Saudi Arabia data analytics market report Size, Share, Growth Drivers, Trends, Opportunities & Forecast 2025–2030
Description
Saudi Arabia Data Analytics Market Overview
The Saudi Arabia Data Analytics Market is valued at USD 2.2 billion, based on a five-year historical analysis. This growth is primarily driven by the increasing adoption of advanced analytics technologies across sectors such as healthcare, finance, and retail, as organizations leverage data for strategic decision-making and operational efficiency. Key growth drivers include the rapid expansion of cloud-based analytics, AI-powered business intelligence, and real-time data processing, all supported by the Saudi Government’s Vision 2030 digital transformation agenda .
Key cities such as Riyadh, Jeddah, and Dammam dominate the market due to their robust economic activities and concentration of businesses investing in data-driven solutions. The presence of major corporations and a growing startup ecosystem in these cities further enhances their significance in the data analytics landscape .
In 2023, the Saudi government implemented the National Data Management Office (NDMO) regulation, formally titled “National Data Governance Interim Regulations,” issued by the National Data Management Office under the Saudi Data & AI Authority (SDAIA). This regulation mandates organizations to adopt standardized data management practices, including data classification, privacy, and interoperability requirements. The regulation aims to enhance data governance, security, and interoperability across sectors, thereby fostering a more data-driven economy .
Saudi Arabia Data Analytics Market Segmentation
By Type:
The market is segmented into various types of analytics, including Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, Diagnostic Analytics, Customer Analytics, and Others. Each type serves distinct purposes, from understanding historical data to forecasting future trends and optimizing decision-making processes. The segmentation reflects the growing demand for predictive and prescriptive analytics, which are increasingly adopted for forecasting and optimization in sectors such as finance, retail, and healthcare .
The Predictive Analytics segment is currently dominating the market due to its ability to forecast future trends and behaviors, which is crucial for businesses aiming to stay competitive. Organizations are increasingly investing in predictive models to enhance customer experiences and optimize operations. The growing availability of data and advancements in machine learning technologies are further propelling this segment's growth, making it a key focus for many enterprises .
By End-User:
The market is segmented by end-users, including Healthcare, Retail, Financial Services, Telecommunications, Government, Manufacturing, Energy and Utilities, Transportation and Logistics, Education, and Others. Each sector utilizes data analytics to improve efficiency, customer satisfaction, and decision-making. The segmentation reflects the widespread adoption of analytics across both public and private sectors, with retail and healthcare leading in terms of investment and innovation .
The Retail sector is leading the market as businesses increasingly leverage data analytics to understand consumer behavior, optimize inventory, and enhance customer engagement. The rise of e-commerce and the need for personalized marketing strategies are driving retailers to adopt advanced analytics solutions, making this segment a significant contributor to the overall market growth .
Saudi Arabia Data Analytics Market Competitive Landscape
The Saudi Arabia Data Analytics Market is characterized by a dynamic mix of regional and international players. Leading participants such as IBM Corporation, Microsoft Corporation, SAP SE, Oracle Corporation, SAS Institute Inc., Tableau Software, LLC, QlikTech International AB, Teradata Corporation, Alteryx, Inc., MicroStrategy Incorporated, TIBCO Software Inc., Domo, Inc., Sisense Inc., ThoughtSpot, Inc., Looker (part of Google Cloud), HData Systems, Quant Data & Analytics, Comprehensive Technology Company (CompTechCo), SEIDOR, Sadeem Knowledge, Environmental Systems Research Institute, Inc. (ESRI), Midis Group contribute to innovation, geographic expansion, and service delivery in this space .
IBM Corporation
1911
Armonk, New York, USA
Microsoft Corporation
1975
Redmond, Washington, USA
SAP SE
1972
Walldorf, Germany
Oracle Corporation
1977
Redwood City, California, USA
SAS Institute Inc.
