Saudi Arabia Mobile Encryption Market Size & Outlook

The mobile encryption market in Saudi Arabia is expected to reach a projected revenue of US$ 220.1 million by 2030. A compound annual growth rate of 25.1% is expected of Saudi Arabia mobile encryption market from 2024 to 2030.
Revenue, 2023 (US$M)
$46.0
Forecast, 2030 (US$M)
$220.1
CAGR, 2024 - 2030
25.1%
Report Coverage
Saudi Arabia

Saudi Arabia mobile encryption market highlights

  • The Saudi Arabia mobile encryption market generated a revenue of USD 46.0 million in 2023 and is expected to reach USD 220.1 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 25.1% from 2024 to 2030.
  • In terms of segment, software was the largest revenue generating solution in 2023.
  • Services is the most lucrative solution segment registering the fastest growth during the forecast period.

Mobile encryption market data book summary

Market revenue in 2023USD 46.0 million
Market revenue in 2030USD 220.1 million
Growth rate25.1% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationServices, Software
Key market players worldwideBlackBerry Ltd, Broadcom Inc, McAfee, International Business Machines Corp, Thales Group, Cisco Systems Inc, Microsoft Corp, Lookout, Cellebrite DI Ltd, Sophos, Amazon.com Inc

Other key industry trends

  • In terms of revenue, Saudi Arabia accounted for 1.4% of the global mobile encryption market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, South Africa mobile encryption 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 329.0 million by 2030.

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Mobile Encryption Market Companies

Name Profile # Employees HQ Website

Saudi Arabia mobile encryption 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 mobile encryption market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 63.04% in 2023. Horizon Databook has segmented the Saudi Arabia mobile encryption market based on services, software covering the revenue growth of each sub-segment from 2018 to 2030.


  • Saudi Arabia Mobile Encryption Solution Outlook (Revenue, USD Million, 2018-2030)
    • Services
    • Software
  • Saudi Arabia Mobile Encryption Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Cloud
    • On-premise
  • Saudi Arabia Mobile Encryption Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Small and medium-sized enterprises
    • Large enterprises
  • Saudi Arabia Mobile Encryption Vertical Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • Telecom and IT
    • Retail
    • Healthcare
    • Education
    • Transportation and Logistics
    • Manufacturing
    • Government
    • Others

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Target buyers of Saudi Arabia mobile encryption market databook

  • Our clientele includes a mix of mobile encryption 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 mobile encryption market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia mobile encryption market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Saudi Arabia mobile encryption market size, by solution, 2018-2030 (US$M)

Saudi Arabia Mobile Encryption Market Outlook Share, 2023 & 2030 (US$M)

Saudi Arabia mobile encryption market size, by solution, 2018-2030 (US$M)

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