IT Market In Saudi Arabia 2020-2024

IT market in Saudi Arabia 2020-2024
Report has been monitoring the IT market in Saudi Arabia and it is poised to grow by $ 6.24 bn during 2020-2024 progressing at a CAGR of 9% during the forecast period. Our reports on 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 Saudi Arabia market scenario, latest trends and drivers, and the overall market environment. The market is driven launch of National Transformation Program (NTP), and booming e-commerce sector. In addition, launch of National Transformation Program (NTP) is anticipated to boost the growth of the market as well.
The IT market in Saudi Arabia market analysis include end user segments and geographic landscapes
Report IT market in Saudi Arabia is segmented as below:
By End-user
• Government
• Telecommunication
• BFSI
• Oil and Gas
• Others
By Component
• Hardware
• Services
• Software
This study identifies use of IT in the creation of NEOM as one of the prime reasons driving the IT market in Saudi Arabia growth during the next few years.
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. Our 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
Report 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, Alphabet Inc., Cisco Systems Inc., Ejada, Hewlett Packard Enterprise Co., Huawei Investment & Holding Co. Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., and SAP SE. 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 on 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. it-market-in-saudi-arabia-industry-analysis
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. Report market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.