Market Research Report

Saudi Arabia Big Data & AI Solutions Market Research Report: Forecast (2025-2030)

Saudi Arabia Big Data & AI Solutions Market Report - By Organization Size (Small & Medium Enterprises (SMEs), Large Enterprises), By Application (Predictive Maintenance, Customer E...xperience Management, Fraud Detection & Risk Management, Marketing Analysis, Workforce Optimization, Smart City Solutions, Healthcare Diagnostics, Others), By Technology (Machine Learning, Natural Language Processing, Data Mining, Data Visualization, Deep Learning), By Component (Hardware, Software, Service), By Deployment Mode (On-Premise, Cloud Based, Hybrid), By End User (IT & Telecom, Retail, Public & Government Institutions, BFSI, Healthcare, Energy, Construction & Manufacturing, Others (Education, Tourism, Transportation, etc.)) and Others Read more

  • ICT & Electronics
  • Dec 2024
  • 101
  • PDF, Excel, PPT

Market Insights & Analysis: Saudi Arabia Big Data & AI Solutions Market (2025-2030):

The Saudi Arabia Big Data & AI Solutions Market size was valued at around USD 0.32 billion in 2024 and is projected to reach USD 1.7 billion by 2030.  Along with this, the market is estimated to grow at a CAGR of around 32% during the forecast period (2025-30).

Report Coverage Details
  Historical Years   2020-23
  Base Years
  2024
  Forecast Years
  2025-30
  Market Value in 2024   USD 0.32 Billion
  Market Value By 2030   USD 1.7 Billion
  CAGR (2025-30)   32%
  Top Key Players Microsoft Corporation, Nvidia Corporation, Amazon Web Services Inc., SAP SE, Intel Corporation, Oracle Corporation, IQVIA, Nala.ai, IBM Corporation, NEC Corporation, SAS Institute Inc., Teradata Corporation, Qlik, and others
  Key Report Highlights
  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

 

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In Saudi Arabia, the big data and AI solutions market is growing because the Vision 2030 initiative is increasing awareness of digital transformation. In government offices and other financial corporations, improvements in technological infrastructure are adding to the demand for big data and AI solutions. The government of Saudi Arabia, in recent years, has raised its investments in data management facilities, cloud computing, and AI applications to update the technological systems in the retail, healthcare, finance industries, and energy.

For applications such as; predictive analytics, automation, and business analysis, AI solutions are extensively utilized in Saudi Arabia. In the healthcare sector, performance and accuracy have notably improved, as AI is being used in patient care, disease analysis, and drug development. In the retail industry, AI is used in various applications to make customer interaction better with the use of chatbots, customized advertising solutions, and recommendation algorithms. Saudi Arabia is trying to be positioned as a significant region in AI development through the implementation of strategies such as the National Artificial Intelligence Strategy 2030, which could increase funding for these initiatives.

In addition, Saudi Arabia's pursuit of intelligent urban projects such as NEOM, based on artificial intelligence, the Internet of Things, and extensive data for urban planning, is generating massive demand for data analytics resources. The rapid progress of the nation's financial sector and the rise of fintech innovations are adding to the growing integration of AI.


Saudi Arabia Big Data & AI Solutions Market Research Report: Forecast (2025-2030)

Saudi Arabia Big Data & AI Solutions Market Driver:

Government Initiatives & Vision 2030 Driving Market Growth – Government projects and initiatives such as Vision 2030 are projected to improve and modernize the financial system of the country which is expected to promote a knowledge-driven society. This society will contribute significantly to the expansion of the big data and AI solutions Market in the country. Encouraging digital innovation across industries such as; healthcare, education, finance, and energy is an essential aspect of this objective. Along with it, the government too focusing on creating a strong and advanced digital environment in the country that will be the combination of global technology companies, and local startups, and increasing the engagement of AI-related services. It is projected that AI will generate an economic effect of USD 320 billion in the Middle East by 2030, with Saudi Arabia accounting for USD 135 billion.

Saudi Arabia Big Data & AI Solutions Market Challenge:

Data Privacy & Security Concerns to Hinder Market Growth – Although the big data and AI solutions sector is rapidly growing in Saudi Arabia, a primary challenge it encounters is the concern of data privacy and security. Emerges from it protection of data and information that is being seen today owing to the sheer increasing volume of the documents that have started generating online and are getting stored on the respective sites. Also, with the emergence, comes the cybersecurity law that was introduced recently for Saudi Arabia in 2020 with a motive to promote cyber security digitally.

Besides these, even organizations are hindered when it comes to sensitive information in industries like health and finance, which have sensitive and confidential details. There is also another fact with businesses, more especially dealing with cross-border transfers. Cross-border data protection proves tricky for businesses while observing the intricate nature of their country's laws and international guidelines on data protection. Data abuse and biased algorithms have proved major barriers as the application grows concerning AI. The market needs to find a balance between adopting advanced technology and maintaining robust data security to prevent financial losses and damage to reputation from breaches.

