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Saudi Arabia Information Technology Report Q1 2014 - New Study Released

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2014-01-22 21:06:38 - New Computer Technology research report from Business Monitor International is now available from Fast Market Research

IT is central to Saudi Arabia's modernisation and economic diversification plans. We expect the government's efforts to achieve both goals, and other growth and development targets, to drive IT spending during our five-year forecast period ending 2017. There is a strong pipeline of major IT projects by government and enterprise across multiple sectors. We expect the implementation of these projects to boost IT spending in the latter part of 2013 and over the medium term. Particularly large opportunities exist in healthcare and education, as well as cloud computing adoption and investments in smart systems that require hardware, software and services. These trends will combine to ensure Saudi Arabia remains the biggest IT market in the Gulf, and the Kingdom will

continue to be a lucrative market for technology products and services.

Headline Expenditure Projections

Computer Hardware Sales: SAR7.91bn in 2012 to SAR8.39bn in 2013, +6% in local currency terms. Although PC sales slowed down in H113, growth in the segment is being driven by a deepening of the tablet market and evolution in form factors.

Full Report Details at
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Software Sales: SAR2.88bn in 2012 to SAR3.05n in 2013, +6.2% in local currency terms. Upgrades to Windows 8 will boost sales in 2013, while modernisation by enterprises will provide momentum for the business software market over the medium term.

IT Services Sales: SAR4.55bn in 2012 to SAR4.90bn in 2013, +7.8% in local currency terms. Investments in smart cities' projects and the adoption of cloud computing services will drive growth.

Risk/Reward Ratings (RRR): Saudi Arabia's score is 55.8 out of 100.0. Although this was a considerable increase from a score of 53.4 in the previous quarter, Saudi Arabia dropped one place to fifth in our latest Middle East and Africa RRR table.

Key Trends And Developments

* According to the International Data Corporation (IDC), Saudi Arabia's IT market was the biggest in the Middle East in 2012, with sales of over US$1bn. In September 2013, the IDC predicted that this figure will soar to US$12bn by 2016, with growth fuelled by third-platform technologies and solutions offerings, which will be based on mobile devices, cloud services, social technologies and big data. IDC noted that third-platform technologies currently represent only 25% of overall IT spending.
* Saudi Arabia-based telecoms company Etihad Etisalat (Mobily) has increased its business cloud solutions portfolio, launching its Managed SAP Service. The move will allow the company to increase its business' operational efficiency and cut IT infrastructure cost. The service is based on SAP platform and will comprise management of the operating system, databases and SAP BASIS. The company will also offer comprehensive professional services that will assist customers to design, set strategy, manage and operate their SAP cloud during each stage of their engagement.
* Saudi Telecom Company (STC) has entered into a four-year agreement for telecom Managed Services with Chinese vendor Huawei. The move is aimed at providing operations and maintenance as well as network performance management services for STC's wireless, microwave, and core networks in the Kingdom. In signing a further managed services contract, STC follows in the footsteps of its local competitors, Zain and Mobily, which have also announced similar deals with Huawei and other vendors. With relatively little growth expected in mobile subscriptions, BMI believes these contracts offer longterm potential for operators to renew their focus on products and services, leaving network management aside. Strategies have also included selling and leasing network infrastructure but BMI has not seen this development reach Middle Eastern mobile operators yet.
* Technology firm SAP has introduced a human resources package solution to help Saudi Arabia deal with the challenges posed by the kingdom's rapidly changing employment landscape. SAP HR Core Functions for Saudi Arabia is fully aligned with local laws and employment best practice.
* US-based chip maker Intel launched its fourth-generation Intel Core processors in Riyadh, Saudi Arabia amid the introduction of a range of new ultrabook and 2-in-1 devices. The general manager at Intel KSA, Abdulaziz al-Noghaither, said the company has more than 50 different 2-in-1 designs in the pipeline across a range of price points, including premium ultrabook 2-in-1s powered by the new Intel Core processors. Al-Noghaither also said the company will bring its next generation 22 nm quad-core and Intel Atom system-on-chip for tablets by end-2013.

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

Bill Thompson
Phone: 18008448156

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