Saudi Arabia's main stock market index, the TASI, rose to 10914 points on July 30, 2025, gaining 0.84% from the previous session. Over the past month, the index has declined 1.86% and is down 9.87% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Saudi Arabia. Saudi Arabia Stock Market (TASI) - values, historical data, forecasts and news - updated on July of 2025.

Stock market return (%, year-on-year) in Saudi Arabia was reported at 36.72 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Saudi Arabia - Stock market return (%, year-on-year) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Saudi Arabia TASI

• Saudi Arabia TASI closed at 12,111.9 points in Feb 2025, compared with 12,415.5 points at the previous month end
• Saudi Arabia Equity Market Index: Month End: TASI data is updated monthly, available from Jan 2007 to Feb 2025, with an average number of 7,907.4 points
• The data reached an all-time high of 13,733.9 points in Apr 2022 and a record low of 4,384.6 points in Feb 2009

• In the latest reports, Tadawul recorded a daily P/E ratio of 16.6 in Mar 2025

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Saudi Arabia IT Market Size 2025-2029

The Saudi Arabia IT market size is forecast to increase by USD 5.6 billion at a CAGR of 6.9% between 2024 and 2029. The market is experiencing significant growth, driven by the Saudi Vision 2030 national transformation program and the increasing adoption of e-governance.

Major Market Trends & Insights

Based on the Component, the hardware segment led the market and was valued at USD 6.26 billion of the global revenue in 2022.
Based on the End-user, the government segment accounted for the largest market revenue share in 2023.

Market Size & Forecast

Market Opportunities: USD 14.16 Billion
Future Opportunities: USD 5.6 Billion
CAGR (2023-2028): 6.9%

The Saudi Vision 2030 initiative aims to diversify the economy and reduce its reliance on oil, creating a favorable environment for IT investments. In line with this, the Saudi Arabian government is prioritizing digital transformation, leading to an increase in demand for IT solutions and services. Moreover, the adoption of e-governance is gaining momentum in Saudi Arabia, with various government agencies embracing digital technologies to improve service delivery and enhance citizen engagement. This trend is expected to continue, creating opportunities for IT companies to offer innovative solutions and services.

What will be the size of the Saudi Arabia IT Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with various sectors embracing innovative technologies to drive growth and efficiency. Company management practices are increasingly focusing on smart city technologies, such as virtualization and collaboration platforms, to enhance urban infrastructure and services. IT infrastructure spending is projected to reach 12.5% of the country's GDP by 2023, with a significant portion allocated to edge computing deployment and data breaches prevention. Process automation tools and innovation ecosystem development are key areas of investment, with technology adoption rates reaching an all-time high of 45% in 2021. Digital government initiatives are transforming public services, with e-learning platform implementation and digital literacy programs becoming essential components of the national agenda. The software segment is the second largest segment of the component and was valued at USD 2.22 billion in 2022.
However, the market faces challenges, including the increasing threat of cyber crimes. With the growing digitalization of government and business operations, the risk of cyber attacks is on the rise. Companies operating in the IT market must prioritize cybersecurity to mitigate these risks and maintain the trust of their clients. Effective cybersecurity strategies, including data encryption, multi-factor authentication, and regular vulnerability assessments, are essential to navigating this challenge and capitalizing on the market's growth opportunities.
Telehealth technology deployment and IT outsourcing models are also gaining traction, enabling cost optimization strategies and improving service level agreements. However, the market is not without challenges, with IT risk management and talent acquisition strategies becoming critical concerns. The IT skills gap and cybersecurity threats landscape are major obstacles to growth, with the latter expected to cost the region's businesses over USD3 billion annually by 2025. Financial technology solutions and knowledge management systems are essential tools in addressing these challenges, as the market continues to adapt and innovate.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Component

  Hardware
  Software
  Services


End-user

  Government
  IT and Telecommunication
  BFSI
  Oil and gas
  Retail and E-commerce
  Others


Deployment Type

  On-Premises
  Cloud-Based
  Hybrid


Geography

By Component Insights

The hardware segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 6.26 billion in 2022.

