IT Market in Saudi Arabia 2025-2029

IT Market In Saudi Arabia 2025-2029

The IT market in Saudi Arabia is forecasted to grow by USD 5600.3 mn during 2024-2029, accelerating at a CAGR of 6.9% 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.

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.

Technavio's 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
This study identifies the increasing adoption of e-governance as one of the prime reasons driving the it market in Saudi Arabia growth during the next few years. Also, emerging technologies gaining traction and focus on diversification of economy and transformation will lead to sizable demand in the market.

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 robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading it market in Saudi Arabia vendors that include Accenture PLC, Al Moammar Information Systems Co., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp., Comprehensive Technology Co., DataFlow Group, Easy World Automation LLC, Ejada Systems Ltd., Google LLC, 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.. Also, the IT market in Saudi Arabia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 publisher 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 primary and secondary research. 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 accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Component
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Chart on Saudi Arabia: Year-over-year growth 2024-2029 (%)
Data Table on Saudi Arabia: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 IT Market in Saudi Arabia 2019 - 2023
Historic Market Size - Data Table on IT Market in Saudi Arabia 2019 - 2023 ($ million)
5.2 Component segment analysis 2019 - 2023
Historic Market Size - Component Segment 2019 - 2023 ($ million)
5.3 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI Impact on IT Market in Saudi Arabia
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Component
8.1 Market segments
Chart on Component - Market share 2024-2029 (%)
Data Table on Component - Market share 2024-2029 (%)
8.2 Comparison by Component
Chart on Comparison by Component
Data Table on Comparison by Component
8.3 Hardware - Market size and forecast 2024-2029
Chart on Hardware - Market size and forecast 2024-2029 ($ million)
Data Table on Hardware - Market size and forecast 2024-2029 ($ million)
Chart on Hardware - Year-over-year growth 2024-2029 (%)
Data Table on Hardware - Year-over-year growth 2024-2029 (%)
8.4 Services - Market size and forecast 2024-2029
Chart on Services - Market size and forecast 2024-2029 ($ million)
Data Table on Services - Market size and forecast 2024-2029 ($ million)
Chart on Services - Year-over-year growth 2024-2029 (%)
Data Table on Services - Year-over-year growth 2024-2029 (%)
8.5 Software - Market size and forecast 2024-2029
Chart on Software - Market size and forecast 2024-2029 ($ million)
Data Table on Software - Market size and forecast 2024-2029 ($ million)
Chart on Software - Year-over-year growth 2024-2029 (%)
Data Table on Software - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Component
Market opportunity by Component ($ million)
Data Table on Market opportunity by Component ($ million)
9 Market Segmentation by End-user
9.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
9.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
9.3 Government - Market size and forecast 2024-2029
Chart on Government - Market size and forecast 2024-2029 ($ million)
Data Table on Government - Market size and forecast 2024-2029 ($ million)
Chart on Government - Year-over-year growth 2024-2029 (%)
Data Table on Government - Year-over-year growth 2024-2029 (%)
9.4 Telecommunication - Market size and forecast 2024-2029
Chart on Telecommunication - Market size and forecast 2024-2029 ($ million)
Data Table on Telecommunication - Market size and forecast 2024-2029 ($ million)
Chart on Telecommunication - Year-over-year growth 2024-2029 (%)
Data Table on Telecommunication - Year-over-year growth 2024-2029 (%)
9.5 BFSI - Market size and forecast 2024-2029
Chart on BFSI - Market size and forecast 2024-2029 ($ million)
Data Table on BFSI - Market size and forecast 2024-2029 ($ million)
Chart on BFSI - Year-over-year growth 2024-2029 (%)
Data Table on BFSI - Year-over-year growth 2024-2029 (%)
9.6 Oil and gas - Market size and forecast 2024-2029
Chart on Oil and gas - Market size and forecast 2024-2029 ($ million)
Data Table on Oil and gas - Market size and forecast 2024-2029 ($ million)
Chart on Oil and gas - Year-over-year growth 2024-2029 (%)
Data Table on Oil and gas - Year-over-year growth 2024-2029 (%)
9.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.8 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Accenture PLC
