Saudi Arabia Smart Government Market Size & Outlook
The smart government market in Saudi Arabia is expected to reach a projected revenue of US$ 1,016.4 million by 2030. A compound annual growth rate of 15.9% is expected of Saudi Arabia smart government market from 2024 to 2030.
The Saudi Arabia smart government market generated a revenue of USD 361.9 million in 2023 and is expected to reach USD 1,016.4 million by 2030.
The Saudi Arabia market is expected to grow at a CAGR of 15.9% from 2024 to 2030.
In terms of segment, professional services was the largest revenue generating services in 2023.
Managed Services is the most lucrative services segment registering the fastest growth during the forecast period.
Smart government market data book summary
Market revenue in 2023
USD 361.9 million
Market revenue in 2030
USD 1,016.4 million
Growth rate
15.9% (CAGR from 2023 to 2030)
Largest segment
Professional services
Fastest growing segment
Managed Services
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Professional Services, Managed Services
Key market players worldwide
Amazon.com Inc, Alphabet Inc Class C, International Business Machines Corp, Microsoft Corp, Oracle Corp, Palantir Technologies Inc Ordinary Shares - Class A, Salesforce Inc, Snowflake Inc Ordinary Shares - Class A, Accela, CivicPlus
Other key industry trends
In terms of revenue, Saudi Arabia accounted for 1.1% of the global smart government market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Middle East & Africa, Saudi Arabia smart government market is projected to lead the regional market in terms of revenue in 2030.
South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 478.5 million by 2030.
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 Smart Government Market Outlook will help companies and investors design strategic landscapes.
Professional Services was the largest segment with a revenue share of 59.96% in 2023.
Horizon Databook has segmented the Saudi Arabia smart government market based on professional services, managed services covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia Smart Government Market Services Outlook (Revenue, USD Million , 2018-2030)
Professional Services
Managed Services
Saudi Arabia Smart Government Market Solutions Outlook (Revenue, USD Million , 2018-2030)
Analytics
Security
Government Resource Planning System
Remote Monitoring
Network Management
Others
Saudi Arabia Smart Government Market Deployment Outlook (Revenue, USD Million , 2018-2030)
On-Premise
Cloud
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia Smart Government Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Smart Government Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia Smart Government Market, 2018-2030 (US$M)