Saudi Arabia Software as a Service Market Size, Growth 2033

Saudi Arabia Software as a Service (SaaS) Market Size, Share, Trends and Forecast by Component, Deployment, Enterprise-size, Application, Industry and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A29294

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Saudi Arabia Software as a Service (SaaS) Market Size and Share:

The Saudi Arabia software as a service (SaaS) market size reached USD 2.91 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 9.47 Billion by 2033, exhibiting a growth rate (CAGR) of 13.02% during 2025-2033. Rising cloud adoption, government digital initiatives, AI and IoT integration, increasing SME demand, cybersecurity needs, fintech expansion, smart city projects, remote work trends, 5G deployment, and strong VC investments are driving the growth of the Saudi Arabia SaaS market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 2.91 Billion
Market Forecast in 2033	USD 9.47 Billion
Market Growth Rate (2025-2033)	13.02%

Saudi Arabia Software as a Service (SaaS) Market Trends:

Government-Led Digital Transformation Initiatives

Saudi Arabia's government is actively promoting digital transformation to diversify its economy and reduce reliance on oil revenues. Central to this strategy is the adoption of cloud computing and Software as a Service (SaaS) solution, which offer scalable and cost-effective alternatives to traditional IT infrastructures. The "Cloud First Policy," introduced in 2019, encourages public sector entities to prioritize cloud services, thereby accelerating SaaS adoption across various industries. This policy has significantly influenced market growth. The public cloud market in Saudi Arabia hit $2.1 billion in 2024. The IMARC Group predicts it will grow to $7.1 billion by 2033. That means it’s expected to grow at a rate of 13.7% each year from 2025 to 2033. Saudi Arabia's Vision 2030 initiative is accelerating digital infrastructure development and smart city projects, fostering an environment conducive to technological innovation. This push is driving greater demand for SaaS solutions across key sectors like healthcare, education, and finance. Consequently, the Saudi Arabian SaaS market is projected to grow at a CAGR of 17.81%, reaching approximately USD 790.39 million by 2029. These government-led initiatives not only enhance operational efficiency but also attract foreign investments, positioning Saudi Arabia as a burgeoning hub for cloud computing and SaaS in the Middle East.

Surge in AI-Driven SaaS Investments

The integration of Artificial Intelligence (AI) into SaaS offerings is a significant trend propelling the Saudi Arabian market. AI enhances the capabilities of SaaS applications by providing advanced analytics, automation, and personalized user experiences. Recognizing this potential, both the government and private sector are making substantial investments in AI-driven SaaS solutions. In February 2025, Salesforce announced a $500 million investment in Saudi Arabia focused on AI-related initiatives. This investment includes the introduction of Salesforce's Hyperforce platform architecture, developed in partnership with Amazon Web Services, and aims to enhance AI capabilities within the region. Such investments are expected to significantly impact the SaaS market. Moreover, the infusion of AI technologies into SaaS platforms is anticipated to drive this growth by offering enhanced functionalities and efficiencies to businesses across various sectors. Besides this, the focus on AI aligns with the broader objectives of Vision 2030, aiming to position Saudi Arabia as a leader in technological innovation. The government's commitment to upskilling its workforce, with plans to train 30,000 Saudi citizens in AI-related fields by 2030, further supports the sustainable growth of the AI-driven SaaS market.

Saudi Arabia Software as a Service (SaaS) Market Segmentation:

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 component, deployment, enterprise-size, application, and industry.

Component Insights:

Software
Services

The report has provided a detailed breakup and analysis of the market based on the component. This includes software and services.

Deployment Insights:

Public Cloud
Private Cloud
Hybrid Cloud

A detailed breakup and analysis of the market based on the deployment have also been provided in the report. This includes public cloud, private cloud, and hybrid cloud.

Enterprise Size Insights:

Small & Medium Enterprises
Large Enterprises

The report has provided a detailed breakup and analysis of the market based on the enterprise size. This includes small & medium enterprises and large enterprises.

Application Insights:

Customer Relationship Management (CRM)
Enterprise Resource Planning (ERP)
Human Capital Management
Content, Collaboration & Communication
BI & Analytics
Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes customer relationship management (CRM), enterprise resource planning (ERP), human capital management, content, collaboration & communication, BI & analytics, and others.

Industry Insights:

Banking, Financial Services and Insurance (BFSI)
Retail and Consumer Goods
Healthcare
Education
Manufacturing
Travel & Hospitality
Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes banking, financial services and insurance (BFSI), retail and consumer goods, healthcare, education, manufacturing, travel & hospitality, and others.

Regional Insights:

Northern and Central Region
Western Region
Eastern Region
Southern Region

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.

Competitive Landscape:

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.

Saudi Arabia Software as a Service (SaaS) Market News:

February 2025: ZIWO launched ZIWO AI at the LEAP 2025 event in Riyadh, Saudi Arabia. This new software helps customer service teams by analyzing how customers feel. It gives agents tips on how to best solve problems. It also fits right into how businesses work, making everything run smoother.
February 2025: Saudi Arabia is investing $1.5 billion in Groq, a Silicon Valley AI company. This deal, also announced at LEAP 2025, will help the country grow its AI technology and support local needs.

Saudi Arabia Software as a Service (SaaS) Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Component Deployment Enterprise-size Application Industry Region
Components Covered	Software, Services
Deployments Covered	Public Cloud, Private Cloud, Hybrid Cloud
Enterprise-sizes Covered	Small & Medium Enterprises, Large Enterprises
Applications Covered	Customer Relationship Management (CRM), Enterprise Resource planning (ERP), Human Capital Management, Content, Collaboration & Communication, BI & Analytics, Others
Industries Covered	Banking, Financial Services and Insurance (BFSI), Retail and Consumer Goods, Healthcare, Education, Manufacturing, Travel & Hospitality, 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:

How has the Saudi Arabia software as a service (SaaS) market performed so far and how will it perform in the coming years?
What is the breakup of the Saudi Arabia software as a service (SaaS) market on the basis of component?
What is the breakup of the Saudi Arabia software as a service (SaaS) market on the basis of deployment?
What is the breakup of the Saudi Arabia software as a service (SaaS) market on the basis of enterprise-size?
What is the breakup of the Saudi Arabia software as a service (SaaS) market on the basis of application?
What is the breakup of the Saudi Arabia software as a service (SaaS) market on the basis of industry?
What are the various stages in the value chain of the Saudi Arabia software as a service (SaaS) market?
What are the key driving factors and challenges in the Saudi Arabia software as a service (SaaS) market?
What is the structure of the Saudi Arabia software as a service (SaaS) market and who are the key players?
What is the degree of competition in the Saudi Arabia software as a service (SaaS) market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia software as a service (SaaS) market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia software as a service (SaaS) market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia software as a service (SaaS) industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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