Overview of Developments in Saudi Market.ppt

Saudi Market ICT DEvelopment

1. Overview of Developments in the Saudi ICT Market
Dale Millar –[email protected]
24 April 2018

2. Market in Numbers and Key Government Drivers
© Ministry of Communications and Information Technology |2 26 May 2024
27.2
29.5
32.4
33.9
35.3
33.5 33.5
34.2
25
27
29
31
33
35
37
2011 2012 2013 2014 2015 2016 2017 2018
Saudi ICT Market Size 2011-18(F)
US$ billions
•Saudi Government Digital Transformation
55 e-government projects underway
Centralized Public Sector Solutions
•Digitized Healthcare
•Digital Economy
Smart Cities
e-Commerce
Sharing economy
•Advanced Manufacturing
•Rural Connectivity and 5G

3. Segment Size and Growth
© Ministry of Communications and Information Technology |3 26 May 2024

4. Smart Cities & IoT-$1.28 Bnin 2018
© Ministry of Communications and Information Technology |4 26 May 2024
Smart Cities
•Yanbu Underway –Riyadh, Medinah, Jeddah and Mecca
•Greenfields -Neomand FaisaliyahCity to follow
•Applications
•Smart Lighting and Poles
•Traffic Control
•Parking
•Waste Management
•Power Savings
•Crowd Control
IOT
•Fleet and Freight Management
•Asset Tracking
•Healthcare

5. Support for Saudi SME
© Ministry of Communications and Information Technology |5 26 May 2024
•Strong Government support for SME Sector (SAR 5
billion accelerator fund)
•Increase in Foreign Ownership
•Bankruptcy Regulations
•Transition to Innovation and Technology
•Growth in e-commerce
•ICT Investments in Services, Connectivity, Mobility
and Cloud
•Saudi Millennials –Consumption, Entrepreneurship
and Innovation

6. Other Key Highlights
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•E-Commerce –Currently 1% of retail spend
•Regional Hotspot
•Evolving Market
•Fulfillment and Payment
•Fintech -$1.2 billion in 2018
•Regulatory changes
•Analytics Use Cases in Retail Finance
•OmnichannelTransformation
•BlockchainTesting
•IT Security -$390 million in 2018
•National Security Initiatives
•Telco Participation
•58% of Enterprises with Projects this year
26 May 2024

7. Final Key Highlights
© Ministry of Communications and Information Technology |7 26 May 2024
•Cloud Compute -$138 million in 2018
•54% of enterprises implemented private
cloud rising to 80% in 12 months
•24% of enterprises utilizing public cloud rising
to 60% in 12 months
•Telecom
•5G and 4.5G Testing in 2018
•Network Infrastructure Surge
•IoTDriving Bandwidth
•AI, AR and Robotics
•Advanced manufacturing
•Logistics
•Haj Applications