IT Market in Saudi Arabia 2021-2025 - Focus on Government, Telecommunication, BFSI, Oil and Gas - ResearchAndMarkets.com

The "IT Market in Saudi Arabia 2021-2025" report has been added to ResearchAndMarkets.com's offering.

The IT market in Saudi Arabia is poised to grow by $5.00 million during 2021-2025, progressing at a CAGR of almost 8% during the forecast period.

The market is driven by the launch of National Transformation Program (NTP) and the use of IT in the creation of NEOM. This study identifies the booming e-commerce sector as one of the prime reasons driving the IT market growth in Saudi Arabia during the next few years.

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, latest trends and drivers, and the overall market environment. The IT market in Saudi Arabia analysis includes the end-user and component segments.

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, Alphabet Inc., Cisco Systems Inc., Ejada, Hewlett Packard Enterprise Development LP, Huawei Investment and 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 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 IT market in Saudi Arabia is segmented as below:

By End-user

• Government
• Telecommunication
• BFSI
• Oil and Gas
• Others

By Component

• Hardware
• Services
• Software

The report on IT market in Saudi Arabia covers the following areas:

• IT market sizing in Saudi Arabia
• IT market forecast in Saudi Arabia
• IT market industry analysis in Saudi Arabia

Key Topics Covered:

Executive Summary

• Market overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by End-user

• Market segments
• Comparison by End user
• Government - Market size and forecast 2020-2025
• Telecommunication - Market size and forecast 2020-2025
• BFSI - Market size and forecast 2020-2025
• Oil and Gas - Market size and forecast 2020-2025
• Others - Market size and forecast 2020-2025
• Market opportunity by End user

Market Segmentation by Component

• Market segments
• Comparison by Component
• Hardware - Market size and forecast 2020-2025
• Services - Market size and forecast 2020-2025
• Software - Market size and forecast 2020-2025
• Market opportunity by Component

Customer landscape

• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Accenture Plc
• Alphabet Inc.
• Cisco Systems Inc.
• Ejada
• Hewlett Packard Enterprise Development LP
• Huawei Investment and Holding Co. Ltd.
• International Business Machines Corp.
• Microsoft Corp.
• Oracle Corp.
• SAP SE

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/agj0ex

View source version on businesswire.com: https://www.businesswire.com/news/home/20210507005221/en/