Saudi Arabia’s government organisations are expected to increase their 2020 spending on information and communication technologies (ICT) by 6.1 percent compared to the anticipated spend for 2019, International Data Corporation (IDC) said.
The global technology research and consulting services firm also expects government ICT spending in the kingdom to increase at a compound annual growth rate (CAGR) of 6.4 percent over the 2018–2023 period, outperforming the overall enterprise market's CAGR of 4.7 percent.
"As the Kingdom continues to pursue the goals of its National Transformation Program (NTP), much of the government's ICT spending focus will be directed towards digital transformation (DX) enabling technologies," says Massimiliano Claps, IDC's Research Director for Government Insights across Europe, the Middle East, and Africa.
"In this era of rapid evolution, pressures on resources and structural changes across government agencies can constrain opportunities. Given that the Saudi government is at the forefront of driving DX in the Kingdom as part of its ambitious Saudi Vision 2030 initiative, the need for a comprehensive platform that addresses the various aspects of DX in government is more pressing than ever before," he added.