Saudi Arabia Industrial Asset Management Market Size & Outlook
Saudi Arabia industrial asset management market, 2018-2030 (US$B)
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Saudi Arabia industrial asset management market highlights
- The Saudi Arabia industrial asset management market generated a revenue of USD 1.8 billion in 2023 and is expected to reach USD 4.7 billion by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 14.5% 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.
Industrial asset management market data book summary
| Market revenue in 2023 | USD 1.8 billion |
| Market revenue in 2030 | USD 4.7 billion |
| Growth rate | 14.5% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.2% of the global industrial 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 industrial 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 4.4 billion by 2030.
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Industrial Asset Management Market Scope
Industrial Asset Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia industrial 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 industrial asset management market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 50% in 2023. Horizon Databook has segmented the Saudi Arabia industrial asset management market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Saudi Arabia industrial asset management market databook
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Our clientele includes a mix of industrial asset management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 industrial asset management market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia industrial asset management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia industrial asset management market size, by component, 2018-2030 (US$B)
Saudi Arabia Industrial Asset Management Market Outlook Share, 2023 & 2030 (US$B)
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