Other IT Services - Saudi Arabia

  • Saudi Arabia
  • The Other IT Services market in Saudi Arabia is expected to achieve a revenue of US$0.85bn in 2025.
  • This revenue is projected to experience an annual growth rate (CAGR 2025-2029) of 2.27%, leading to a market volume of US$0.93bn by 2029.
  • In terms of the average Spend per Employee, it is estimated to reach US$49.98 in 2025.
  • When comparing globally, United States is anticipated to generate the highest revenue in the Other IT Services market, amounting to US$155.50bn in 2025.
  • As the IT Services market in Saudi Arabia continues to expand, there is a growing demand for Other IT Services, such as cybersecurity and cloud computing solutions.

Key regions: China, United Kingdom, Germany, Netherlands, India

Market
Region
Region comparison
Currency

Revenue

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Source: Statista Market Insights

in trillion USD (US$)

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Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

Most recent update: Apr 2024

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Source: Statista Market Insights

Technology

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IT Services: market data & analysis - Background IT Services: market data & analysis - Cover

Key Players

in percent

2023
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Most recent update: Dec 2024

Source: Statista Market Insights

Global Comparison

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Sources: Statista Market Insights , Financial Statements of Key Players , National statistical offices

Methodology

Data coverage:

The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. 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 is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.

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.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

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