Saudi Arabia Smart Government Market Size & Outlook

The smart government market in Saudi Arabia is expected to reach a projected revenue of US$ 1,016.4 million by 2030. A compound annual growth rate of 15.9% is expected of Saudi Arabia smart government market from 2024 to 2030.
Revenue, 2023 (US$M)
$361.9
Forecast, 2030 (US$M)
$1,016.4
CAGR, 2024 - 2030
15.9%
Report Coverage
Saudi Arabia

Saudi Arabia smart government market highlights

  • The Saudi Arabia smart government market generated a revenue of USD 361.9 million in 2023 and is expected to reach USD 1,016.4 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 15.9% from 2024 to 2030.
  • In terms of segment, professional services was the largest revenue generating services in 2023.
  • Managed Services is the most lucrative services segment registering the fastest growth during the forecast period.


Smart government market data book summary

Market revenue in 2023USD 361.9 million
Market revenue in 2030USD 1,016.4 million
Growth rate15.9% (CAGR from 2023 to 2030)
Largest segmentProfessional services
Fastest growing segmentManaged Services
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationProfessional Services, Managed Services
Key market players worldwideAmazon.com Inc, Alphabet Inc Class C, International Business Machines Corp, Microsoft Corp, Oracle Corp, Palantir Technologies Inc Ordinary Shares - Class A, Salesforce Inc, Snowflake Inc Ordinary Shares - Class A, Accela, CivicPlus


Other key industry trends

  • In terms of revenue, Saudi Arabia accounted for 1.1% of the global smart government 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 smart government 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 478.5 million by 2030.

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Smart Government Market Companies

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Saudi Arabia smart government 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 smart government market will help companies and investors design strategic landscapes.


Professional services was the largest segment with a revenue share of 59.96% in 2023. Horizon Databook has segmented the Saudi Arabia smart government market based on professional services, managed services covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Saudi Arabia smart government market databook

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

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Saudi Arabia smart government market size, by services, 2018-2030 (US$M)

Saudi Arabia Smart Government Market Outlook Share, 2023 & 2030 (US$M)

Saudi Arabia smart government market size, by services, 2018-2030 (US$M)

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