1976
Cary, North Carolina, USA
Company
Establishment Year
Headquarters
Group Size (Large, Medium, or Small as per industry convention)
Revenue Growth Rate (Saudi Arabia segment)
Customer Retention Rate (Saudi Arabia)
Market Penetration Rate (Saudi Arabia)
Average Deal Size (Saudi Arabia)
Pricing Strategy (local adaptation, SaaS, enterprise, etc.)
Saudi Arabia Data Analytics Market Industry Analysis
Growth Drivers
Increasing Demand for Data-Driven Decision Making:
The Saudi Arabian economy is increasingly recognizing the importance of data-driven decision making, with the market for data analytics projected to reach approximately SAR 1.5 billion in future. This growth is fueled by the need for businesses to enhance operational efficiency and customer engagement. The World Bank reports that Saudi Arabia's GDP growth is expected to be around 2.9% in future, further driving the demand for analytics solutions across various sectors.
Government Initiatives Promoting Digital Transformation:
The Saudi government has launched several initiatives, such as Vision 2030, which aims to diversify the economy and promote digital transformation. In future, the government is expected to invest over SAR 18 billion in digital infrastructure, significantly boosting the data analytics market. This investment will facilitate the adoption of advanced analytics technologies, enabling businesses to leverage data for strategic decision-making and innovation.
Rise in Data Generation Across Industries:
The exponential growth of data generation in Saudi Arabia is a key driver for the data analytics market. In future, it is estimated that the volume of data generated will exceed 2.3 billion gigabytes daily, driven by sectors such as telecommunications, finance, and healthcare. This surge in data necessitates robust analytics solutions to extract actionable insights, thereby propelling market growth and enhancing competitive advantage for businesses.
Market Challenges
Data Privacy and Security Concerns:
As the data analytics market expands, concerns regarding data privacy and security are becoming increasingly prominent. In future, it is projected that cybercrime costs in Saudi Arabia will reach SAR 5.5 billion, highlighting the risks associated with data breaches. Companies must navigate complex regulations and invest in security measures to protect sensitive information, which can hinder the adoption of data analytics solutions.
Shortage of Skilled Data Professionals:
The rapid growth of the data analytics market is challenged by a significant shortage of skilled data professionals. In future, it is estimated that there will be a gap of over 18,000 data scientists and analysts in Saudi Arabia. This talent shortage limits organizations' ability to effectively implement and utilize data analytics solutions, ultimately impacting their competitiveness and innovation capabilities in the market.
Saudi Arabia Data Analytics Market Future Outlook
The future of the Saudi Arabia data analytics market appears promising, driven by technological advancements and increasing digitalization across industries. As organizations prioritize real-time analytics and predictive capabilities, the integration of artificial intelligence and machine learning will become more prevalent. Additionally, the collaboration between local firms and international technology companies is expected to enhance innovation and knowledge transfer, further propelling the market's growth trajectory in the coming years.
Market Opportunities
Expansion of AI and Machine Learning Applications:
The growing interest in artificial intelligence and machine learning presents significant opportunities for the data analytics market. In future, investments in AI technologies in Saudi Arabia are projected to exceed SAR 9 billion, enabling businesses to harness advanced analytics for improved decision-making and operational efficiency.
Growth in E-Commerce and Online Services:
The e-commerce sector in Saudi Arabia is expected to reach SAR 45 billion in future, creating a substantial demand for data analytics solutions. This growth will allow businesses to analyze consumer behavior and optimize their marketing strategies, enhancing customer experiences and driving revenue growth in the digital marketplace.
Please Note: It will take 5-7 business days to complete the report upon order confirmation.
The Saudi Arabia Data Analytics Market is valued at USD 2.2 billion, based on a five-year historical analysis. This growth is primarily driven by the increasing adoption of advanced analytics technologies across sectors such as healthcare, finance, and retail, as organizations leverage data for strategic decision-making and operational efficiency. Key growth drivers include the rapid expansion of cloud-based analytics, AI-powered business intelligence, and real-time data processing, all supported by the Saudi Government’s Vision 2030 digital transformation agenda .
