"Saudi Arabia Information Technology Report Q3 2014" now available at Fast Market Research

The Saudi Arabian IT market is set to remain the biggest in the Gulf region over the medium term with continued support from government policy and the dynamic of enterprise modernisation. Clearly defined ICT policies, helped by the country's relative political stability, aim to increase the sector's contribution to overall economic growth. Meanwhile, high income levels in Saudi Arabia are a boon to premium vendors such as Apple, as well as reducing consumers' appetite for counterfeit products, with well-developed formal distribution channels making it easier for vendors to reach customers. There is however downside to an otherwise positive outlook due to the deteriorating security situation in Iraq and Syria as well as the effects of'saudisation' which is expected to be a drag on consumer spending.

Headline Expenditure Projections

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Computer Hardware Sales: SAR10.3bn in 2013 to SAR10.6bn in 2014, +2.6% in local currency terms. Desktop and notebook volumes are expected to stabilise in 2014, while the continued growth of the tablet market will see total value growth accelerate from 2013.

Software Sales: SAR3.6bn in 2013 to SAR3.9n in 2014, +7.4% in local currency terms. The withdrawal of Microsoft support for XP will increase OS spending in enterprises, while wider enterprise software adoption will continue to deepen among SMEs.

IT Services Sales: SAR5.0bn in 2013 to SAR5.3bn in 2014, +5.6% in local currency terms. Adoption of cloud computing services will be the fastest area of growth, but smart infrastructure deployment is also an emerging growth area.

Key Trends And Developments

* The Saudi hardware market contracted in 2013 as desktop and notebook volumes declined sharply; however, there remains growth potential over the medium term to attract vendor interest. For instance, Taiwanese vendor Acer is targeting double digit growth in 2014 through its range of tablets and hybrid notebooks. Meanwhile global tablet market leader Apple was...

The Saudi Arabia Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Saudi Arabia Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Saudi Arabia.

Key Benefits

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