In Saudi Arabia, the IT market is witnessing significant growth as businesses prioritize digital workforce transformation and mobility. Mobile application development is on the rise, with companies investing in custom apps to enhance productivity and customer engagement. Cybersecurity awareness training is becoming essential as data privacy regulations tighten, and cloud computing adoption increases to improve data center capacity and reduce IT infrastructure costs. Remote work technologies are gaining traction, enabling a flexible work environme

The Saudi Arabia Big Data and Artificial Intelligence Market Report is Segmented by Solutions (Hardware, Software, Service), Organization Size (SMEs, Large Enterprises), and End User (IT and Telecom, Retail, Public and Government Institutions, BFSI, Healthcare, Energy, Construction and Manufacturing, and Other End Users). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The Saudi Arabia ICT market is expanding rapidly, driven by several factors, including the government's Vision 2030 plan, which aims to transform the country into a digital hub. The market is expected to grow at a CAGR of 8.49% during the forecast period (2025-2033), reaching a value of 50.60 million by 2033. Key drivers include the increasing adoption of cloud computing, big data analytics, and artificial intelligence (AI), as well as the government's initiatives to promote digital transformation across industries. The market is segmented by type (hardware, software, IT services, and telecommunication services), size of enterprise (small and medium enterprises, large enterprises), and industry vertical (BFSI, IT and telecom, government, retail and e-commerce, manufacturing, energy and utilities, other industry verticals). The telecommunication services segment is expected to hold the largest share of the market, driven by the growing demand for mobile and broadband services. The BFSI sector is expected to be the largest industry vertical, followed by IT and telecom, government, and retail and e-commerce. The market is concentrated with major players such as Etihad Etisalat Company (Mobily), DELL Technologies INC, and Accenture PLC. Recent developments include: December 2023 - Alliance Networks, a digital infrastructure service provider, and Salam partnered to offer seamless, high-capacity connectivity to businesses in the Gulf Cooperation Council (GCC) region and beyond. They will integrate Salam’s network infrastructure, including data centers and international subsea cables, with Alliance Networks’ regional presence and commercial partnerships., November 2023 - Trend Micro Incorporated, capitalizing on its partnership with Saudi Cloud Computing Company (SCCC) Alibaba Cloud, to introduce the Trend Vision One SOCaas (Security Operation Centre as a service), Advanced MXDR in the Kingdom of Saudi Arabia. This new phase marks a continuation of the companies’ commitment to providing comprehensive, vendor-direct cybersecurity services in the Kingdom of Saudi Arabia.. Key drivers for this market are: Growth of the Digital Economy, Robust Adoption of 5G Networks Across the Country; Increasing Usage of the Internet of Things (IoT) and Cloud Services. Potential restraints include: Lack of Skilled Workforce in the Country. Notable trends are: Energy and Utilities to Witness Major Growth.

The Saudi Arabia Furniture Market report segments the industry into By Type (Living Room Furniture, Dining Room Furniture, Bedroom Furniture, Kitchen Furniture, Other Types) and By Distribution Channel (Home Centers, Flagship Stores, Specialty Stores, Online, Other Distribution Channels). Get five years of historical data alongside five-year market forecasts.

In Saudi Arabia System on Module (SoM) Market, offering valuable insights, key market trends, competitive landscape, and future outlook to support strategic decision.

Saudi Arabia OTR Vehicle Market was valued at USD 6.55 Billion in 2024 and is expected to reach USD 9.20 Billion by 2030 with a CAGR of 5.8%

The size of the Saudi Arabia E-Commerce Market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 15.01% during the forecast period. The e-commerce market in Saudi Arabia is experiencing rapid growth, driven by increased internet penetration, a youthful population, and rising mobile device usage. As one of the largest economies in the Middle East, Saudi Arabia has a robust consumer base that’s transitioning from traditional shopping to online retail. The Vision 2030 initiative, aimed at diversifying the economy beyond oil, strongly supports the expansion of digital and e-commerce sectors. This initiative encourages foreign investments and develops infrastructure for e-commerce businesses, including improved logistics and payment systems, making the environment favorable for both local and international players. Recent developments include: February 2023: The online fashion retailer Namshi, which operated primarily in Saudi Arabia, was acquired by the e-commerce company Noon for a total cash consideration of USD 335.2 million, and this addition of more fashion and lifestyle brands to Noon's digital offering of goods and services in the country, December 2022: Sideup, an e-commerce platform developer, received USD 1.2 million in funding from local and international investors. The business was to use its investment funds to expand its operations in Saudi Arabia and shift its headquarters to Riyadh as part of its plans for Saudi Arabia.. Key drivers for this market are: Increase in Internet Penetration and Smartphone Usage, Promotion of E-commerce by the Government Sector, including Measures to Strengthen Last-Mile Delivery and Improvise Distribution Centers. Potential restraints include: Privacy and security concerns. Notable trends are: Fashion and Apparel Segment is Expected to Grow Exponentially.

Saudi Arabian Oil Company Aramco, Stocks

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Dataset Description

Welcome to the Enhanced Saudi Arabian Oil Company (Aramco) Stock Dataset! This dataset has been meticulously prepared from Yahoo Finance and further enriched with several engineered features to elevate your data analysis, machine learning, and financial forecasting projects. It captures the daily trading figures of Aramco stocks, presented in Saudi Riyal (SAR), providing a robust foundation for comprehensive market analysis.

