The Saudi Arabia cybersecurity solutions market size reached USD 624.75 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,729.3 Million by 2033, exhibiting a growth rate (CAGR) of 11.12% during 2025-2033. Rising cyber threats, cloud adoption, regulatory compliance, digital transformation, AI-driven security, remote work risks, 5G expansion, growing IoT devices, increasing ransomware attacks, and government initiatives are driving the growth of the cybersecurity solutions market.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 624.75 Million |
Market Forecast in 2033 | USD 1,729.3 Million |
Market Growth Rate (2025-2033) | 11.12% |
Government-Led Investments in Artificial Intelligence (AI) and Cloud Computing
Saudi Arabia is making significant strides in bolstering its cybersecurity infrastructure through substantial investments in AI and cloud computing. In February 2025, during the LEAP 2025 technology conference in Riyadh, the Kingdom announced over $14.9 billion in AI sector investments. These investments aim to enhance digital skills, foster tech startups, and position Saudi Arabia as a global leader in AI-driven economies. Key initiatives include a $1.5 billion collaboration between Groq and Aramco Digital to expand AI-powered cloud computing, and a $2 billion partnership between Alat and Lenovo to establish an advanced AI and robotics-based manufacturing center in the Kingdom. Google also unveiled plans to launch a global AI hub in Saudi Arabia to meet regional and international demand. These strategic investments are expected to significantly impact the cybersecurity landscape. As the Kingdom accelerates its digital transformation, the emphasis on AI and cloud computing serves as a catalyst for the growth of robust cybersecurity solutions, ensuring the protection of critical infrastructure and sensitive data.
Escalating Cyber Threats Amid Rapid Digitalization
The rapid digital transformation across Saudi Arabia has led to an increased adoption of cloud services, IoT devices, and smart technologies. While these advancements offer numerous benefits, they also expand the attack surface for cybercriminals. In 2023, Saudi Arabia's investments in cybersecurity products and services surged to SR13.3 billion ($3.55 billion), marking a 10.83% increase from the previous year. The Kingdom's proactive approach to cybersecurity is evident in its global standing. In 2024, Saudi Arabia achieved a perfect score of 100/100 across five key pillars in the UN Global Cybersecurity Index, underscoring its commitment to maintaining a secure digital environment. The cybersecurity market in Saudi Arabia was worth $2.6 billion in 2024. It is expected to grow to $7.5 billion by 2033. That's a growth rate of about 11.7% each year from 2025 to 2033. This growth is driven by the need to safeguard important infrastructure, financial systems, and personal data from increasingly sophisticated cyber threats. As digitalization efforts intensify, the demand for advanced cybersecurity solutions becomes paramount, ensuring the resilience and integrity of the Kingdom's digital ecosystem.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on offering, deployment, organization size, and end user.
Offering Insights:
The report has provided a detailed breakup and analysis of the market based on the offering. This includes solutions (application security, cloud security, data security, identity and access management, infrastructure protection, integrated risk management, network security equipment, consumer security, and others), and services (professional services, and managed services).
Deployment Insights:
A detailed breakup and analysis of the market based on the deployment have also been provided in the report. This includes cloud and on-premises.
Organization Size Insights:
The report has provided a detailed breakup and analysis of the market based on the organization size. This includes small and medium size enterprises, and large enterprises.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes BFSI, healthcare, construction, government & defense, IT & telecommunication, retail, energy and utilities, manufacturing, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Offerings Covered |
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Deployments Covered | Cloud, On-Premises |
Organization Sizes Covered | Small and Medium Size Enterprises, Large Enterprises |
End Users Covered | BFSI, Healthcare, Construction, Government & Defense, IT & Telecommunication, Retail, Energy and Utilities, Manufacturing, Others |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: