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TechSci Research's report on the "Saudi Arabia Big Data Analytics Market - By Region, Competition Forecast & Opportunities, 2018–2028" projects robust growth for the market during the forecast period of 2024-2028.

The expansion of the Internet of Things infrastructure, the proliferation of enterprise networks, increasing data complexity, and advancements in data analytics solutions are identified as primary drivers for the Saudi Arabia Big Data Analytics Market. The market is poised to grow significantly as large volumes of data generated by distributed devices across industrial, commercial, and residential infrastructures contribute to the emergence of "big data."

Moreover, the movement towards distributed processing across computing device clusters, along with straightforward programming, is fueling the growth of the Saudi Arabian Big Data Analytics Market. The complexity of processes across various organizations and the evolving IT ecosystem are expected to drive substantial growth in big data analytics during the forecast period.

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In this report, Saudi Arabia Big Data Analytics Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Saudi Arabia Big Data Analytics Market, By Deployment Mode:

• On-Premises

• Cloud

• Hybrid

• Saudi Arabia Big Data Analytics Market, By Application:

• Risk & Fraud Analytics

• Enterprise Data Warehouse Optimization

• Internet of Things

• Customer Analytics

• Operational Analytics

• Security Intelligence

• Others

• Saudi Arabia Big Data Analytics Market, By Component:

• Solutions

• Services

• Saudi Arabia Big Data Analytics Market, By Organization Size:

• Large Enterprises

• SMEs

• Saudi Arabia Big Data Analytics Market, By Analytics Type:

• Descriptive Analytics

• Predictive Analytics

• Prescriptive Analytics

• Diagnostic Analytics

• Saudi Arabia Big Data Analytics Market, By End Use Industry:

• BFSI

• Healthcare

• Government

• IT & Telecom

• Manufacturing

• Retail

• Others

• Saudi Arabia Big Data Analytics Market, By Region:

• Central

• Western

• Eastern

• Rest of Saudi Arabia

Saudi Arabia is actively developing a big data ecosystem conducive to artificial intelligence (AI) through initiatives such as NEOM and other smart city projects. These efforts align with Saudi Vision 2030, aiming to transform cities into smart ones through modern technology and municipal data utilization. Additionally, partnerships with international organizations like the UN's International Telecommunication Union (ITU) further support the growth of the Saudi Arabia Big Data Analytics Market.

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On-premises deployment is expected to dominate the market due to its benefits such as greater flexibility in configuring IT infrastructure and enhanced data security. Large enterprises are anticipated to lead in adoption, driven by the increased usage of sophisticated analytics tools for managing vast databases and improving decision-making processes.

Major market players operating in the Saudi Arabia Big Data Analytics Market are:

• HData Systems

• Quant Data & Analytics

• Comprehensive Technology Company (CompTechCo)

• Oracle Corporation

• Midis Group

• SEIDOR

• Sadeem Knowledge

• Environmental Systems Research Institute, Inc.

• SAS Institute Inc.

• Teradata Corporation

• Microsoft Corporation

• IQVIA

• Amazon Web Services Inc.

• SAP SE

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According to Mr. Karan Chechi, Research Director with TechSci Research, Saudi Arabia is investing in cutting-edge technologies like big data analytics to achieve its 2030 national vision, particularly in sectors like education. This technology has the potential to enhance businesses' value realization and improve decision-making processes.

TechSci Research's report, "Saudi Arabia Big Data Analytics Market By Deployment Mode, By Application, By Component, By Organization Size, By Analytics Type, By End Use Industry, By Region, Competition Forecast & Opportunities, 2018-2028," offers comprehensive insights into the market's growth potential, assisting decision-makers in making informed investment decisions. Additionally, the report identifies emerging trends, drivers, challenges, and opportunities in the Saudi Arabia Big Data Analytics Market.

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