Key cities such as Riyadh, Jeddah, and Dammam dominate the market due to their robust economic activities and concentration of businesses investing in data-driven solutions. The presence of major corporations and a growing startup ecosystem in these cities further enhances their significance in the data analytics landscape .
In 2023, the Saudi government implemented the National Data Management Office (NDMO) regulation, formally titled “National Data Governance Interim Regulations,” issued by the National Data Management Office under the Saudi Data & AI Authority (SDAIA). This regulation mandates organizations to adopt standardized data management practices, including data classification, privacy, and interoperability requirements. The regulation aims to enhance data governance, security, and interoperability across sectors, thereby fostering a more data-driven economy .
Saudi Arabia Data Analytics Market Segmentation
By Type:
The market is segmented into various types of analytics, including Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, Diagnostic Analytics, Customer Analytics, and Others. Each type serves distinct purposes, from understanding historical data to forecasting future trends and optimizing decision-making processes. The segmentation reflects the growing demand for predictive and prescriptive analytics, which are increasingly adopted for forecasting and optimization in sectors such as finance, retail, and healthcare .
The Predictive Analytics segment is currently dominating the market due to its ability to forecast future trends and behaviors, which is crucial for businesses aiming to stay competitive. Organizations are increasingly investing in predictive models to enhance customer experiences and optimize operations. The growing availability of data and advancements in machine learning technologies are further propelling this segment's growth, making it a key focus for many enterprises .
By End-User:
The market is segmented by end-users, including Healthcare, Retail, Financial Services, Telecommunications, Government, Manufacturing, Energy and Utilities, Transportation and Logistics, Education, and Others. Each sector utilizes data analytics to improve efficiency, customer satisfaction, and decision-making. The segmentation reflects the widespread adoption of analytics across both public and private sectors, with retail and healthcare leading in terms of investment and innovation .
The Retail sector is leading the market as businesses increasingly leverage data analytics to understand consumer behavior, optimize inventory, and enhance customer engagement. The rise of e-commerce and the need for personalized marketing strategies are driving retailers to adopt advanced analytics solutions, making this segment a significant contributor to the overall market growth .
Saudi Arabia Data Analytics Market Competitive Landscape
The Saudi Arabia Data Analytics Market is characterized by a dynamic mix of regional and international players. Leading participants such as IBM Corporation, Microsoft Corporation, SAP SE, Oracle Corporation, SAS Institute Inc., Tableau Software, LLC, QlikTech International AB, Teradata Corporation, Alteryx, Inc., MicroStrategy Incorporated, TIBCO Software Inc., Domo, Inc., Sisense Inc., ThoughtSpot, Inc., Looker (part of Google Cloud), HData Systems, Quant Data & Analytics, Comprehensive Technology Company (CompTechCo), SEIDOR, Sadeem Knowledge, Environmental Systems Research Institute, Inc. (ESRI), Midis Group contribute to innovation, geographic expansion, and service delivery in this space .
IBM Corporation
1911
Armonk, New York, USA
Microsoft Corporation
1975
Redmond, Washington, USA
SAP SE
1972
Walldorf, Germany
Oracle Corporation
1977
Redwood City, California, USA
SAS Institute Inc.
1976
Cary, North Carolina, USA
Company
Establishment Year
Headquarters
Group Size (Large, Medium, or Small as per industry convention)
Revenue Growth Rate (Saudi Arabia segment)
Customer Retention Rate (Saudi Arabia)
Market Penetration Rate (Saudi Arabia)
Average Deal Size (Saudi Arabia)
Pricing Strategy (local adaptation, SaaS, enterprise, etc.)
Saudi Arabia Data Analytics Market Industry Analysis
Growth Drivers
Increasing Demand for Data-Driven Decision Making:
The Saudi Arabian economy is increasingly recognizing the importance of data-driven decision making, with the market for data analytics projected to reach approximately SAR 1.5 billion in future. This growth is fueled by the need for businesses to enhance operational efficiency and customer engagement. The World Bank reports that Saudi Arabia's GDP growth is expected to be around 2.9% in future, further driving the demand for analytics solutions across various sectors.
