Saudi Arabia Internet-of-Things Market 2020-2024 Forecast and 2019 Analysis

Saudi Arabia Internet-of-Things Market 2020-2024 Forecast and 2019 Analysis

  • July 2020 •
  • 16 pages •
  • Report ID: 5931901 •
  • Format: PDF
This IDC Market Forecast document covers the Internet of Things (IoT) market in Saudi Arabia during the 2019-2024 period. It highlights key considerations for technology suppliers in this evolving and complex market, and it provides short-term and long-term planning advice. Among a host of other factors, forecast considerations include the supply-chain disruptions, operational restrictions, and overall economic downturn brought about by the COVID-19 crisis in Saudi Arabia. The study also elaborates on market growth drivers and inhibitors."IoT is playing a critical role in the digital transformation of major industries in Saudi Arabia. Challenges arising out of the COVID-19 crisis might have dampened IoT adoption, but enterprises are now more committed to deploying IoT solutions -- and sooner than later -- as they realize the significant positive impact IoT can have on profitability." -- Senior Research Analyst Hyder Aftab, IoT and Telecom Services, IDC Saudi Arabia
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