Investor Presentation 2022
B2B IT Market
Investor Presentation 2022 | stc group
KSA B2B IT Services Market by Category Size (SAR Bn)
The B2B ICT market in the Kingdom is expected to grow at a CAGR of 6.7% for the period from 2018G - 2025G to reach SAR 53.1 billion. The IT services sector is
expected to be the main driver of market growth with an expected CAGR of 10.0%, while the B2B Voice and Data sector is expected to grow by 1.4% per annum
over the same period. It is expected that IT services will represent an increasing portion of the total ICT services market in the Kingdom in the future.
()
Total
10%
37.7
35%
Managed
Networks
Cyber
Security
Equipment
Services
Data Center
& Cloud
Application
Services
IoT & Digital
System
Integration
19.8
21%
7%
8%
6%
20%
9%
19%
4%
8%
49%
13.1
9.7
6.9
7.8
1.1
1.8
2.3
2.7
1.9
1.3
1.8
28
0.9
1.7
Hardware deployment &
Support
Hosted infrastructure
• Data center managed
services
• Office network/endpoint
service
• Other managed services
Managed Wi-Fi
• Managed area network
Managed router
• Project based
cybersecurity
Managed security
Managed disaster
recovery
• Managed endpoint
services
Source: Market data of the IDC from 2018G
% 2018-2025 CAGR
• Co-location
• Private cloud
• Public cloud
2018
3.1
2.3
1.7
• Custom application
development
• Software support &
deployment
2025F
Data Centers
Al
Big data & analytics
⚫ loT
• IT training
• IT consulting
⚫Network integration
Application integration
Infrastructure
integration
18%
12%
9%
10%
7%
9%
6%
7%
5%
6%
2018 2025F
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