Saudi Arabia IT Services Market Forecast, 2023–2028

IDC Market Forecast Figure

• Figure: Saudi Arabia IT Services Spending Snapshot

Executive Summary

Advice for Technology Suppliers

• The Imperative of Data and AI Services in the Saudi IT Market

• Adapting to a Competitive Landscape

• The Importance of Innovation and Co-Creation Hubs

• A Balancing Act: The Changing Needs of Large Enterprises and an Untapped SME Market

Market Forecast

• Figure: Saudi Arabia IT Services Spending by Foundation Market, 2023–2028 ($M)

• Table: Saudi Arabia IT Services Spending ($M) by IDC Foundation Market, 2023–2028

• Figure: Saudi Arabia Support Services Spending ($M) and Growth, 2023–2028

• IDC Analysis of the Support Services Primary Market

• Figure: Saudi Arabia Project Oriented Services Spending ($M) and Growth, 2023–2028

• IDC Analysis of the Project Services Primary Market

• Figure: Saudi Arabia Managed Services Spending ($M) and Growth, 2023–2028

• IDC Analysis of the Managed Services Primary Market

• Overview of Saudi Arabia IT Services Spending by Vertical Market

• Figure: Saudi Arabia IT Services Spending ($M) by Vertical Market, 2023

• Public Sector

• Infrastructure and Energy

• Financial Services

Market Context

• Drivers and Inhibitors

• Drivers

• Inhibitors

• Significant Market Developments

• Economic Momentum and Market Drivers

• Technology Investments and National Strategies

• Giga Projects Paving the Way for IT Services Demand

• The Impact of Oil Prices and Regional Dynamics

• Changes from Prior Forecast

• Table: Saudi Arabia IT Services Spending ($M) Forecast, 2024–2028 Versus 2023–2027

• Figure: Saudi Arabia IT Services Spending ($M) Forecast, 2024–2028 Versus 2023–2027

Market Definition

• IDC's Services Markets Overview Map

• Table: IDC's Services Overview Market Map

Methodology

• Research Sources

• Revenue Recognition

• Notes on Forecasting

• Notes on the Exchange Rates Used in the Report

Related Research