ICT

Saudi Arabia 2019 - ICT

Like other sectors of the economy, development of Saudi Arabia’s ICT industry is being deeply influenced by the government’s Vision 2030 strategy, which emphasises the need for diversification and modernisation. However, in the context of this roadmap, ICT is not being addressed as a standalone sector, but rather as a fillip to help all other sectors transform through the adoption of digital technologies, cloud computing and e-commerce, among other applications. In 2018 a study to estimate the value of spending on ICT services concluded that it totalled $36.2bn in 2017, up by 4.6% on the previous year. Of that total, telecommunications accounted for almost two-thirds (65%), with the remaining 35% distributed between IT, hardware and software services. This chapter contains interviews with Nasser Al Nasser, CEO, Saudi Telecom Company; Mohammed AlShaibi, CEO, Tamkeen Technologies.

Share
Cover of The Report: Saudi Arabia 2019

The Report

This chapter is from the Saudi Arabia 2019 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Mohammed AlShaibi, CEO, Tamkeen Technologies
Mohammed AlShaibi, CEO, Tamkeen Technologies: Interview

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart