Market Insights Technology Data Center Network Infrastructure

Enterprise Network Infrastructure - Saudi Arabia

Saudi Arabia

Revenue in the Enterprise Network Infrastructure market is projected to reach US$0.37bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.45%, resulting in a market volume of US$0.46bn by 2029.
The average Spend per Employee in the Enterprise Network Infrastructure market is projected to reach US$22.45 in 2024.
In global comparison, most revenue will be generated in China (US$18,200m in 2024).

Key regions: China, Indonesia, United Kingdom, United States, India

Market

Region

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Currency

Analyst Opinion

Over the past few years, the Enterprise Network Infrastructure market in Saudi Arabia has been experiencing significant growth and transformation.

Customer preferences: Saudi Arabian businesses are increasingly prioritizing high-speed connectivity, scalability, and security in their network infrastructure solutions. They are looking for advanced technologies such as software-defined networking (SDN) and cloud-based networking to enhance efficiency and flexibility in their operations.

Trends in the market: One notable trend in the Enterprise Network Infrastructure market in Saudi Arabia is the increasing adoption of 5G technology. This is being driven by the government's initiatives to develop smart cities and digital transformation across various industries. Additionally, there is a growing demand for network virtualization and automation to streamline network management processes and reduce operational costs.

Local special circumstances: Saudi Arabia's Vision 2030 initiative, aimed at diversifying the economy and reducing dependence on oil, is playing a significant role in driving investments in digital infrastructure. The government's focus on building a knowledge-based economy is leading to increased spending on advanced network technologies to support innovation and growth in the country.

Underlying macroeconomic factors: The stable economic environment, government support for digital transformation, and the young population's increasing tech-savviness are key macroeconomic factors contributing to the growth of the Enterprise Network Infrastructure market in Saudi Arabia. Additionally, the rise of e-commerce and digital services is creating a need for robust network infrastructure to support the growing digital economy in the country.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.