Saudi Arabia Big Data And AI Market Size 2025-2029
The Saudi Arabia big data and ai market size is forecast to increase by USD 13.0 billion at a CAGR of 32.5% between 2024 and 2029.
The big data and AI market in Saudi Arabia is shaped by a comprehensive national strategy that positions technology as a core pillar of economic diversification. This top-down directive serves as a primary impetus, compelling both public and private entities to align with a national vision for innovation. It catalyzes strategic investments in the big data infrastructure market and the establishment of specialized governing bodies to create a regulatory environment conducive to technological adoption. A defining trend emerging from this strategic focus is the development of sovereign AI capabilities and Arabic-centric language models. This push for digital autonomy aims to create a self-sufficient and culturally resonant AI ecosystem. The development of proprietary large language models and supporting infrastructure is viewed as a strategic imperative to shape the future of AI within the area's own context, impacting everything from ai in economic analytics to the artificial intelligence platforms market.An acute and persistent shortage of specialized human capital represents a significant impediment to the national agenda. The rapid scale of digital transformation creates an immense demand for professionals with advanced expertise in machine learning, data science, and AI ethics, a requirement that far outstrips the current domestic supply. This skills gap introduces a considerable constraint on the ambitious timelines for large-scale projects and widespread digital transformation across sectors, creating a concentrated demand for globally scarce talent. Although initiatives are in place to cultivate a homegrown talent pipeline through extensive training programs, developing a deep and self-sustaining pool of experts is a long-term endeavor. Without sufficient practitioners for effective ai data management, the risk of underutilizing the vast technological infrastructure being deployed remains a key consideration.
What will be the size of the Saudi Arabia Big Data And AI 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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How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.
- Component
- End-user
- IT and telecom
- BFSI
- Public and government institutions
- Retail
- Others
- Technology
- Machine learning
- Deep learning
- Natural language processing
- Predictive analytics
- Deployment
- Geography
By Component Insights
The software segment is estimated to witness significant growth during the forecast period.
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The Software segment was valued at USD 701.10 million in 2019 and showed a gradual increase during the forecast period.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The Global Big Data and AI market in Saudi Arabia is on a significant growth trajectory, driven by the Kingdom's ambitious Vision 2030 which prioritizes economic diversification and the development of a robust digital economy. This strategic imperative has catalyzed substantial investment in advanced technologies across both public and private sectors. Government-led initiatives, such as the Saudi Data and AI Authority (SDAIA), are establishing a world-class regulatory framework and infrastructure to foster innovation. Industries like finance, healthcare, and energy are rapidly adopting Big Data analytics and AI solutions to enhance operational efficiency and improve customer experiences. The proliferation of IoT devices and widespread digital transformation efforts are generating unprecedented volumes of data, creating a fertile ground for AI applications to deliver actionable insights.The competitive landscape is dynamic, featuring a mix of major international technology vendors, specialized solution providers, and a growing ecosystem of local startups. Opportunities abound for system integrators and Original Equipment Manufacturers (OEMS) that can offer tailored solutions addressing specific industry needs. The increasing demand for AI-powered platforms in areas such as predictive maintenance, cybersecurity, and personalized services highlights the market's sophistication. However, addressing the talent gap by upskilling the local workforce remains a critical success factor. Looking forward, the convergence of AI with technologies like 5G and cloud computing will further accelerate market expansion, positioning Saudi Arabia as a leading regional hub for data-driven innovation.
What are the key market drivers leading to the rise in the adoption of Saudi Arabia Big Data And AI Industry?
What are the market trends shaping the Saudi Arabia Big Data And AI Industry?
What challenges does the Saudi Arabia Big Data And AI Industry face during its growth?
Exclusive Customer Landscape
The Saudi Arabia big data and ai market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the Saudi Arabia big data and ai market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, Saudi Arabia big data and ai market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Advanced Micro Devices Inc. -
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Advanced Micro Devices Inc.
- Amazon Web Services Inc.
- Digital Energy Inc.
- Google LLC
- Huawei Technologies Co. Ltd.
- Intel Corp.
- International Business Machines Corp.
- IQVIA Holdings Inc.
- Microsoft Corp.
- NEC Corp.
- NVIDIA Corp.
- Omdena Inc.
- Oracle Corp.
- QlikTech International AB
- SAP SE
- SAS Institute Inc.
- Saudi Arabian Oil Co.
- Teradata Corp.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Saudi Arabia Big Data And Ai Market
Research Analyst Overview
The big data and AI market in Saudi Arabia is undergoing significant transformation, driven by national strategic initiatives focused on economic diversification. This evolution is characterized by the increasing adoption of advanced data analytics and machine learning capabilities across both the public and private sectors. Enterprises are actively re-evaluating their operational models to integrate AI, leading to shifts in how data is collected, processed, and utilized for decision-making. The ongoing development of digital infrastructure, including advancements in cloud computing and 5G connectivity, is a foundational element supporting this transition. This dynamic environment is creating new pathways for innovation and process optimization within various industries.Across different sectors, the application of big data technologies is adapting to meet specific industry requirements, moving from foundational data storage to more sophisticated predictive analysis. This progression reflects a maturing market where organizations are leveraging AI to enhance service delivery and streamline operations. The integration between AI platforms and existing enterprise systems is becoming a critical area of focus, requiring continuous adaptation of both technology stacks and workforce skills. Market expansion is anticipated to continue, with projections indicating a potential increase of over 25% in market value as more entities commit to large-scale digital transformation projects.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Saudi Arabia Big Data And AI Market insights. See full methodology.
