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Saudi Arabia IT Services Market Forecast, 2021-2026

Published: | IDC | 23 Pages | Delivery time: 1-2 business days


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Saudi Arabia IT Services Market Forecast, 2021-2026
Published: July 21, 2022
Content info: 23 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

This IDC study gives an overview of the IT services industry in the Saudi Arabia in 2021 and forecasts IT services expenditure through 2026. It illustrates market size and distribution by foundation market and vertical market. The study also presents forecasts for 12 foundation market categories.The study answers the following questions:What are IDC's predictions on IT services spending in Saudi Arabia? What are the assumptions behind the forecast numbers? What impact will digital transformation initiatives have on the market?What are the latest trends in IT services delivery in Saudi Arabia (e.g., hybrid cloud, digital transformation, offshoring, and automation)?What are the concerns and preferences of end users in Saudi Arabia regarding IT services procurement?"Saudi Arabia is a unique market that comes with its own set of opportunities and challenges. On one hand, end customers have new and evolving needs; on the other hand, data security, regulations, and sovereignty requirements are key challenges that need to be addressed by the engaged professional services provider. While global service providers have offerings that are based on their extensive capabilities and expertise across various technology domains, they are not able to address some of their customers' security and regulatory challenges. However, local players, while new to digital transformation and still in the process of finding their own niche positions in the market, have been successful in solving most of these challenges." - Program Manager Mufasir Yousuf, IDC META

Product Code: META47720022

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

  • Developing an Application End-to-End Service Model
  • Supporting Small and Medium-Sized Digital Enterprises
  • Developing Nearshore/Remote Delivery Centers
  • Pushing Cloud Professional Services

Market Forecast

  • Saudi Arabia IT Services Spending Overview by IDC Primary Market
    • Support Services
      • IDC Analysis of the Support Services Primary Market
    • Project-Oriented Services
      • IDC Analysis of the Project-Oriented Services Primary Market
    • Managed Services
      • IDC Analysis of the Managed Services Primary Market
  • Overview of Saudi Arabia IT Services Spending by Vertical Market
    • Combined Government
    • Combined Finance
    • Telecommunications and Media

Market Context

  • Drivers and Inhibitors
    • Drivers
      • The Rise in Oil Prices is Steering Technology Spend Across Verticals
      • Rapid Adoption of Emerging Technologies
      • Digital Government Authority (DGA) Agenda
    • Inhibitors
      • Uncertain CIO Behavior
      • Challenges in Project Execution/Delivery
  • Significant Market Developments
    • Economic Recovery
    • Saudi Arabia's National Investment Strategy
    • National Data Management Office
    • Rapid Adoption of Emerging Technologies
    • Transformed Delivery Models
  • Changes from Prior Forecast

Market Definition

  • Foundation Market View
    • IDC's Services Markets Overview Map


  • Research Sources
  • Revenue Recognition
  • Notes on Forecasting
  • Notes on the Exchange Rates Used in the Report

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