GCC Software as a Service (SaaS) Market Set to Reach USD 9.293 Million by 2030, Driven by Digital Transformation and Government Initiatives

The GCC Software as a Service Market size was valued at around USD 6,192 million in 2024 & is estimated to reach USD 9,293 million by 2030. Along with this, the market is anticipated to grow at a CAGR of around 7% during the forecast period, i.e., 2025-30. 

This growth trajectory is underpinned by the region's robust digital transformation initiatives, supportive government policies, and a burgeoning startup ecosystem. The GCC's commitment to technological advancement is evident in its strategic investments in cloud infrastructure, artificial intelligence (AI), and cybersecurity, creating a conducive environment for SaaS adoption across various sectors.

GCC Software as a Service (SaaS) Market Analysis Highlights

• Digital Infrastructure Expansion: GCC countries are investing heavily in cloud infrastructure to support digital ambitions. Saudi Arabia's cloud market is projected to exceed USD 6 billion by 2025, while the overall GCC cloud market is expected to surpass USD 13 billion.
• Government Initiatives: The UAE's National Strategy for Artificial Intelligence and Qatar's National AI Strategy aim to position these countries as global leaders in AI, enhancing government services and fostering a skilled workforce.
• Startup Ecosystem: The GCC's startup scene is thriving, with significant investments in fintech, e-commerce, and health tech. Companies like Tabby in the UAE are leading the Buy Now, Pay Later trend, while platforms like Altibbi are revolutionizing telemedicine across the Arab world.
• Sectoral Adoption: Key sectors such as BFSI, healthcare, retail & e-commerce, IT & telecom, and government are increasingly adopting SaaS solutions to enhance operational efficiency and customer engagement.

Key Takeaways from the Market Research Report

• Accelerated Digital Transformation: The GCC's focus on digitalization is driving the adoption of SaaS solutions across various industries.
• Supportive Regulatory Environment: Proactive government policies and initiatives are fostering a favorable environment for SaaS market growth.
• Growing Demand for Cloud-Based Solutions: The need for scalable, cost-effective, and efficient software solutions is propelling the demand for SaaS offerings.
• Increased Investment in AI and Cybersecurity: Investments in emerging technologies are enhancing the capabilities and security of SaaS platforms.

GCC Software as a Service (SaaS) Market Leading Players Driving Innovation and Growth

Prominent companies shaping the GCC SaaS market include:

• Lyve Global,
• KLAIM,
• Zoho Corporation,
• Odoo,
• Oracle Corporation,
• SAP SE,
• Microsoft (Azure SaaS),
• Salesforce,
• Alibaba Cloud,
• eMudhra, and others

GCC Software as a Service (SaaS) Market Segmentation Analysis 2030

By Product Type

• Customer Relationship Management [CRM]
• Enterprise Resource Planning [ERP]
• Human Capital Management [HCM]
• Content
• ..on & Communication
• BI & Analytics, Others

By Deployment Model

• Public Cloud
• Private Cloud
• Hybrid Cloud

By Enterprise Size

• Small & Medium Enterprises [SMEs]
• Large Enterprises

By End User

• BFSI
• Healthcare
• Retail & E-commerce
• IT & Telecom
• Government and Others 

Embracing AI and Cloud Computing: A Strategic Imperative

The GCC's strategic investments in AI and cloud computing are transforming the region's technological landscape. The UAE's National Strategy for Artificial Intelligence aims to position the country as a global leader in AI by 2031, focusing on enhancing government services and developing a skilled workforce. Similarly, Qatar's National AI Strategy emphasizes the deployment of AI technologies across various sectors, including healthcare and education. These initiatives are fostering innovation and driving the adoption of SaaS solutions that leverage AI capabilities for improved efficiency and customer engagement.

Enterprise Resource Planning (ERP): Leading the SaaS Market

Among the various SaaS product types, Enterprise Resource Planning (ERP) solutions are witnessing significant adoption in the GCC region. Organizations are increasingly implementing ERP systems to streamline business processes, enhance data visibility, and improve decision-making. The demand for ERP solutions is particularly strong in sectors such as manufacturing, retail, and government, where integrated systems are essential for managing complex operations and ensuring regulatory compliance.

Regional Market Insights: The UAE at the Forefront

The United Arab Emirates (UAE) is emerging as a leader in the GCC SaaS market, driven by its robust digital infrastructure, supportive government policies, and a thriving startup ecosystem. The country's focus on innovation and technology adoption is fostering the growth of SaaS solutions across various sectors, including finance, healthcare, and education. The UAE's strategic initiatives, such as the Emirates Blockchain Strategy and the Smart Dubai project, are further enhancing the adoption of advanced technologies, positioning the country as a regional hub for digital transformation.

Future Outlook

With the growing trends, the industry is projected to grow and expand during the forecasting years, i.e., 2025–2030, as the above-stated factors are changing the market landscape and opening doors to market players. Market players can enhance their market size and revenue by meeting the changing market dynamics and evolving consumer expectations. Additionally, market players, with the help of SWOT analysis, can adjust their existing settings regarding the evolving market trends, which would ultimately augment the size and volume of the entire industry at the global level.