Saudi Arabia Cloud Computing market is expected to grow at a steady rate during the forecast period. The launch of several government initiatives such as Saudi Vision 2030 and Cloud-First Policy is the major driver for the Cloud Computing market in the forecast period. The rise in the digitization process across various industry verticals to speed up the process and increase the transparency in the system is expected to fuel the growth of the Cloud Computing market. Saudi Vision 2030 is encouraging foreign investment to develop and advance the technology sector. Cloud-First Policy has accelerated the adoption of advanced technologies such as artificial intelligence, 4th industrial revolution technologies, among others which is increasing the efficiency and performance of the systems. The oil industry is considered the major revenue-generating industry in Saudi Arabia and the government is aiming to reduce the dependence on the oil industry by diversifying other industries and promoting the adoption of cloud technology to spur the economic growth of the country. The development of secure payment gateways for online transactions and the rise in preference of consumers for online payments is making the key players invest in cloud technology and provide user-friendly applications. Online transactions are preferred over the traditional method as they are quick, easy, and secure in nature.

The Saudi Arabia Cloud Computing market is segmented into service, type, organization size, application, end user, regional distribution, and company. Based on service, the market is divided into SaaS, IaaS, and PaaS. The SaaS that is Software as a Service segment is expected to hold a major market share in the forecast period, 2022-2026. The growing demand for SaaS for different business functions such as ERP, marketing automation, customer relationship management, project management, among others is the driving factor for the growth of this segment. The rise in demand for subscription-based pricing models is further accelerating the growth of the SaaS segment.

The major players operating on the Cloud Computing market are Saudi Aramco Development Co., Oracle Systems Limited - Saudi Arabia, Saudi Telecom Company, Alibaba Cloud, IBM Saudi Arabia, Microsoft Corporation, Nournet, Wafai CLOUD, CloudSigma AG, Etihad Etisalat Company, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze and estimate the market size of Saudi Arabia Cloud Computing market from 2016 to 2019.
  • To estimate and forecast the market size of Saudi Arabia Cloud Computing market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast Saudi Arabia Cloud Computing market based on service, type, organization size, application, end user, regional distribution, and company.
  • To identify dominant region or segment in the Saudi Arabia Cloud Computing market.
  • To identify drivers and challenges for Saudi Arabia Cloud Computing market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Cloud Computing market.
  • To identify and analyze the profile of leading players operating in Saudi Arabia Cloud Computing market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia Cloud Computing market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Saudi Arabia Cloud Computing market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research. 

Key Target Audience:

  • Cloud Computing service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to Cloud Computing market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Saudi Arabia Cloud Computing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Cloud Computing Market, By Service:
    • SaaS
    • IaaS
    • PaaS
  • Saudi Arabia Cloud Computing Market, By Type:
    • Public
    • Private
    • Hybrid
  • Saudi Arabia Cloud Computing Market, By Organization Size:
    • Small & Medium-Sized Enterprises (SMEs)
    • Large Enterprises
  • Saudi Arabia Cloud Computing Market, By Application
    • App Hosting
    • E-mail
    • Storage & Backup
    • CRM
    • Business Analytics
    • Database & Content Management
    • Others
  • Saudi Arabia Cloud Computing Market, By End User:
    • IT & Telecom
    • BFSI
    • Manufacturing
    • Government
    • Healthcare
    • Others
  • Saudi Arabia Cloud Computing Market, By Region:
    • Western Region
    • Northern & Central Region
    • Eastern Region
    • Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Cloud Computing market.

Available Customizations:

With the given market data, TechSci 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 Cloud Computing 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]  

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Saudi Arabia Cloud Computing Market

4.    Executive Summary

5.    Saudi Arabia Cloud Computing Market Outlook

5.1.  Market Size & Forecast

5.1.1. By Value

5.2.  Market Share & Forecast

5.2.1. By Service (SaaS, IaaS, PaaS)

5.2.2. By Type (Public, Private, Hybrid)

5.2.3.   By Organization Size (Small & Medium-Sized Enterprises (SMEs), Large Enterprises)

5.2.4. By Application (App Hosting, E-mail, Storage & Backup, CRM, Business Analytics, Database & Content Management and Others)

5.2.5. By End User (IT & Telecom, BFSI, Manufacturing, Government, Healthcare and Others)

5.2.6. By Region

5.2.7. By Company (2020)

5.3.  Product Market Map

6.    Saudi Arabia Public Cloud Computing Market Outlook

6.1.  Market Size & Forecast          

6.1.1. By Value

6.2.  Market Share & Forecast

6.2.1. By Service

6.2.2. By Organization Size

6.2.3. By Application

6.2.4. By End User

7.    Saudi Arabia Private Cloud Computing Market Outlook

7.1.  Market Size & Forecast          

7.1.1. By Value

7.2.  Market Share & Forecast

7.2.1. By Service

7.2.2. By Organization Size

7.2.3. By Application

7.2.4. By End User

8.    Saudi Arabia Hybrid Cloud Computing Market Outlook

8.1.  Market Size & Forecast          

8.1.1. By Value

8.2.  Market Share & Forecast

8.2.1. By Service

8.2.2. By Organization Size

8.2.3. By Application

8.2.4. By End User

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Saudi Arabia Economic Profile

13.  Competitive Landscape

13.1.              Company Profiles

13.1.1.   Saudi Aramco Development Co.

13.1.2.   Oracle Systems Limited - Saudi Arabia

13.1.3.   Saudi Telecom Company

13.1.4.   Alibaba Cloud

13.1.5.   IBM Saudi Arabia

13.1.6.   Microsoft Corporation

13.1.7.   Nournet

13.1.8.   Wafai CLOUD

13.1.9.   CloudSigma AG

13.1.10. Etihad Etisalat Company

14.  Strategic Recommendations

15. About us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]