Saudi Arabia Big Data Analytics Market By Deployment Mode (On-Premise, Cloud and Hybrid), By Application (Risk & Fraud Analytics, Enterprise Data Warehouse Optimization, Internet of Things, Customer Analytics, Operational Analytics, Security Intelligence and Others), By Component (Solutions and Services), By Organization Size (Large Enterprises and SMEs), By Analytics Type (Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, Diagnostic Analytics), By End Use Industry (BFSI, Healthcare, Government, IT & Telecom, Manufacturing, Retail and Others), By Region, Competition Forecast & Opportunities, 2018-2028

  • Industry : ICT
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  • Published Date : NA
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Summary

Report Description

Due to the rise in data connectivity through cloud computing and the incorporation of digital transportation in top-level initiatives, the Saudi Arabia Big Data Analytics Market is anticipated to grow throughout the projected period.

Big Data Analytics is a subset of advanced analytics, which includes sophisticated applications that incorporate aspects like statistical algorithms, what-if analysis, and predictive models. Big Data analytics offers several benefits, including cost savings, the ability to make quicker, better decisions, the creation of new products and services, and the ability t to stop fraud, among other things.

Growing Digital Healthcare Industry

Healthcare systems can benefit greatly from digital technology, including improved care coordination, real-time monitoring of chronic diseases, more precise diagnosis, more efficient treatments, and patient and physician convenience. Significant financial advantages are also provided by digital healthcare, such as cost savings that may be applied to other high-priority sectors of the healthcare system. The adoption of Big Data Analytics (BDA) in the healthcare industry will enable the application of cutting-edge technologies in patient care and health administration. Large amounts of medical Big Data have been analyzed by healthcare experts with the aid of digitally enabled instruments.

Digital healthcare has the potential to significantly improve healthcare outcomes and efficiency in Saudi Arabia, investing up to USD 27 billion by 2030. The nation has already made significant progress in this area, beginning with the implementation of its Vision 2030 healthcare reform in 2016 to enhance healthcare effectiveness, quality of care, and patient satisfaction. Therefore, the increased adoption of digital healthcare technology in Saudi Arabia, will inevitably lead to the expansion of the country's big data analytics market.

Increasing Artificial Intelligence & Smart City Programs

While 5G forms the foundation for the IoT, AI fed by big data provides the technical capabilities that enable smart machines, devices, applications, and infrastructure to communicate. As an increasing number of devices are plugged into 5G networks, enhanced connectivity and higher speed will generate an enormous wealth of data. This will lead to new insights and functionalities through AI-powered analytics and related services.

The smart city models could also serve as an example of artificial intelligence in Saudi Arabia. The phrase "smart city" is typically used to refer to the application of data and digital technologies to enhance citizen quality of life and decision-making. The smart solution has been put into place in Riyadh, Makkah, Jeddah, Medina, and Al Ahsa thanks to major investment from the Saudi government. The use of intelligent solutions to address issues with parking, energy efficiency, environmental preservation, garbage disposal, and urban landscaping and design are key components of Saudi Arabia's smart city projects. So, as artificial intelligence and smart city efforts grow, so does the Saudi Arabia Big Data Analytics Market.

Saudi Vision 2030

Under the Saudi Arabia Vision 2030, the Saudi Government focuses on providing opportunities, building an educational system linked to the labour market needs, and developing opportunities for all from entrepreneurs and small enterprises to large companies. Saudi government believes in developing its own investment tools to unleash the potential of its promising economic sectors, diversify the economy, and generate job opportunities. In the role of competitiveness in raising the quality of services & economic development, the Saudi government focus on allocating government services and improving the business environment to attract the best global talents and quality investments, leading to the exploitation of their unique strategic position. Developing the Saudi economy depends on applying the most recent ICT approaches. Big data Analytics plays a critical role in everyday life and has penetrated all the fields that involve data usage or information, including health, marketing, and entertainment. Small and large-scale industries are keenly considering implementing big data concepts efficiently to enhance their productivity.