Accenture PLC - Overview
Accenture PLC - Business segments
Accenture PLC - Key news
Accenture PLC - Key offerings
Accenture PLC - Segment focus
SWOT
13.5 Al Moammar Information Systems Co.
Al Moammar Information Systems Co. - Overview
Al Moammar Information Systems Co. - Product / Service
Al Moammar Information Systems Co. - Key offerings
SWOT
13.6 Amazon.com Inc.
Amazon.com Inc. - Overview
Amazon.com Inc. - Business segments
Amazon.com Inc. - Key news
Amazon.com Inc. - Key offerings
Amazon.com Inc. - Segment focus
SWOT
13.7 Cisco Systems Inc.
Cisco Systems Inc. - Overview
Cisco Systems Inc. - Business segments
Cisco Systems Inc. - Key news
Cisco Systems Inc. - Key offerings
Cisco Systems Inc. - Segment focus
SWOT
13.8 Cognizant Technology Solutions Corp.
Cognizant Technology Solutions Corp. - Overview
Cognizant Technology Solutions Corp. - Business segments
Cognizant Technology Solutions Corp. - Key news
Cognizant Technology Solutions Corp. - Key offerings
Cognizant Technology Solutions Corp. - Segment focus
SWOT
13.9 Comprehensive Technology Co.
Comprehensive Technology Co. - Overview
Comprehensive Technology Co. - Product / Service
Comprehensive Technology Co. - Key offerings
SWOT
13.10 Easy World Automation LLC
Easy World Automation LLC - Overview
Easy World Automation LLC - Product / Service
Easy World Automation LLC - Key offerings
SWOT
13.11 Ejada Systems Ltd.
Ejada Systems Ltd. - Overview
Ejada Systems Ltd. - Product / Service
Ejada Systems Ltd. - Key offerings
SWOT
13.12 Google LLC
Google LLC - Overview
Google LLC - Product / Service
Google LLC - Key offerings
SWOT
13.13 Hewlett Packard Enterprise Co.
Hewlett Packard Enterprise Co. - Overview
Hewlett Packard Enterprise Co. - Business segments
Hewlett Packard Enterprise Co. - Key news
Hewlett Packard Enterprise Co. - Key offerings
Hewlett Packard Enterprise Co. - Segment focus
SWOT
13.14 Huawei Technologies Co. Ltd.
Huawei Technologies Co. Ltd. - Overview
Huawei Technologies Co. Ltd. - Product / Service
Huawei Technologies Co. Ltd. - Key news
Huawei Technologies Co. Ltd. - Key offerings
SWOT
13.15 International Business Machines Corp.
International Business Machines Corp. - Overview
International Business Machines Corp. - Business segments
International Business Machines Corp. - Key news
International Business Machines Corp. - Key offerings
International Business Machines Corp. - Segment focus
SWOT
13.16 Microsoft Corp.
Microsoft Corp. - Overview
Microsoft Corp. - Business segments
Microsoft Corp. - Key news
Microsoft Corp. - Key offerings
Microsoft Corp. - Segment focus
SWOT
13.17 Oracle Corp.
Oracle Corp. - Overview
Oracle Corp. - Business segments
Oracle Corp. - Key news
Oracle Corp. - Key offerings
Oracle Corp. - Segment focus
SWOT
13.18 SAP SE
SAP SE - Overview
SAP SE - Business segments
SAP SE - Key news
SAP SE - Key offerings
SAP SE - Segment focus
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Component
Exhibits5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits8: Overview on criticality of inputs and factors of differentiation
Exhibits9: Overview on factors of disruption
Exhibits10: Impact of drivers and challenges in 2024 and 2029
Exhibits11: Parent Market
Exhibits12: Data Table on - Parent Market
Exhibits13: Market characteristics analysis
Exhibits14: Value chain analysis
Exhibits15: Offerings of companies included in the market definition
Exhibits16: Market segments
Exhibits17: Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Exhibits18: Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ million)
Exhibits19: Chart on Saudi Arabia: Year-over-year growth 2024-2029 (%)
Exhibits20: Data Table on Saudi Arabia: Year-over-year growth 2024-2029 (%)
Exhibits21: Historic Market Size - Data Table on IT Market in Saudi Arabia 2019 - 2023 ($ million)
Exhibits22: Historic Market Size - Component Segment 2019 - 2023 ($ million)