Saudi Arabia Big Data & AI Solutions Market Trend:

Adoption of Cloud-Based AI & Big Data Solutions – The growing use of cloud-based technologies is a primary component influencing the big data and AI solutions market in Saudi Arabia. Cloud services are essential for companies seeking cost-effective and flexible answers for data processing, storage, & AI implementation. Top cloud services companies such as; Microsoft Azure, Amazon Web Services (AWS), and Google Cloud have enhanced their services in Saudi Arabia, offering crucial analytics platforms, AI-powered tools, and data storage solutions for the digital evolution of businesses. The projects of government such as the Saudi Cloud Computing strategy, are also contributing to the trend of growing cloud adoption by enhancing digital infrastructure. This allows agencies to efficiently handle big data sets and use AI programs to enhance decision-making.

Saudi Arabia Big Data & AI Solutions Market (2025-2030) Segmentation Analysis

The Saudi Arabia Big Data & AI Solutions Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2025–2030 at the national level. Based on the analysis, the market has been further classified as:

Based on End User:

  • IT & Telecom
  • Retail
  • Public & Government Institutions
  • BFSI
  • Healthcare
  • Energy
  • Construction & Manufacturing
  • Others (Education, Tourism, Transportation, etc.)

Of all these end-user categories, the BFSI sector holds the largest market share of around 35% in the big data and AI solutions industry in Saudi Arabia. This is due to the growing use of advanced technology to improve client satisfaction, increase performance, and manage risks effectively. According to Saudi Arabia's Vision 2030 initiative, the banking and finance sector is seeing significant transformation towards digitalization, incorporating AI technologies such as; predictive analytics, fraud detection, and automated customer support. Efforts like Fintech Saudi are helping to boost this growth by advocating for digital financial services and making AI integration easier.

Furthermore, it is expected that the BFSI industry will lead the market, leveraging AI and big data for significant benefits in credit scoring, investment management, and risk assessment. Therefore, BFSI is expected to remain the primary sector utilizing big data and AI in Saudi Arabia.

Based on Deployment Mode:

  • On-Premise
  • Cloud-Based
  • Hybrid

The cloud-based deployment model is anticipated to lead the Saudi Arabia Big Data and AI Solutions Market, capturing the largest market portion. It holds approx. 50% share of the total market. This growth is affiliated with numerous elements, including the capacity to expand, adaptability, and affordability provided by cloud solutions, which attract companies in the financial, healthcare, and retail fields. The demand for cloud infrastructure is growing due to the strong emphasis on digital transformation by the Saudi authorities through Vision 2030 and initiatives like the Saudi Cloud Computing strategy. Key participants in the cloud sector such as; AWS, Microsoft Azure, and Google Cloud are enhancing their activities in the nation, resulting in a greater adoption of cloud services. In the realm of big data and AI solutions in Saudi Arabia, cloud-based offerings are projected to hold a significant market share. This trend highlights the growing inclination towards cloud-based technologies as companies upgrade their operations and expand digitally.

 Saudi Arabia Big Data & AI Solutions Industry Recent Development:

  • October 2024: As part of a new strategic alliance collaboration, Amazon Web Services (AWS) and e& sign a deal worth more than $1 billion to provide cloud solutions that assist the region's digital transformation and AI adoption.
  • September 2024: Microsoft & SDAIA (Saudi Data & AI Authority) forged a strong partnership to push the boundaries of AI capabilities, fostering innovation through collaboration.

Gain a Competitive Edge with Our Saudi Arabia Big Data & AI Solutions Market Report

  1. Saudi Arabia Big Data & AI Solutions Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps business organizations to gain a holistic understanding of market dynamics & make informed decisions.
  2. This report also highlights current market trends & future projections, allowing business organizations to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
  3. Saudi Arabia Big Data & AI Solutions Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, business organizations can develop strategies to minimize risks & optimize their operations.

*Reports Delivery Format  Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address

Frequently Asked Questions

   A. The Saudi Arabia Big Data & AI Solutions Market is expected to grow at a compound annual growth rate (CAGR) of around 32% over the forecast period.

   A. The Saudi Arabia Big Data & AI Solutions Market size was valued at around USD 0.32 billion in 2024 and is projected to reach USD 1.7 billion by 2030.

   A. The government initiatives and Vision 2030 are expected to drive the Saudi Arabia Big Data & AI Solutions Market during 2025-30.

   A. Microsoft Corporation, Nvidia Corporation, Amazon Web Services Inc., SAP SE, Intel Corporation, Oracle Corporation, IQVIA, Nala.ai, IBM Corporation, NEC Corporation, SAS Institute Inc., Teradata Corporation, Qlik, and others are the top companies in Saudi Arabia Big Data & AI Solutions Market.

   A. The cloud-based segment held the largest share of Saudi Arabia Big Data & AI Solutions.

   A. The adoption of cloud-based AI & big data solutions is one of the key trends shaping the growth of the Saudi Arabia Big Data & AI Solutions Market.

