TechSci Press Release

Saudi Arabia Cloud Computing market is expected to grow at a steady rate during the forecast period. The launch of several government initiatives such as Saudi Vision 2030 and Cloud-First Policy is the major driver for the Cloud Computing market in the forecast period. The rise in the digitization process across various industry verticals to speed up the process and increase the transparency in the system is expected to fuel the growth of the Cloud Computing market. Saudi Vision 2030 is encouraging foreign investment to develop and advance the technology sector. Cloud-First Policy has accelerated the adoption of advanced technologies such as artificial intelligence, 4th industrial revolution technologies, among others which is increasing the efficiency and performance of the systems. The oil industry is considered the major revenue-generating industry in Saudi Arabia and the government is aiming to reduce the dependence on the oil industry by diversifying other industries and promotin...