Exhibits23: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits24: Five forces analysis - Comparison between 2024 and 2029
Exhibits25: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits26: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits27: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits28: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits29: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits30: Chart on Market condition - Five forces 2024 and 2029
Exhibits31: Chart on Component - Market share 2024-2029 (%)
Exhibits32: Data Table on Component - Market share 2024-2029 (%)
Exhibits33: Chart on Comparison by Component
Exhibits34: Data Table on Comparison by Component
Exhibits35: Chart on Hardware - Market size and forecast 2024-2029 ($ million)
Exhibits36: Data Table on Hardware - Market size and forecast 2024-2029 ($ million)
Exhibits37: Chart on Hardware - Year-over-year growth 2024-2029 (%)
Exhibits38: Data Table on Hardware - Year-over-year growth 2024-2029 (%)
Exhibits39: Chart on Services - Market size and forecast 2024-2029 ($ million)
Exhibits40: Data Table on Services - Market size and forecast 2024-2029 ($ million)
Exhibits41: Chart on Services - Year-over-year growth 2024-2029 (%)
Exhibits42: Data Table on Services - Year-over-year growth 2024-2029 (%)
Exhibits43: Chart on Software - Market size and forecast 2024-2029 ($ million)
Exhibits44: Data Table on Software - Market size and forecast 2024-2029 ($ million)
Exhibits45: Chart on Software - Year-over-year growth 2024-2029 (%)
Exhibits46: Data Table on Software - Year-over-year growth 2024-2029 (%)
Exhibits47: Market opportunity by Component ($ million)
Exhibits48: Data Table on Market opportunity by Component ($ million)
Exhibits49: Chart on End-user - Market share 2024-2029 (%)
Exhibits50: Data Table on End-user - Market share 2024-2029 (%)
Exhibits51: Chart on Comparison by End-user
Exhibits52: Data Table on Comparison by End-user
Exhibits53: Chart on Government - Market size and forecast 2024-2029 ($ million)
Exhibits54: Data Table on Government - Market size and forecast 2024-2029 ($ million)
Exhibits55: Chart on Government - Year-over-year growth 2024-2029 (%)
Exhibits56: Data Table on Government - Year-over-year growth 2024-2029 (%)
Exhibits57: Chart on Telecommunication - Market size and forecast 2024-2029 ($ million)
Exhibits58: Data Table on Telecommunication - Market size and forecast 2024-2029 ($ million)
Exhibits59: Chart on Telecommunication - Year-over-year growth 2024-2029 (%)
Exhibits60: Data Table on Telecommunication - Year-over-year growth 2024-2029 (%)
Exhibits61: Chart on BFSI - Market size and forecast 2024-2029 ($ million)
Exhibits62: Data Table on BFSI - Market size and forecast 2024-2029 ($ million)
Exhibits63: Chart on BFSI - Year-over-year growth 2024-2029 (%)
Exhibits64: Data Table on BFSI - Year-over-year growth 2024-2029 (%)
Exhibits65: Chart on Oil and gas - Market size and forecast 2024-2029 ($ million)
Exhibits66: Data Table on Oil and gas - Market size and forecast 2024-2029 ($ million)
Exhibits67: Chart on Oil and gas - Year-over-year growth 2024-2029 (%)
Exhibits68: Data Table on Oil and gas - Year-over-year growth 2024-2029 (%)
Exhibits69: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits70: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits71: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits72: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits73: Market opportunity by End-user ($ million)
Exhibits74: Data Table on Market opportunity by End-user ($ million)
Exhibits75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits76: Impact of drivers and challenges in 2024 and 2029
Exhibits77: Overview on criticality of inputs and factors of differentiation
Exhibits78: Overview on factors of disruption
Exhibits79: Impact of key risks on business
Exhibits80: Companies covered
Exhibits81: Company ranking index
Exhibits82: Matrix on companies position and classification
