Saudi Arabia Information Technology Report Q3 2009

Saudi Arabia will continue to be a lucrative market for technology products and services during BMI's 2009-2013 forecast period. The Kingdom has the biggest IT market in the Gulf region, with a forecast value of US$3.6bn in 2009 expected to rise to US$4.9bn by 2013, a CAGR of 8%. Certainly Saudi Arabia appears better placed than some other emerging markets to withstand the current global economic headwinds.

This is not to say that there will be no impact from the current economic slowdown. There have been vendor reports of IT managers looking to cut costs, and projects being scaled back in key sectors for IT projects such as oil and gas, real estate and construction. Many companies, hit by slowdowns in key export markets, and credit tightening, were looking to cut costs, and letting replacement cycles stretch another year.

However, Saudi Arabia's IT market has a number of positive factors which should help it avoid stagnation, including a growing population, and government spending propping up fairly resilient consumer demand. Saudi Arabia accounts for around 40% of IT spending in the Middle East region, with BMI projecting that per-capita IT spend will reach US$185 by 2013, with PC penetration rising to nearly 30%.

• Executive Summary
• SWOT Analysis
• Saudi Arabia IT Sector SWOT
• Saudi Arabia Telecommunications Industry SWOT
• Saudi Arabia Political SWOT
• Saudi Arabia Economic SWOT
• Saudi Arabia Business Environment SWOT
• Middle East Regional IT Markets Overview
• Market Growth And Drivers
• Sectors And Verticals
• MEA IT Business Environment Ratings
• Regional IT Business Environment Ratings
• Market Overview
• Government Authority
• Background
• Hardware
• Software
• Services
• Industry Developments
• Industry Forecast
  • Table: Saudi Arabia's IT Sector ??