The Saudi Arabia Platform as a Service Market
Increased market-driving use of Big Data, AI, machine learning, IT effectiveness, and business innovation
The increasing usage of machine learning and artificial intelligence is expected to advance the Platform-as-Service industry. Platform-as-Service provides conventional organizations with cloud computing, big data & analytics, data management, and other sophisticated technologies such as artificial intelligence and machine learning that assist in optimizing corporate operations, resulting in lower operating costs and better productivity. As a result, its use in various industries, including healthcare, finance, transportation, manufacturing, and others, has increased demand in the Platform-as-Service business. Platform as a Service improves top and bottom-line performance by making IT more responsive to business opportunities. Platform as a Service, for instance, makes it possible to create mobile apps quickly, allows chatbots for more inventive user experiences, uses blockchain to facilitate more reliable transactions, hastens release cycles with containers and APIs, and enhances data discovery and analytics.
To be competitive in today's high-tech digital world, businesses must constantly develop and pilot new cloud computing technologies, as well as listen to consumers and the market for signals of change. In the cloud market, marketing is no exception to the overall corporate landscape's rapid shift toward automated operations and data-driven decision making. As a result of this fast rise, the Saudi Arabia Platform as a Service Market is in high demand in Saudi Arabia.
Saudi Arabia Platform as a Service Market Challenges
The issue with pricing is that the companies are accustomed to purchasing large quantities of countable items such as licenses or hardware. We then add a slew of services, such as per-server administration fees, per-CPU performance boosts, and per-hour technical labour. The wonderful thing about it (apart from the fact that it must be paid) is that it is simple to compute the cost. Cloud malware injection, meltdowns, account or service hijacking, and man-in-the-cloud attacks disclose enterprise data vulnerabilities, which can lead to business shutdown and losses. Cyber-attacks, on the other hand, impair business operations, restricting the expansion of the Platform-as-Service market.
Market Segments
Major market players in
Recent Developments
In December 2022, The Alphabet Inc-owned company will integrate Waze, which it acquired for $1 billion in 2013, into Google Geo, its portfolio of real-world mapping tools that includes Google Maps, Google Earth, and Street View.
In June 2022 - Saudi Cloud Computing Business (SCCC), a new joint venture firm created by Chinese and Saudi enterprises, has begun operations in Saudi Arabia to meet the rising demand for cloud services in the country.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | Type Deployment Organization Size Industry Vertical |
| Regional scope | Western Region, Northern & Central Region Eastern Region, Southern Region |
| Key companies profiled | Sap Saudi Arabia, IBM Middle East, Alibaba Cloud, Oracle Saudi Arabia, Hewlett Packard Enterprise Development LP, AWS Middle East, NourNet, Zoho Corporation, Google Saudi Arabia, Microsoft Middle East |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