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Market Segments

Saudi Arabia Big Data Analytics Market is segmented into deployment mode, application, component, organization size, analytics type, end use industry, region, and competitive landscape. Based on Deployment Mode, the market is segmented into On-Premises, Cloud and Hybrid. Based on Application, the market is segmented into Risk & Fraud Analytics, Enterprise Data Warehouse Optimization, Internet of Things, Customer Analytics, Operational Analytics, Security Intelligence and Others. Based on Component, the market is segmented into Solutions and Services. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Analytics Type, the market is segmented into Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, Diagnostic Analytics. Based on End Use Industry, the market is segmented into BFSI, Healthcare, Government, IT & Telecom, Manufacturing, Retail and Others.

 

Market Players

Saudi Arabia Big Data Analytics Market players include HData Systems, Quant Data & Analytics, Comprehensive Technology Company (CompTechCo), Oracle Corporation, Midis Group, SEIDOR, Sadeem Knowledge, Environmental Systems Research Institute, Inc., SAS Institute Inc., Teradata Corporation, Microsoft Corporation, IQVIA, Amazon Web Services Inc., SAP SE.

Recent Developments

  • In 2017, The national shipping business of Saudi Arabia, Bahri's Data, and the classification organization DNV GL, based in Norway, agreed to work together to develop new big data capabilities to address safety, quality, and compliance challenges in the maritime sector.
  • In September 2022, in order to provide the best means of opening broad horizons for developing business models while exploring opportunities to employ big data capabilities and smart technology solutions within the maritime sector, the Saudi Maritime Conference showcased the most notable big data solutions and cutting-edge technology in the maritime industry.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

·         By Deployment Mode

·         By Application

·         By Component

·         By Organization Size

·         By Analytics Type

·         By End Use Industry

·         By Region

Regional Scope

Central, Western, Eastern, Rest of Saudi Arabia

Key companies profiled

HData Systems, Quant Data & Analytics, Comprehensive Technology Company (CompTechCo), Oracle Corporation, Midis Group, SEIDOR, Sadeem Knowledge, Environmental Systems Research Institute, Inc., SAS Institute Inc., Teradata Corporation, Microsoft Corporation, IQVIA, Amazon Web Services Inc., SAP SE

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Saudi Arabia Big Data Analytics Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Big Data Analytics Market, By Deployment Mode:
    • On-Premises
    • Cloud
    • Hybrid
  • Saudi Arabia Big Data Analytics Market, By Application:
    • Risk & Fraud Analytics
    • Enterprise Data Warehouse Optimization
    • Internet of Things
    • Customer Analytics
    • Operational Analytics
    • Security Intelligence
    • Others
  • Saudi Arabia Big Data Analytics Market, By Component:
    • Solutions
    • Services
  • Saudi Arabia Big Data Analytics Market, By Organization Size:
    • Large Enterprises
    • SMEs
  • Saudi Arabia Big Data Analytics Market, By Analytics Type:
    • Descriptive Analytics
    • Predictive Analytics
    • Prescriptive Analytics
    • Diagnostic Analytics
  • Saudi Arabia Big Data Analytics Market, By End Use Industry:
    • BFSI
    • Healthcare
    • Government
    • IT & Telecom
    • Manufacturing
    • Retail
    • Others
  • Saudi Arabia Big Data Analytics Market, By Region:
    • Central
    • Western
    • Eastern
    • Rest of Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Big Data Analytics Market.

Available Customizations:

Saudi Arabia Big Data Analytics Market with the given market data, Tech Sci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

·         Detailed analysis and profiling of additional market players (up to five).

Saudi Arabia Big Data Analytics Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Service Overview

1.1.  Market Definition

1.2.  Scope of the Study

2.    Research Methodology

2.1.  Baseline Methodology

2.2.  Methodology Followed for Calculation of Market Size

2.3.  Methodology Followed for Calculation of Market Shares

2.4.  Methodology Followed for Forecasting

3.    Impact of COVID-19 on Saudi Arabia Big Data Analytics Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Preferred Deployment Type

5.2.  Usage of Big Data Analytics

5.3.  Major Challenges associated with Big Data Analytics

6.    Saudi Arabia Big Data Analytics Market Outlook

6.1.   Market Size & Forecast

6.1.1.                           By Value

6.2.   Market Share & Forecast

6.2.1.                           By Deployment Mode (On-Premises, Cloud and Hybrid)

6.2.2.                           By Application (Risk & Fraud Analytics, Enterprise Data Warehouse Optimization, Internet of Things, Customer Analytics, Operational Analytics, Security Intelligence and Others)

6.2.3.                           By Component (Solutions and Services)

6.2.4.                           By Organization Size (Large Enterprises and SMEs)

6.2.5.                           By Analytics Type (Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, Diagnostic Analytics)

6.2.6.                           By End Use Industry (BFSI, Healthcare, Government, IT & Telecom, Manufacturing, Retail and Others)

6.2.7.                           By Region (Central, Western, Eastern, Rest of Saudi Arabia)

6.2.8.                           By Company (2022)

6.3.  Market Map (By Deployment Mode, By Application, By Component, By Organization Size, By Analytics Type, By End Use Industry, and By Region)

7.    Central Saudi Arabia Big Data Analytics Market Outlook

7.1.  Market Size & Forecast

7.1.1.                           By Value

7.2.   Market Share & Forecast

7.2.1.                           By Deployment Mode

7.2.2.                           By Application

7.2.3.                           By Component

7.2.4.                           By Organization Size

7.2.5.                           By Analytics Type

7.2.6.                           By End Use Industry

8.    Western South Saudi Arabia Big Data Analytics Market Outlook

8.1.  Market Size & Forecast

8.1.1.                           By Value

8.2.   Market Share & Forecast

8.2.1.                           By Deployment Mode

8.2.2.                           By Application

8.2.3.                           By Component

8.2.4.                           By Organization Size

8.2.5.                           By Analytics Type

8.2.6.                           By End Use Industry

9.    Eastern Saudi Arabia Big Data Analytics Market Outlook

9.1.  Market Size & Forecast

9.1.1.                           By Value

9.2.   Market Share & Forecast

9.2.1.                           By Deployment Mode

9.2.2.                           By Application

9.2.3.                           By Component

9.2.4.                           By Organization Size

9.2.5.                           By Analytics Type

9.2.6.                           By End Use Industry

10. Market Dynamics                                                                                                      

10.1.             Drivers

10.1.1. Growing Digital Healthcare Industry

10.1.2. Saudi Vision 2030

10.1.3. Increasing Smart City Programs

10.2.             Challenges    

10.2.1. Lack of proper understanding

10.2.2. Data growth issues

11. Market Trends and Developments

11.1.Rising 5G Deployment

11.2.Government Support

11.3.Increasing Construction Projects

11.4.Rising Oil & Gas Industry

11.5.Increasing Investments

12. Policy & Regulatory Landscape

13. Saudi Arabia Economic Profile                                                                                   

14. Competitive Landscape

14.1.             Company Profiles

14.1.1. HData Systems

14.1.1.1.    Company Overview

14.1.1.2.    Product Portfolio

14.1.1.3.    Key Revenue and Financials (If Available)

14.1.1.4.    Key Personals

14.1.1.5.    Recent Developments/Updates

14.1.2. Quant Data & Analytics

14.1.2.1.     Company Overview

14.1.2.2.     Product Portfolio

14.1.2.3.    Key Revenue and Financials (If Available)

14.1.2.4.     Key Personals

14.1.2.5.     Recent Developments/Updates

14.1.3.   Comprehensive Technology Company (CompTechCo)

14.1.3.1.  Company Overview

14.1.3.2.  Product Portfolio

14.1.3.3.    Key Revenue and Financials (If Available)

14.1.3.4.  Key Personals

14.1.3.5.  Recent Developments/Updates

14.1.4. Oracle Corporation

14.1.4.1.  Company Overview

14.1.4.2.  Product Portfolio

14.1.4.3.    Key Revenue and Financials (If Available)

14.1.4.4.  Key Personals

14.1.4.5.  Recent Developments/Updates

14.1.5. Midis Group

14.1.5.1.    Company Overview

14.1.5.2.    Product Portfolio

14.1.5.3.    Key Revenue and Financials (If Available)

14.1.5.4.    Key Personals

14.1.5.5.    Recent Developments/Updates

14.1.6. SEIDOR

14.1.6.1.     Company Overview

14.1.6.2.     Product Portfolio

14.1.6.3.    Key Revenue and Financials (If Available)

14.1.6.4.     Key Personals

14.1.6.5.     Recent Developments/Updates

14.1.7. Sadeem Knowledge

14.1.7.1.     Company Overview

14.1.7.2.     Product Portfolio

14.1.7.3.    Key Revenue and Financials (If Available)

14.1.7.4.     Key Personals

14.1.7.5.     Recent Developments/Updates

14.1.8. Environmental Systems Research Institute, Inc.

14.1.8.1.     Company Overview

14.1.8.2.     Product Portfolio

14.1.8.3.    Key Revenue and Financials (If Available)

14.1.8.4.     Key Personals

14.1.8.5.     Recent Developments/Updates

14.1.9. SAS Institute Inc.

14.1.9.1.     Company Overview

14.1.9.2.     Product Portfolio

14.1.9.3.    Key Revenue and Financials (If Available)

14.1.9.4.     Key Personals

14.1.9.5.     Recent Developments/Updates

14.1.10.    Teradata Corporation

14.1.10.1.  Company Overview

14.1.10.2.  Product Portfolio

14.1.10.3. Key Revenue and Financials (If Available)

14.1.10.4.  Key Personals

14.1.10.5.  Recent Developments/Updates

14.1.11.    Microsoft Corporation

14.1.11.1.  Company Overview

14.1.11.2.  Product Portfolio

14.1.11.3. Key Revenue and Financials (If Available)

14.1.11.4.  Key Personals

14.1.11.5.  Recent Developments/Updates

14.1.12.    IQVIA

14.1.12.1.  Company Overview

14.1.12.2.  Product Portfolio

14.1.12.3. Key Revenue and Financials (If Available)

14.1.12.4.  Key Personals

14.1.12.5.  Recent Developments/Updates

14.1.13.    Amazon Web Services Inc.

14.1.13.1.  Company Overview

14.1.13.2.  Product Portfolio

14.1.13.3. Key Revenue and Financials (If Available)

14.1.13.4.  Key Personals

14.1.13.5.  Recent Developments/Updates

14.1.14.    SAP SE

14.1.14.1.  Company Overview

14.1.14.2.  Product Portfolio

14.1.14.3. Key Revenue and Financials (If Available)

14.1.14.4.  Key Personals

14.1.14.5.  Recent Developments/Updates

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Several businesses use big data mining services to analyze, assess, and convert big data into actionable information.

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The big data market is growing by about 14% every year because of its numerous benefits such as focused and targeted promotions, customer acquisition and retention, potential risks identification, cost optimization, etc.

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The industries which uses big data includes banking, agriculture, real estate and property management, telco industry and healthcare.

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Technologies which are best for big data are Hadoop Ecosystem, Artificial Intelligence, NoSQL Database, R Programming, Data Lakes, Predictive Analytics, Blockchain.

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Sakshi Bajaal

Business Consultant
Press Release

Saudi Arabia Big Data Analytics Market to Register a high CAGR until 2028

Dec, 2022

The rising advent of machine learning and Artificial Intelligence (AI) and the rising penetration of social networking platforms are expected to increase the growth of Saudi Arabia Big Data Analytics

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