After witnessing a slowdown over the past few years, the Saudi Arabian economy is now regaining momentum. With ambitious plans such as Saudi Vision 2030, the country is experiencing construction of several new healthcare facilities, hotels, resorts and small and medium scale enterprises. Further, growing interest and investment by major cloud service providers in Saudi Arabia and other Middle East countries would also increase the demand for software as a service solution in the region over the coming years.

According to research, Saudi Arabia Software as a Service Market is projected to grow at a CAGR of 16.8% during 2018-24. The government of Saudi Arabia is focusing heavily on the strengthening of the non-oil sector in the country. As a result, the social infrastructure development in the country is expected to witness significant growth in the coming years. Further, under the Saudi Vision 2030 initiative, special emphasis is also being put on the strengthening of the IT infrastructure in the country. Additionally, with global technological giants, such as Amazon and Google, looking to set up their data centers and expand their footprint in the Middle East in the future, the use of SaaS solutions is predicted to become more widespread in the country in the coming years.

The commercial enterprises and industrial & manufacturing end user segments held the largest collective revenue shares in the overall software as a service market in Saudi Arabia in 2017. Government efforts to strengthen the non-oil economy of the country would witness several sectors flourish in the coming years, including hospitality, healthcare, manufacturing and banking, thus creating more avenues for the application of SaaS solutions during the forecast period.

The report comprehensively covers the Saudi Arabia Software as a Service Market by deployment, end users, applications and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Historical Data of Saudi Arabia Software as a Service Market Revenues for the Period 2014-2017
• Market Size & Forecast of Saudi Arabia Software as a Service Market Revenues Market until 2024
• Historical Data of Saudi Arabia Software as a Service Market Revenues for the Period 2014-2017, By Deployment
• Market Size & Forecast of Saudi Arabia Software as a Service Market Revenues until 2024, By Deployment
• Historical Data of Saudi Arabia Software as a Service Market Revenues for the Period 2014-2017, By End Users
• Market Size & Forecast of Saudi Arabia Software as a Service Market Revenues until 2024, By End Users
• Historical Data of Saudi Arabia Software as a Service Market Revenues for the Period 2014-2017, By Applications
• Market Size & Forecast of Saudi Arabia Software as a Service Market Revenues until 2024, By Applications
• Historical & Forecast Data of Saudi Arabia Enterprise Resource Planning Software as a Service Market Revenues for the Period 2014-2024

Markets Covered
The report provides detailed analysis of the following market segments:
• By Deployment:
    o Private Cloud
    o Public Cloud
    o Hybrid Cloud

• By End Users:
    o Commercial Enterprises
    o BFSI (Banking, Financial Services and Insurance)
    o Hospitality and Healthcare
    o Industrial and Manufacturing
    o Government and Transportation
    o IT & Telecommunications
    o Others (Power Utilities, Water Treatment Plants)

• By Applications:
    o Customer Relationship Management
    o Human Capital Management
    o Enterprise Resource Planning
    o Operations and Manufacturing
    o Content Management System
    o Supply Chain Management
    o Others (Security Management, Transaction Processing)

Category: Technology Market Research

Contact Details:

Aarkstore Enterprise

+917710006788 | contact@aarkstore.com | aarkstore.com