   A. Data privacy and security concerns are possible restraints affecting the growth of the Saudi Arabia Big Data & AI Solutions Market.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Saudi Arabia Big Data & AI Solutions Market Trends & Deployments
  5. Saudi Arabia Big Data & AI Solutions Market Dynamics
    1. Growth Drivers
    2. Challenges
  6. Saudi Arabia Big Data & AI Solutions Market Opportunities & Hotspots
  7. Saudi Arabia Big Data & AI Solutions Market Value Chain Analysis
  8. Saudi Arabia Big Data & AI Solutions Market Regulations and Policy
  9. Saudi Arabia Big Data & AI Solutions Market Outlook, 2020-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Organization Size
        1. Small & Medium Enterprises (SMEs)- Market Size & Forecast 2020-2030, USD Million
        2. Large Enterprises- Market Size & Forecast 2020-2030, USD Million
      2. By Application
        1. Predictive Maintenance- Market Size & Forecast 2020-2030, USD Million
        2. Customer Experience Management- Market Size & Forecast 2020-2030, USD Million
        3. Fraud Detection & Risk Management- Market Size & Forecast 2020-2030, USD Million
        4. Marketing Analysis- Market Size & Forecast 2020-2030, USD Million
        5. Workforce Optimization- Market Size & Forecast 2020-2030, USD Million
        6. Smart City Solutions- Market Size & Forecast 2020-2030, USD Million
        7. Healthcare Diagnostics- Market Size & Forecast 2020-2030, USD Million
        8. Others- Market Size & Forecast 2020-2030, USD Million
      3. By Technology
        1. Machine Learning- Market Size & Forecast 2020-2030, USD Million
        2. Natural Language Processing- Market Size & Forecast 2020-2030, USD Million
        3. Data Mining- Market Size & Forecast 2020-2030, USD Million
        4. Data Visualization- Market Size & Forecast 2020-2030, USD Million
        5. Deep Learning- Market Size & Forecast 2020-2030, USD Million
      4. By Component
        1. Hardware- Market Size & Forecast 2020-2030, USD Million
        2. Software- Market Size & Forecast 2020-2030, USD Million
        3. Service- Market Size & Forecast 2020-2030, USD Million
      5. By Deployment Mode
        1. On-Premise- Market Size & Forecast 2020-2030, USD Million
        2. Cloud Based- Market Size & Forecast 2020-2030, USD Million
        3. Hybrid- Market Size & Forecast 2020-2030, USD Million
      6. By End User
        1. IT & Telecom- Market Size & Forecast 2020-2030, USD Million
        2. Retail- Market Size & Forecast 2020-2030, USD Million
        3. Public & Government Institutions- Market Size & Forecast 2020-2030, USD Million
        4. BFSI- Market Size & Forecast 2020-2030, USD Million
        5. Healthcare- Market Size & Forecast 2020-2030, USD Million
        6. Energy- Market Size & Forecast 2020-2030, USD Million
        7. Construction & Manufacturing- Market Size & Forecast 2020-2030, USD Million
        8. Others (Education, Tourism, Transportation, etc.)- Market Size & Forecast 2020-2030, USD Million
      7.  By Region
        1. Northern
        2. Central
        3. Southern
        4. Eastern
        5. Western
      8. By Company
        1. Competition Characteristics
        2. Market Share and Analysis
  10. Hardware Big Data & AI Solutions Market Outlook, 2020-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Organization Size- Market Size & Forecast 2020-2030, USD Million
      2. By Application-Market Size & Forecast 2020-2030, USD Million
      3. By Deployment Mode-Market Size & Forecast 2020-2030, USD Million
      4. By End User- Market Size & Forecast 2020-2030, USD Million
  11. Software Big Data & AI Solutions Market Outlook, 2020-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Organization Size- Market Size & Forecast 2020-2030, USD Million
      2. By Application-Market Size & Forecast 2020-2030, USD Million
      3. By Deployment Mode-Market Size & Forecast 2020-2030, USD Million
      4. By End User- Market Size & Forecast 2020-2030, USD Million
  12. Services Saudi Arabia Big Data & AI Solutions Market Outlook, 2020-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Organization Size- Market Size & Forecast 2020-2030, USD Million
      2. By Application-Market Size & Forecast 2020-2030, USD Million
      3. By Deployment Mode-Market Size & Forecast 2020-2030, USD Million
      4. By End User- Market Size & Forecast 2020-2030, USD Million
  13. Saudi Arabia Big Data & AI Solutions Market Strategic Imperatives for Growth & Success
  14. Competition Outlook
    1. Company Profiles
      1. Microsoft Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      2. Nvidia Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      3. Amazon Web Services Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      4. SAP SE
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      5. Intel Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      6. Oracle Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      7. IQVIA
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      8. Nala.ai
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      9. IBM Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      10. NEC Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      11. SAS Institute Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      12. Teradata Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      13. Qlik
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Deployments
        5. Financial Details
        6. Others
      14. Others
  15. Disclaimer


Saudi Arabia Big Data & AI Solutions Market Segmentation