides actionable intelligence for smarter investment and strategy decisions
- Helps you benchmark and plan confidently in a rapidly transforming ICT landscape
In a fast-evolving enterprise ICT market, reliable intelligence is your strongest advantage. Equip your team with trusted insights and actionable data to make smarter decisions on ICT investments, cloud strategy and technology benchmarking in Saudi Arabia’s innovation-driven digital economy.
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