Written by hexafo » Updated on: April 09th, 2025
One of the leading market research firm Markntel Advisors published a report titled as “Saudi Arabia Cloud Services Market Research Report: Forecast (2025-2030)”. According to the report, the Saudi Arabia Cloud Services Market size was valued at around USD 2.6 billion in 2024 and is projected to reach USD 7 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 18% during the forecast period, i.e., 2025-30. The projected growth is significantly attributed to the ring popularity of cloud services which is directly fueled by advanced internet networks provided by the Saudi Arabian government.
Cloud services are the infrastructure, platform, and software that can be used through the internet without making extra expenses in organizing and downloading them. The market consists of companies that provide cloud services to various industries in Saudi Arabia. Also, with the growing internet penetration and governmental support, the requirements for cloud services has flourished in historical years, and this growth and expansion is going to escalate in the forecasting years as well.
The industry is further bifurcated into:
By Type:
By Deployment Model:
By Organization Size:
By End User:
Several factors are propelling the growth of Saudi Arabia’s cloud services market:
Challenges:
Opportunities:
Opportunities include healthcare digitization, FinTech expansion, and industrial IoT integration.
With the growing trends the industry is projected to grow and expand during the forecasting years i.e., 2025-30 as the above-stated factors are changing the market landscape and opening doors to the market players. Market players can enhance their market size & 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 & volume of the entire industry at the national level.
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