Exhibits83: Accenture PLC - Overview
Exhibits84: Accenture PLC - Business segments
Exhibits85: Accenture PLC - Key news
Exhibits86: Accenture PLC - Key offerings
Exhibits87: Accenture PLC - Segment focus
Exhibits88: SWOT
Exhibits89: Al Moammar Information Systems Co. - Overview
Exhibits90: Al Moammar Information Systems Co. - Product / Service
Exhibits91: Al Moammar Information Systems Co. - Key offerings
Exhibits92: SWOT
Exhibits93: Amazon.com Inc. - Overview
Exhibits94: Amazon.com Inc. - Business segments
Exhibits95: Amazon.com Inc. - Key news
Exhibits96: Amazon.com Inc. - Key offerings
Exhibits97: Amazon.com Inc. - Segment focus
Exhibits98: SWOT
Exhibits99: Cisco Systems Inc. - Overview
Exhibits100: Cisco Systems Inc. - Business segments
Exhibits101: Cisco Systems Inc. - Key news
Exhibits102: Cisco Systems Inc. - Key offerings
Exhibits103: Cisco Systems Inc. - Segment focus
Exhibits104: SWOT
Exhibits105: Cognizant Technology Solutions Corp. - Overview
Exhibits106: Cognizant Technology Solutions Corp. - Business segments
Exhibits107: Cognizant Technology Solutions Corp. - Key news
Exhibits108: Cognizant Technology Solutions Corp. - Key offerings
Exhibits109: Cognizant Technology Solutions Corp. - Segment focus
Exhibits110: SWOT
Exhibits111: Comprehensive Technology Co. - Overview
Exhibits112: Comprehensive Technology Co. - Product / Service
Exhibits113: Comprehensive Technology Co. - Key offerings
Exhibits114: SWOT
Exhibits115: Easy World Automation LLC - Overview
Exhibits116: Easy World Automation LLC - Product / Service
Exhibits117: Easy World Automation LLC - Key offerings
Exhibits118: SWOT
Exhibits119: Ejada Systems Ltd. - Overview
Exhibits120: Ejada Systems Ltd. - Product / Service
Exhibits121: Ejada Systems Ltd. - Key offerings
Exhibits122: SWOT
Exhibits123: Google LLC - Overview
Exhibits124: Google LLC - Product / Service
Exhibits125: Google LLC - Key offerings
Exhibits126: SWOT
Exhibits127: Hewlett Packard Enterprise Co. - Overview
Exhibits128: Hewlett Packard Enterprise Co. - Business segments
Exhibits129: Hewlett Packard Enterprise Co. - Key news
Exhibits130: Hewlett Packard Enterprise Co. - Key offerings
Exhibits131: Hewlett Packard Enterprise Co. - Segment focus
Exhibits132: SWOT
Exhibits133: Huawei Technologies Co. Ltd. - Overview
Exhibits134: Huawei Technologies Co. Ltd. - Product / Service
Exhibits135: Huawei Technologies Co. Ltd. - Key news
Exhibits136: Huawei Technologies Co. Ltd. - Key offerings
Exhibits137: SWOT
Exhibits138: International Business Machines Corp. - Overview
Exhibits139: International Business Machines Corp. - Business segments
Exhibits140: International Business Machines Corp. - Key news
Exhibits141: International Business Machines Corp. - Key offerings
Exhibits142: International Business Machines Corp. - Segment focus
Exhibits143: SWOT
Exhibits144: Microsoft Corp. - Overview
Exhibits145: Microsoft Corp. - Business segments
Exhibits146: Microsoft Corp. - Key news
Exhibits147: Microsoft Corp. - Key offerings
Exhibits148: Microsoft Corp. - Segment focus
Exhibits149: SWOT
Exhibits150: Oracle Corp. - Overview
Exhibits151: Oracle Corp. - Business segments
Exhibits152: Oracle Corp. - Key news
Exhibits153: Oracle Corp. - Key offerings
Exhibits154: Oracle Corp. - Segment focus
Exhibits155: SWOT
Exhibits156: SAP SE - Overview
Exhibits157: SAP SE - Business segments
Exhibits158: SAP SE - Key news
Exhibits159: SAP SE - Key offerings
Exhibits160: SAP SE - Segment focus
Exhibits161: SWOT
Exhibits162: Inclusions checklist
Exhibits163: Exclusions checklist
Exhibits164: Currency conversion rates for US$
Exhibits165: Research methodology
Exhibits166: Information sources
Exhibits167: Data validation
Exhibits168: Validation techniques employed for market sizing
Exhibits169: Data synthesis
Exhibits170: 360 degree market analysis
Exhibits171: List of abbreviations

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