Columns in the Dataset

• Date: The trading day for the data recorded (ISO 8601 format).
• Open: The price at which the stock first traded upon the opening of an exchange on a given trading day.
• High: The highest price at which the stock traded during the trading day.
• Low: The lowest price at which the stock traded during the trading day.
• Close: The price at which the stock last traded upon the close of an exchange on a given trading day.
• Volume: The total number of shares traded during the trading day.
• Dividends: The dividend value paid out per share on the trading day.
• Stock Splits: The number of stock splits occurring on the trading day.
• Lag Features (Lag_Close, Lag_High, Lag_Low): Previous day's closing, highest, and lowest prices.
• Rolling Window Statistics (e.g., Rolling_Mean_7, Rolling_Std_7): 7-day and 30-day moving averages and standard deviations of the Close price.
• Technical Indicators (RSI, MACD, Bollinger Bands): Key metrics used in trading to analyze short-term price movements.
• Change Features (Change_Close, Change_Volume): Day-over-day changes in Close price and trading volume.
• Date-Time Features (Weekday, Month, Year, Quarter): Extracted components of the trading day.
• Volume_Normalized: The standardized trading volume using z-score normalization to adjust for scale differences.

Potential Uses

This dataset is tailored for a wide array of applications:

• Financial Analysis: Explore historical performance, volatility, and market trends.
• Forecasting Models: Utilize features like lagged prices and rolling statistics to predict future stock prices.
• Machine Learning: Develop regression models or classification frameworks to predict market movements.
• Deep Learning: Leverage LSTM networks for more sophisticated time-series forecasting.
• Time-Series Analysis: Dive deep into trend analysis, seasonality, and cyclical behavior of stock prices.

Whether you are a data scientist, a financial analyst, or a hobbyist interested in the stock market, this dataset provides a rich playground for analysis and model building. Its comprehensive feature set allows for the development of robust predictive models and offers unique insights into one of the world’s most significant oil companies. Unlock the potential of financial data with this carefully crafted dataset.

Saudi Arabia's Third-Party Logistics (3PL) market is anticipated to exhibit a robust CAGR of 6.38%, reaching a substantial market size of 17.40 million by 2033. The market's growth is primarily driven by the burgeoning e-commerce sector, rising industrial output, and increasing demand for efficient supply chain management solutions. This market is expected to witness significant growth opportunities in the coming years as businesses seek to outsource their logistics operations to optimize efficiency and reduce costs. Key market trends include the increasing adoption of advanced technologies such as artificial intelligence (AI), blockchain, and IoT for enhanced supply chain visibility and optimization. Additionally, the growing focus on sustainability is driving the adoption of eco-friendly logistics solutions. The market is highly competitive, with established players like BAFCO International, Camels Party Logistics, and Motion Supply Chain, along with numerous other local and regional providers. These companies are focusing on expanding their service offerings, investing in technology, and forming strategic partnerships to cater to the evolving needs of the industry. Recent developments include: December 2023: Omniful, a company that offers an order management system to third-party logistics, raised USD 5.85 million in seed funding led by VentureSouq. It will use the funds to improve its platform, which is called plug-and-play. Omniful's cloud platform, known for its flexibility and configurable features, can be configured to suit your needs. Its API-first strategy facilitates smooth integration with various global and local e-commerce platforms, marketplaces, ERP systems, POS systems, and shipping tech stacks., March 2023: One of the leading players, DHL, signed an end-to-end procurement and logistics hub joint venture with Saudi giant Saudi Aramco. This joint undertaking aims to enter operations in 2025 and provide a wide range of integrated supply chain and procurement services for companies from all sectors, including industry, energy, chemicals, and petrochemicals. The joint venture will focus on Saudi Arabia to grow across the Middle East and North Africa., May 2023: Aramex, one of the leading 3PL players in the region, signed a strategic partnership with AD Ports Group, the leading facilitator of global trade and logistics, to operate and develop a new non-vessel operating common carrier (NVOCC) enterprise. In the joint venture, Aramex has a stake of 49% and will further enhance and develop shipping connectivity across the GCC, Indian, and East and West African markets with a target of 10,000 containers in the short term and intends to increase the number of containers in the medium- to long-term.. Key drivers for this market are: Increasing Cross-Border Trade, Development of Transportation Infrastructure in the Country; Establishment of Special Economic Zones. Potential restraints include: High Cost of 3PL Services, Skilled Labor Shortages. Notable trends are: Growth in E-commerce Boosting the Demand for 3PL Services.

