Saudi Arabia ICT Market Share

Market Share of Saudi Arabia ICT Industry

The Saudi Arabian ICT market is fragmented, with the main factors governing this force being sustainable competitive advantage through innovation, levels of market penetration, barriers to exit, power of competitive strategy, and firm concentration ratio. The major players in the area are IBM Corporation, DELL Technologies Inc., Palo Alto Networks Inc., Amazon Web Services Inc. (AMAZON.COM INC.), and nybl.

• January 2024 - IBM launched its regional headquarters in Riyadh. The launch of the regional headquarters extends IBM’s presence in the Kingdom and reiterates the company’s commitment to enhancing Saudi Arabia’s digital transformation.
• October 2023 - Salam partnered with Yogosha, the global provider of offensive Security Testing. This partnership contributes to Salam’s offering by allowing Salam to scale its capacity to cover more customers with a global strike force of over 800+ highly vetted international Security Researchers. Yogosha, as a global Offensive Security Testing leader, can offer regional customers these premium offensive services via Salam infrastructure in Saudi Arabia to comply with local data residency regulations.

Saudi Arabia ICT Market Leaders

1. IBM Corporation

2. DELL Technologies INC.

3. Palo Alto Networks Inc.

4. Amazon Web Services Inc. (AMAZON.COM INC.)

5. nybl

*Disclaimer: Major Players sorted in no particular order