target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: Market Forecast - Doc Document number: # META49112623
Saudi Arabia IT Services Market Forecast, 2022–2027
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Abstract
This IDC study gives an overview of the IT services industry in the Saudi Arabia in 2022 and forecasts IT services expenditure through 2027. It illustrates market size and distribution by foundation market and vertical market and presents forecasts for 12 foundation market categories.
The study answers the following questions:
- What are IDC's predictions for 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, DX, offshoring, and automation)?
- What are the concerns and preferences of end users in Saudi Arabia regarding IT services procurement?
"Saudi Arabia is an exceptional market that comes with its own set of opportunities and challenges. The country is undergoing rapid changes in terms of technology uptake as organizations look to replace their legacy systems with modern alternatives and drive the outcomes required to meet the goals of Saudi Vision 2030. The entire services provider ecosystem must keep up with changes in end-user thinking. On the one hand, end customers have distinct demands, while on the other hand, data security, legislation, and sovereignty requirements present major challenges for the professional services providers they engage." — Program Manager Mufasir Yousuf, IDC Middle East and Africa