IT Market in Saudi Arabia 2019-2023 - Product Image

IT Market in Saudi Arabia 2019-2023

  • ID: 4703302
  • Report
  • Region: Saudi Arabia
  • 113 pages
  • TechNavio
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FEATURED COMPANIES

  • Accenture
  • Ejada
  • IBM
  • Microsoft
  • Oracle
  • MORE
The popularity of technologies such as artificial intelligence, the blockchain, IoT, VR and AR is rising in Saudi Arabia. Factors such as the availability of capital and political stability and long-term technology initiatives of the Saudi Arabian government provides a favorable environment to implement these advanced technologies. Analysts have predicted that the IT market in Saudi Arabia will register a CAGR of almost 9% by 2023.

Market Overview

The establishment of Nation Transformation Program (NTP)
The main objective of the NTP is to improve the infrastructure and economic conditions of the nation. The Saudi Arabia government is taking initiatives to digitally enable all sectors of the economy such as manufacturing, BFSI, healthcare, and government under the NTP using IT.

Fluctuating oil prices

The fluctuations in oil prices severely affect the IT spending capacity of the country. This in turn, reduces business opportunities for service providers and IT product vendors.

For the detailed list of factors that will drive and challenge the growth of the IT market in Saudi Arabia during 2019-2023, view the report.

Competitive landscape

The market appears to be fragmented with the presence of many companies. Factors such as the popularity of technologies such as artificial intelligence, the blockchain, IoT, VR and AR and establishment of Nation Transformation Program, will provide considerable growth opportunities to manufacturers in the Saudi Arabian IT market. Accenture, Ejada, IBM, Microsoft, and Oracle are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Accenture
  • Ejada
  • IBM
  • Microsoft
  • Oracle
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY END-USER
  • Market segmentation by end-user
  • Comparison by end-user
  • Government - Market size and forecast 2018-2023
  • Telecommunications - Market size and forecast 2018-2023
  • BFSI - Market size and forecast 2018-2023
  • Oil & Gas - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY COMPONENT
  • Market segmentation by component
  • Comparison by component
  • Hardware - Market size and forecast 2018-2023
  • Services - Market size and forecast 2018-2023
  • Software - Market size and forecast 2018-2023
  • Market opportunity by component
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Accenture
  • Ejada
  • IBM
  • Microsoft
  • Oracle
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global IT spending market
Exhibit 02: Segments of global it spending market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Country market: Size and forecast 2018-2023 ($ billions)
Exhibit 08: Country market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: End-user - Market share 2018-2023 (%)
Exhibit 18: Comparison by end-user
Exhibit 19: Government - Market size and forecast 2018-2023 ($ billions)
Exhibit 20: Government - Year-over-year growth 2019-2023 (%)
Exhibit 21: Telecommunications - Market size and forecast 2018-2023 ($ billions)
Exhibit 22: Telecommunications - Year-over-year growth 2019-2023 (%)
Exhibit 23: BFSI - Market size and forecast 2018-2023 ($ billions)
Exhibit 24: BFSI - Year-over-year growth 2019-2023 (%)
Exhibit 25: Oil & Gas - Market size and forecast 2018-2023 ($ billions)
Exhibit 26: Oil & Gas - Year-over-year growth 2019-2023 (%)
Exhibit 27: Others - Market size and forecast 2018-2023 ($ billions)
Exhibit 28: Others - Year-over-year growth 2019-2023 (%)
Exhibit 29: Market opportunity by end-user
Exhibit 30: Customer landscape
Exhibit 31: Component - Market share 2018-2023 (%)
Exhibit 32: Comparison by component
Exhibit 33: Hardware - Market size and forecast 2018-2023 ($ billions)
Exhibit 34: Hardware - Year-over-year growth 2019-2023 (%)
Exhibit 35: Services - Market size and forecast 2018-2023 ($ billions)
Exhibit 36: Services - Year-over-year growth 2019-2023 (%)
Exhibit 37: Software - Market size and forecast 2018-2023 ($ billions)
Exhibit 38: Software - Year-over-year growth 2019-2023 (%)
Exhibit 39: Market opportunity by component
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: Accenture - Vendor overview
Exhibit 47: Accenture - Business segments
Exhibit 48: Accenture - Organizational developments
Exhibit 49: Accenture - Geographic focus
Exhibit 50: Accenture - Segment focus
Exhibit 51: Accenture - Key offerings
Exhibit 52: Ejada - Vendor overview
Exhibit 53: Ejada - Key offerings
Exhibit 54: IBM - Vendor overview
Exhibit 55: IBM - Business segments
Exhibit 56: IBM - Organizational developments
Exhibit 57: IBM - Geographic focus
Exhibit 58: IBM - Segment focus
Exhibit 59: IBM - Key offerings
Exhibit 60: Microsoft - Vendor overview
Exhibit 61: Microsoft - Business segments
Exhibit 62: Microsoft - Organizational developments
Exhibit 63: Microsoft - Geographic focus
Exhibit 64: Microsoft - Segment focus
Exhibit 65: Microsoft - Key offerings
Exhibit 66: Oracle - Vendor overview
Exhibit 67: Oracle - Business segments
Exhibit 68: Oracle - Organizational developments
Exhibit 69: Oracle - Geographic focus
Exhibit 70: Oracle - Segment focus
Exhibit 71: Oracle - Key offerings
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Accenture
  • Ejada
  • IBM
  • Microsoft
  • Oracle
  • MORE
The author of the report recognizes the following companies as the key players in the IT market in Saudi Arabia: Accenture, Ejada, IBM, Microsoft, and Oracle.

Commenting on the report, an analyst from the research team said: “One trend affecting this market is the emergence of advanced technologies.”

According to the report, one driver influencing this market is the launch of Nation Transformation Program (NTP).

Further, the report states that one challenge affecting this market is the increasing threat of cyber-crimes.

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.
Note: Product cover images may vary from those shown
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  • Accenture
  • Ejada
  • IBM
  • Microsoft
  • Oracle
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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