Need to start your business in KSA ?, but do you now the uprising markets ?

Saudi Arabia’s ICT (Information and Communications Technology) market is a uprising and promising growing market, not only in KSA but also in the Middle East and North Africa (MENA) region.

The next stage of growth will be more focused on :

• • IT services,
  • Software solutions,
  • Networks,

• Data bases,
• Social media and
• Digital media


As the kingdom of Saudi has a clear vision to 2030, it’s digitalize all of their governmental and economic sectors as :

• Healthcare sector
• Manufacturing sector
• Real estate sector
• Entertainment
• Security
• And so on

So, KSA has a priority of the ICT development on the National Transformation Program (NTP) and now the government is constantly developing more ambitious ICT market policies and regulations to drive this growth. The smart technology is being adapted everywhere in all fields of daily life of the citizens, this happens on a large scale of interaction.

Also, in the last 7 years in KSA the funds had been raised for the startups as they grow faster, they have become now mature enough, so there will be more business variety and business opportunities in the next few years, beside they continue getting the necessary support by the ambitious ruling system.

Now, Kingdom Saudi Arabia is the largest market in the Arabian Gulf area in relation to consumption expenditure with a market population exceeding 34 million, and this leads to :

• The biggest global corporations are now looking for an opportunity for entry into the Saudi market, as a promising and uprising market
• The increasing number of enterprises in KSA, which leading to increasing the demand on new ICT services

New software companies are more recently funded there, with the intended investments in such market, there will be in the next few years a well-developed and integrated digital smart system, creating more and more opportunities for investment in the Saudi market

If you’re an entrepreneur or has a startup and want to find the optimal opportunity to enter the ICT market in KSA, SME Consulting give you the full study of the ICT market in KSA

This study include :

• Target market
• Competitive analysis
• Barriers to entry
• Software industry cost structure
• Marketing
• Distribution
• Window of opportunities
• Marketing recommendations

 

Just call us : +20 120 123 8818

Or send us : info@smecastle.com

And Get the full study of KSA ICT market research