Government Initiatives Promoting Digital Transformation:
The Saudi government has launched several initiatives, such as Vision 2030, which aims to diversify the economy and promote digital transformation. In future, the government is expected to invest over SAR 18 billion in digital infrastructure, significantly boosting the data analytics market. This investment will facilitate the adoption of advanced analytics technologies, enabling businesses to leverage data for strategic decision-making and innovation.
Rise in Data Generation Across Industries:
The exponential growth of data generation in Saudi Arabia is a key driver for the data analytics market. In future, it is estimated that the volume of data generated will exceed 2.3 billion gigabytes daily, driven by sectors such as telecommunications, finance, and healthcare. This surge in data necessitates robust analytics solutions to extract actionable insights, thereby propelling market growth and enhancing competitive advantage for businesses.
Market Challenges
Data Privacy and Security Concerns:
As the data analytics market expands, concerns regarding data privacy and security are becoming increasingly prominent. In future, it is projected that cybercrime costs in Saudi Arabia will reach SAR 5.5 billion, highlighting the risks associated with data breaches. Companies must navigate complex regulations and invest in security measures to protect sensitive information, which can hinder the adoption of data analytics solutions.
Shortage of Skilled Data Professionals:
The rapid growth of the data analytics market is challenged by a significant shortage of skilled data professionals. In future, it is estimated that there will be a gap of over 18,000 data scientists and analysts in Saudi Arabia. This talent shortage limits organizations' ability to effectively implement and utilize data analytics solutions, ultimately impacting their competitiveness and innovation capabilities in the market.
Saudi Arabia Data Analytics Market Future Outlook
The future of the Saudi Arabia data analytics market appears promising, driven by technological advancements and increasing digitalization across industries. As organizations prioritize real-time analytics and predictive capabilities, the integration of artificial intelligence and machine learning will become more prevalent. Additionally, the collaboration between local firms and international technology companies is expected to enhance innovation and knowledge transfer, further propelling the market's growth trajectory in the coming years.
Market Opportunities
Expansion of AI and Machine Learning Applications:
The growing interest in artificial intelligence and machine learning presents significant opportunities for the data analytics market. In future, investments in AI technologies in Saudi Arabia are projected to exceed SAR 9 billion, enabling businesses to harness advanced analytics for improved decision-making and operational efficiency.
Growth in E-Commerce and Online Services:
The e-commerce sector in Saudi Arabia is expected to reach SAR 45 billion in future, creating a substantial demand for data analytics solutions. This growth will allow businesses to analyze consumer behavior and optimize their marketing strategies, enhancing customer experiences and driving revenue growth in the digital marketplace.
Please Note: It will take 5-7 business days to complete the report upon order confirmation.