In Saudi Arabia Solid State Drive Market, offering valuable insights, key market trends, competitive landscape, and future outlook to support strategic decision.

Explore the growth of Saudi Arabia Urban Air Mobility market with insights on size, share, and trends shaping the industry by 2030.

Saudi Arabia Food Service Market size was valued at around USD29 billion in 2024 and is projected to reach USD50 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.5% during the forecast period 2025-2030.

Saudi Arabia e-commerce industry is expected to grow at a CAGR of 19.5% during the forecast period driven by the increased smartphone usage along with the high internet penetration in KSA.

The size of the Saudi Arabia Data Center market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 21.06% during the forecast period.A data center is any facility designed to house a collection of computer systems and related components such as telecommunication and storage systems. It acts as the backbone of digital infrastructure for businesses and organizations to store, process, and transmit data. Data centers are crucial for a wide range of applications including big data analytics, cloud computing, e-commerce, and online gaming.Saudi Arabia's data center market will exhibit a highly significant pace of growth during the next few years, driven by initiatives toward the country's digital transformation, growing demand for data storage and processing facilities, and increasing focus on economic diversification by the government. The trend of digital services like e-government and fintech and increasing cloud adoption with a need for secure and reliable data centers support this growth.The growth of the market will be steady with additional investment by Saudi Arabia in the digital infrastructure. The strategic location of the country and its strong telecommunication network would keep the operators interested in the country. Recent developments include: April 2022: Saudi Telecom Company (STC) to deliver 16 facilities with 17,000 storing units serving eight parallel sites across six cities. The maximum capacity is expected to reach 125MW. The project will be completed in three phases: in phase 1: three data centres in Riyadh, Jeddah and Medina; four in the second phase; and the remaining nine in the third phase.February 2022: Saudi Telecom Company (STC) to separate its data center business into a new wholly-owned subsidiary.November 2018: Detecon Al Saudia DETASAD Co. Ltd. Awarded and signed a contract to manage and operate SEC (Saudi Electricity Company) Data Centers in 4 cities (Riyadh, Dammam, Jeddah, Abha) for 4 years.. Key drivers for this market are: Rise of E-Commerce, Flourishing Startup Culture. Potential restraints include: Slow Penetration Rate in Developing Countries. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The size of the Saudi Arabia Food & Beverage Market market was valued at USD 23.48 Million in 2023 and is projected to reach USD 29.75 Million by 2032, with an expected CAGR of 3.44% during the forecast period. The Saudi Arabia food and beverage market is experiencing robust growth, driven by the country's economic diversification efforts and increasing consumer demand for diverse food products. Major players like Almarai, Savola Group, and National Food Industries are leading the market with extensive product portfolios and strong distribution networks. The rising health consciousness among consumers and the trend towards organic and clean-label products further boost the market. The increasing urbanization and higher disposable incomes contribute to the growing demand for convenient and ready-to-eat food products. Despite challenges such as fluctuating raw material prices and stringent regulations, the market's positive outlook is supported by technological advancements in food processing and packaging. This trajectory underscores the indispensable role of the food and beverage sector in Saudi Arabia's economy and its potential for continued market expansion. Recent developments include: February 2023: Saudi Arabian dairy company Almarai acquired full ownership of International Dairy and Juice Limited by purchasing the remaining share of its joint venture with PepsiCo for SAR 255 million (USD 68 million)., March 2022: Arla Foods, the dairy company behind brands like Puck, Lurpak, The Three Cows, Starbucks ready-to-drink, and Kraft in Saudi Arabia, expanded its local production capacity, leading to a 40% increase in local production throughout the Kingdom., March 2022: Rabwi Al Rawabi signed a lease agreement with Kizad, part of AD Ports Group, to establish a production unit worth AED 650 million (USD 177 million) in Abu Dhabi. This initiative, featuring a dairy farm with 10,000 cows, aims to meet rising consumer demand and enhance Al Rawabi's export endeavors across the broader Gulf Cooperation Council (GCC) region.. Key drivers for this market are: Rising Demand for Clean Label Food & Beverage Products, Rising Demand for Dairy Products. Potential restraints include: Presence of Preservatives in Ready Meals may Hamper the Market Growth. Notable trends are: Rising Expenditure on Organic and Clean Label Products.

The Saudi Arabia fintech market size reached approximately USD 39.91 Billion in 2024. The market is assessed to grow at a CAGR of 13.70% between 2025 and 2034 to attain a value of around USD 144.11 Billion by 2034.

The Saudi Arabia Machine Learning Market is estimated to grow at a CAGR of around 11.5% during the forecast period 2023-28. Google Inc., Intel Corporation, CISCO Systems, and Baidu are leading companies.