DUBLIN, Dec. 10, 2018 /PRNewswire/ —

The “IT Market in Saudi Arabia 2019-2023″ report has been added to ResearchAndMarkets.com’s offering.

The IT market in Saudi Arabia will register a CAGR of almost 9% by 2023.

The popularity of technologies such as artificial intelligence, the blockchain, IoT, VR and AR is rising in Saudi Arabia. Factors such as the availability of capital and political stability and long-term technology initiatives of the Saudi Arabian government provides a favorable environment to implement these advanced technologies.

The Establishment of Nation Transformation Program (NTP)

The main objective of the NTP is to improve the infrastructure and economic conditions of the nation. The Saudi Arabia government is taking initiatives to digitally enable all sectors of the economy such as manufacturing, BFSI, healthcare, and government under the NTP using IT.

Fluctuating Oil Prices

The fluctuations in oil prices severely affect the IT spending capacity of the country. This in turn, reduces business opportunities for service providers and IT product vendors.

Key Players

• Accenture
• Ejada
• IBM
• Microsoft
• Oracle

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY END-USER

• Market segmentation by end-user
• Comparison by end-user
• Government – Market size and forecast 2018-2023
• Telecommunications – Market size and forecast 2018-2023
• BFSI – Market size and forecast 2018-2023
• Oil & Gas – Market size and forecast 2018-2023
• Others – Market size and forecast 2018-2023
• Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY COMPONENT

• Market segmentation by component
• Comparison by component
• Hardware – Market size and forecast 2018-2023
• Services – Market size and forecast 2018-2023
• Software – Market size and forecast 2018-2023
• Market opportunity by component

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Accenture
• Ejada
• IBM
• Microsoft
• Oracle

For more information about this report visit https://www.researchandmarkets.com/research/nczrjx/the_it_market_in?w=5

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SOURCE Research and Markets