Saudi Arabia Asset Management Market Size & Outlook

The asset management market in Saudi Arabia is expected to reach a projected revenue of US$ 12,887.3 million by 2030. A compound annual growth rate of 22.8% is expected of Saudi Arabia asset management market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,067.8
Forecast, 2030 (US$M)
$12,887.3
CAGR, 2024 - 2030
22.8%
Report Coverage
Saudi Arabia

Saudi Arabia asset management market highlights

  • The Saudi Arabia asset management market generated a revenue of USD 3,067.8 million in 2023 and is expected to reach USD 12,887.3 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 22.8% from 2024 to 2030.
  • In terms of segment, services was the largest revenue generating component in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.

Asset management market data book summary

Market revenue in 2023USD 3,067.8 million
Market revenue in 2030USD 12,887.3 million
Growth rate22.8% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentSoftware
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideABB Ltd, Adobe Inc, Brookfield Asset Management Ltd Ordinary Shares - Class A, Honeywell International Inc, International Business Machines Corp, Oracle Corp, Rockwell Automation Inc, Siemens AG, WSP Global Inc, Zebra Technologies Corp Class A

Other key industry trends

  • In terms of revenue, Saudi Arabia accounted for 1.2% of the global asset management market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Saudi Arabia asset management market is projected to lead the regional market in terms of revenue in 2030.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 12,073.7 million by 2030.

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Asset Management Market Companies

Name Profile # Employees HQ Website

Saudi Arabia asset management market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to asset management market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 47.3% in 2023. Horizon Databook has segmented the Saudi Arabia asset management market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Saudi Arabia Asset Management Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
      • Real-Time Location System (RTLS)
      • Barcode
      • Mobile Computer
      • Labels
      • Global Positioning System (GPS)
      • Others
    • Software
      • Location & Movement Tracking
      • Check In/Check Out
      • Repair & Maintenance
      • Others
    • Services
      • Strategic Asset Management
      • Operational Asset Management
      • Tactical Asset Management
  • Saudi Arabia Asset Management Asset Type Outlook (Revenue, USD Million, 2018-2030)
    • Returnable Transport Assets
    • Manufacturing Assets
    • IT Assets
    • Others
  • Saudi Arabia Asset Management Application Outlook (Revenue, USD Million, 2018-2030)
    • Infrastructure Asset Management
      • Transportation
      • Energy Infrastructure
      • Water & Waste Infrastructure
      • Critical Infrastructure
      • Others
    • Enterprise Asset Management
    • Healthcare Asset Management
    • Aviation Asset Management
    • Others

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Target buyers of Saudi Arabia asset management market databook

  • Our clientele includes a mix of asset management market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia asset management market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia asset management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Saudi Arabia asset management market size, by component, 2018-2030 (US$M)

Saudi Arabia Asset Management Market Outlook Share, 2023 & 2030 (US$M)

Saudi Arabia asset management market size, by component, 2018-2030 (US$M)

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