Table of Contents
93 Pages
- 1. Saudi Arabia data analytics Size, Share, Growth Drivers, Trends, Opportunities & – Market Overview
- 1.1. Definition and Scope
- 1.2. Market Taxonomy
- 1.3. Market Growth Rate
- 1.4. Market Segmentation Overview
- 2. Saudi Arabia data analytics Size, Share, Growth Drivers, Trends, Opportunities & – Market Size (in USD Bn), 2019–2024
- 2.1. Historical Market Size
- 2.2. Year-on-Year Growth Analysis
- 2.3. Key Market Developments and Milestones
- 3. Saudi Arabia data analytics Size, Share, Growth Drivers, Trends, Opportunities & – Market Analysis
- 3.1. Growth Drivers
- 3.1.1. Increasing demand for data-driven decision making
- 3.1.2. Government initiatives promoting digital transformation
- 3.1.3. Rise in data generation across industries
- 3.1.4. Adoption of cloud-based analytics solutions
- 3.2. Restraints
- 3.2.1. Data privacy and security concerns
- 3.2.2. Shortage of skilled data professionals
- 3.2.3. High implementation costs
- 3.2.4. Resistance to change in traditional business practices
- 3.3. Opportunities
- 3.3.1. Expansion of AI and machine learning applications
- 3.3.2. Growth in e-commerce and online services
- 3.3.3. Increasing investment in smart city projects
- 3.3.4. Collaboration with international tech firms
- 3.4. Trends
- 3.4.1. Shift towards real-time analytics
- 3.4.2. Integration of IoT with data analytics
- 3.4.3. Emphasis on predictive analytics
- 3.4.4. Rise of self-service analytics tools
- 3.5. Government Regulation
- 3.5.1. Data protection laws and regulations
- 3.5.2. Guidelines for cloud computing services
- 3.5.3. Standards for data quality and integrity
- 3.5.4. Policies promoting local data centers
- 3.6. SWOT Analysis
- 3.7. Stakeholder Ecosystem
- 3.8. Competition Ecosystem
- 4. Saudi Arabia data analytics Size, Share, Growth Drivers, Trends, Opportunities & – Market Segmentation, 2024
- 4.1. By Type (in Value %)
- 4.1.1. Descriptive Analytics
- 4.1.2. Predictive Analytics
- 4.1.3. Prescriptive Analytics
- 4.1.4. Diagnostic Analytics
- 4.1.5. Others
- 4.2. By End-User (in Value %)
- 4.2.1. Healthcare
- 4.2.2. Retail
- 4.2.3. Financial Services
- 4.2.4. Telecommunications
- 4.2.5. Others
- 4.3. By Application (in Value %)
- 4.3.1. Customer Analytics
- 4.3.2. Operational Analytics
- 4.3.3. Marketing Analytics
- 4.3.4. Risk Analytics
- 4.4. By Deployment Model (in Value %)
- 4.4.1. On-Premises
- 4.4.2. Cloud-Based
- 4.4.3. Hybrid
- 4.5. By Industry Vertical (in Value %)
- 4.5.1. Manufacturing
- 4.5.2. Energy and Utilities
- 4.5.3. Transportation and Logistics
- 4.5.4. Education
- 4.5.5. Others
- 4.6. By Region (in Value %)
- 4.6.1. Central Region
- 4.6.2. Eastern Region
- 4.6.3. Western Region
- 4.6.4. Southern Region
- 4.6.5. Northern Region
- 5. Saudi Arabia data analytics Size, Share, Growth Drivers, Trends, Opportunities & – Market Cross Comparison
- 5.1. Detailed Profiles of Major Companies
- 5.1.1. IBM Corporation
- 5.1.2. Microsoft Corporation
- 5.1.3. SAP SE
- 5.1.4. Oracle Corporation
- 5.1.5. SAS Institute Inc.
- 5.2. Cross Comparison Parameters
- 5.2.1. Revenue Growth Rate
- 5.2.2. Customer Retention Rate
- 5.2.3. Market Penetration Rate
- 5.2.4. Average Deal Size
- 5.2.5. Pricing Strategy
- 6. Saudi Arabia data analytics Size, Share, Growth Drivers, Trends, Opportunities & – Market Regulatory Framework
- 6.1. Compliance Requirements and Audits
- 6.2. Certification Processes
- 7. Saudi Arabia data analytics Size, Share, Growth Drivers, Trends, Opportunities & – Market Future Size (in USD Bn), 2025–2030
- 7.1. Future Market Size Projections
- 7.2. Key Factors Driving Future Market Growth
- 8. Saudi Arabia data analytics Size, Share, Growth Drivers, Trends, Opportunities & – Market Future Segmentation, 2030
- 8.1. By Type (in Value %)
- 8.2. By End-User (in Value %)
- 8.3. By Application (in Value %)
- 8.4. By Deployment Model (in Value %)
- 8.5. By Industry Vertical (in Value %)
- 8.6. By Region (in Value %)
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