Market Share of KSA Digital Transformation Industry
The KSA Digital Transformation market is highly fragmented. Key players in the studied market encompass Accenture, IBM Corporation, Microsoft Corporation, and Google LLC. Market players are bolstering their portfolios and pursuing sustainable competitive edges through strategic partnerships and inventive product offerings.
- February 2024: Solutions by STC, a key player in digital transformation in Saudi Arabia, unveiled an Open RAN agreement with Mavenir. Together, they were set to roll out Saudi Arabia's inaugural commercial Open RAN network. This announcement bolstered STC Group's strategic mission of bringing advanced technology to mobile customers in the Kingdom, which is in line with the Vision 2030 digital transformation agenda.
- February 2024: Saudi Arabia's Ministry of Media and Google unveiled a strategic partnership focused on bolstering the region's media sector's digital transformation. The partnership aligned with Minister of Media Salman Al-Dosary's declaration that 2024 marks a pivotal year for media transformation in Saudi Arabia. The collaboration aims to introduce specialized programs to boost the skills of local media professionals, journalists, and content creators, all while spearheading digital transformation in the media sector. It also aims to enhance digital literacy and strengthen media economies in line with the objectives of Saudi Vision 2030.
KSA Digital Transformation Market Leaders
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Accenture PLC
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Google LLC (Alphabet Inc.)
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IBM Corporation
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Microsoft Corporation
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Oracle Corporation
*Disclaimer: Major Players sorted in no particular order