How big is the KSA Digital Transformation Market?

The KSA Digital Transformation Market size is expected to reach USD 49.98 billion in 2024 and grow at a CAGR of 10.35% to reach USD 81.78 billion by 2029. Read More

What is the current KSA Digital Transformation Market size?

In 2024, the KSA Digital Transformation Market size is expected to reach USD 49.98 billion. Read More

Who are the key players in KSA Digital Transformation Market?

Accenture PLC, Google LLC (Alphabet Inc.), IBM Corporation, Microsoft Corporation and Oracle Corporation are the major companies operating in the KSA Digital Transformation Market. Read More

What years does this KSA Digital Transformation Market cover, and what was the market size in 2023?

In 2023, the KSA Digital Transformation Market size was estimated at USD 44.81 billion. The report covers the KSA Digital Transformation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the KSA Digital Transformation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

KSA Digital Transformation Market Size & Share Analysis - Industry Research Report

KSA Digital Transformation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The KSA Digital Transformation Market Report is Segmented by Type (Analytics, Artificial Intelligence and Machine Learning, Extended Reality (XR), Iot, Industrial Robotics, Blockchain, Additive Manufacturing/3D Printing, Cybersecurity, Cloud and Edge Computing, and Others (Digital Twin, Mobility, and Connectivity)), End-User Industry (manufacturing, Oil, Gas and Utilities, Retail & E-Commerce, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector, and Others (education, Media & Entertainment, Environment Etc)). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

KSA Digital Transformation Industry Overview

The KSA Digital Transformation market is highly fragmented. Key players in the studied market encompass Accenture, IBM Corporation, Microsoft Corporation, and Google LLC. Market players are bolstering their portfolios and pursuing sustainable competitive edges through strategic partnerships and inventive product offerings.

February 2024: Solutions by STC, a key player in digital transformation in Saudi Arabia, unveiled an Open RAN agreement with Mavenir. Together, they were set to roll out Saudi Arabia's inaugural commercial Open RAN network. This announcement bolstered STC Group's strategic mission of bringing advanced technology to mobile customers in the Kingdom, which is in line with the Vision 2030 digital transformation agenda.
February 2024: Saudi Arabia's Ministry of Media and Google unveiled a strategic partnership focused on bolstering the region's media sector's digital transformation. The partnership aligned with Minister of Media Salman Al-Dosary's declaration that 2024 marks a pivotal year for media transformation in Saudi Arabia. The collaboration aims to introduce specialized programs to boost the skills of local media professionals, journalists, and content creators, all while spearheading digital transformation in the media sector. It also aims to enhance digital literacy and strengthen media economies in line with the objectives of Saudi Vision 2030.