Saudi Arabia Iot Devices Market Size & Outlook, 2025-2030
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Saudi Arabia iot devices market highlights
- The Saudi Arabia iot devices market generated a revenue of USD 1,151.7 million in 2024 and is expected to reach USD 3,532.3 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 20.2% from 2025 to 2030.
- In terms of segment, sensors was the largest revenue generating component in 2024.
- Edge Devices is the most lucrative component segment registering the fastest growth during the forecast period.
Iot devices market data book summary
| Market revenue in 2024 | USD 1,151.7 million |
| Market revenue in 2030 | USD 3,532.3 million |
| Growth rate | 20.2% (CAGR from 2025 to 2030) |
| Largest segment | Sensors |
| Fastest growing segment | Edge Devices |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sensors, Actuators, Processors, Edge Devices |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.6% of the global iot devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia iot devices market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 3,022.5 million by 2030.
The adoption of IoT devices in Saudi Arabia is growing rapidly as the country invests heavily in digital transformation and smart technologies, driven by its Vision 2030 initiative. Saudi Arabia is investing heavily in smart city projects, which rely on IoT devices for advanced infrastructure and connectivity.
The country has launched massive projects to develop smart cities such as NEOM, The Line, and Qiddiya, which are designed to integrate IoT devices for optimized resource management, energy efficiency, and better urban planning.
Furthermore, the adoption of smart home devices is rising in Saudi Arabia, with consumers increasingly adopting IoT-enabled devices such as smart thermostats, lighting systems, security cameras, and voice assistants.
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Publish Date: Feb 05, 2025
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IoT Devices Market Scope
IoT Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Intel Corp | View profile | 124,800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | www.intel.com |
| Siemens Healthineers AG ADR | View profile | 71,400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | www.siemens-healthineers.com |
| STMicroelectronics NV | View profile | 51,323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | www.st.com |
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| Texas Instruments Inc | View profile | 34,000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | www.ti.com |
| Qualcomm Inc | View profile | 50,000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | www.qualcomm.com |
| NXP Semiconductors NV | View profile | 34,200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | www.nxp.com |
| Cisco Systems Inc | View profile | 84,900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | www.cisco.com |
| Silicon Laboratories Inc | View profile | 1,846 | 400 West Cesar Chavez, Austin, TX, United States, 78701 | www.silabs.com |
Saudi Arabia IoT Devices Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to IoT Devices Market Outlook will help companies and investors design strategic landscapes.
Sensors was the largest segment with a revenue share of 39.52% in 2024.
Horizon Databook has segmented the Saudi Arabia iot devices market based on sensors, actuators, processors, edge devices covering the revenue growth of each sub-segment from 2018 to 2030.
The adoption of IoT devices in Saudi Arabia is growing rapidly as the country invests heavily in digital transformation and smart technologies, driven by its Vision 2030 initiative. Saudi Arabia is investing heavily in smart city projects, which rely on IoT devices for advanced infrastructure and connectivity.
The country has launched massive projects to develop smart cities such as NEOM, The Line, and Qiddiya, which are designed to integrate IoT devices for optimized resource management, energy efficiency, and better urban planning.
Furthermore, the adoption of smart home devices is rising in Saudi Arabia, with consumers increasingly adopting IoT-enabled devices such as smart thermostats, lighting systems, security cameras, and voice assistants.
- Saudi Arabia Iot Devices Market Component Outlook (Revenue, USD Million , 2018-2030)
- Sensors
- Actuators
- Processors
- Edge Devices
- Others
- Saudi Arabia Iot Devices Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Smart Home
- Industrial IoT (IIoT)
- Healthcare
- Automotive and Transportation
- Retail
- Agriculture
- Energy and Utilities
- Smart Cities
- Wearables
- Consumer Electronics
- Others
- Saudi Arabia Iot Devices Market Connectivity Outlook (Revenue, USD Million , 2018-2030)
- Wi-Fi
- Bluetooth
- Zigbee
- Cellular
- RFID
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia IoT Devices Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia IoT Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia Iot Devices Market, 2018-2030 (US$M)
Saudi Arabia iot devices market statistics, by component, 2018-2030 (US$M)
