The IT Market in Saudi Arabia 2019-2023: Leading Players are Accenture, Ejada, IBM, Microsoft and Oracle - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 6, 2018--The “IT Market in Saudi Arabia 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The IT market in Saudi Arabia will register a CAGR of almost 9% by 2023.
The popularity of technologies such as artificial intelligence, the blockchain, IoT, VR and AR is rising in Saudi Arabia. Factors such as the availability of capital and political stability and long-term technology initiatives of the Saudi Arabian government provides a favorable environment to implement these advanced technologies.
The Establishment of Nation Transformation Program (NTP)
The main objective of the NTP is to improve the infrastructure and economic conditions of the nation. The Saudi Arabia government is taking initiatives to digitally enable all sectors of the economy such as manufacturing, BFSI, healthcare, and government under the NTP using IT.
Fluctuating Oil Prices
The fluctuations in oil prices severely affect the IT spending capacity of the country. This in turn, reduces business opportunities for service providers and IT product vendors.
Key PlayersAccenture Ejada IBM Microsoft Oracle
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSISBargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 06: MARKET SEGMENTATION BY END-USERMarket segmentation by end-user Comparison by end-user Government - Market size and forecast 2018-2023 Telecommunications - Market size and forecast 2018-2023 BFSI - Market size and forecast 2018-2023 Oil & Gas - Market size and forecast 2018-2023 Others - Market size and forecast 2018-2023 Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY COMPONENTMarket segmentation by component Comparison by component Hardware - Market size and forecast 2018-2023 Services - Market size and forecast 2018-2023 Software - Market size and forecast 2018-2023 Market opportunity by component
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGESMarket drivers Market challenges
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPEOverview Landscape disruption
PART 13: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Accenture Ejada IBM Microsoft Oracle
For more information about this report visit https://www.researchandmarkets.com/research/mblk8p/the_it_market_in?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181206005851/en/
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KEYWORD: SAUDI ARABIA MIDDLE EAST
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/06/2018 02:09 PM/DISC: 12/06/2018 02:09 PM