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Market Scope
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Report Coverage
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Details
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Page number
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233
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Base year
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2024
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Historic period
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2019 - 2023 |
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Forecast period
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2025-2029
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Growth momentum & CAGR
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Accelerating at a CAGR of 32.5%
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Market growth 2024-2029
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USD 13.0 billion
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Market structure
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Fragmented
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YoY growth 2024-2029(%)
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27.3%
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Key countries
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Saudi Arabia
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Competitive landscape
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Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
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What are the Key Data Covered in this Saudi Arabia Big Data And AI Market Research and Growth Report?
- CAGR of the Saudi Arabia Big Data And AI industry during the forecast period
- Detailed information on factors that will drive the growth and forecasting between 2024 and 2029
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across Middle East and Africa
- Thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the Saudi Arabia big data and ai market growth of industry companies
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1 Executive Summary
- 1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Component
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Market Segmentation by Deployment
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3 Market Landscape
- 3.1 Market ecosystem
- Chart on Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Chart on Market characteristics analysis
- 3.3 Value chain analysis
- Chart on Value chain analysis
4 Market Sizing
- 4 Market Sizing
- 4.1 Market definition
- Data Table on Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
- Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
- Chart on Saudi Arabia: Year-over-year growth 2024-2029 (%)
- Data Table on Saudi Arabia: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5 Historic Market Size
- 5.1 Big Data And AI Market in Saudi Arabia 2019 - 2023
- Historic Market Size - Data Table on Big Data And AI Market in Saudi Arabia 2019 - 2023 ($ billion)
- 5.2 Component segment analysis 2019 - 2023
- Historic Market Size - Component Segment 2019 - 2023 ($ billion)
- 5.3 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ billion)
- 5.4 Technology segment analysis 2019 - 2023
- Historic Market Size - Technology Segment 2019 - 2023 ($ billion)
- 5.5 Deployment segment analysis 2019 - 2023
- Historic Market Size - Deployment Segment 2019 - 2023 ($ billion)
6 Five Forces Analysis
- 6 Five Forces Analysis
- 6.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 6.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 6.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 6.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 6.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 6.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 6.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
7 Market Segmentation by Component
- 7 Market Segmentation by Component
- 7.1 Market segments
- Chart on Component - Market share 2024-2029 (%)
- Data Table on Component - Market share 2024-2029 (%)
- 7.2 Comparison by Component
- Chart on Comparison by Component
- Data Table on Comparison by Component
- 7.3 Software - Market size and forecast 2024-2029
- Chart on Software - Market size and forecast 2024-2029 ($ billion)
- Data Table on Software - Market size and forecast 2024-2029 ($ billion)
- Chart on Software - Year-over-year growth 2024-2029 (%)
- Data Table on Software - Year-over-year growth 2024-2029 (%)
- 7.4 Hardware - Market size and forecast 2024-2029
- Chart on Hardware - Market size and forecast 2024-2029 ($ billion)
- Data Table on Hardware - Market size and forecast 2024-2029 ($ billion)
- Chart on Hardware - Year-over-year growth 2024-2029 (%)
- Data Table on Hardware - Year-over-year growth 2024-2029 (%)
- 7.5 Services - Market size and forecast 2024-2029
- Chart on Services - Market size and forecast 2024-2029 ($ billion)
- Data Table on Services - Market size and forecast 2024-2029 ($ billion)
- Chart on Services - Year-over-year growth 2024-2029 (%)
- Data Table on Services - Year-over-year growth 2024-2029 (%)
- 7.6 Market opportunity by Component
- Market opportunity by Component ($ billion)
- Data Table on Market opportunity by Component ($ billion)
8 Market Segmentation by End-user
- 8 Market Segmentation by End-user
- 8.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
- 8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 8.3 IT and telecom - Market size and forecast 2024-2029
- Chart on IT and telecom - Market size and forecast 2024-2029 ($ billion)
- Data Table on IT and telecom - Market size and forecast 2024-2029 ($ billion)
- Chart on IT and telecom - Year-over-year growth 2024-2029 (%)
- Data Table on IT and telecom - Year-over-year growth 2024-2029 (%)
- 8.4 BFSI - Market size and forecast 2024-2029
- Chart on BFSI - Market size and forecast 2024-2029 ($ billion)
- Data Table on BFSI - Market size and forecast 2024-2029 ($ billion)
- Chart on BFSI - Year-over-year growth 2024-2029 (%)
- Data Table on BFSI - Year-over-year growth 2024-2029 (%)
- 8.5 Public and government institutions - Market size and forecast 2024-2029
- Chart on Public and government institutions - Market size and forecast 2024-2029 ($ billion)
- Data Table on Public and government institutions - Market size and forecast 2024-2029 ($ billion)
- Chart on Public and government institutions - Year-over-year growth 2024-2029 (%)
- Data Table on Public and government institutions - Year-over-year growth 2024-2029 (%)
- 8.6 Retail - Market size and forecast 2024-2029
- Chart on Retail - Market size and forecast 2024-2029 ($ billion)
- Data Table on Retail - Market size and forecast 2024-2029 ($ billion)
- Chart on Retail - Year-over-year growth 2024-2029 (%)
- Data Table on Retail - Year-over-year growth 2024-2029 (%)
- 8.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ billion)
- Data Table on Others - Market size and forecast 2024-2029 ($ billion)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 8.8 Market opportunity by End-user
- Market opportunity by End-user ($ billion)
- Data Table on Market opportunity by End-user ($ billion)
9 Market Segmentation by Technology
- 9 Market Segmentation by Technology
- 9.1 Market segments
- Chart on Technology - Market share 2024-2029 (%)
- Data Table on Technology - Market share 2024-2029 (%)
- 9.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology
- 9.3 Machine learning - Market size and forecast 2024-2029
- Chart on Machine learning - Market size and forecast 2024-2029 ($ billion)
- Data Table on Machine learning - Market size and forecast 2024-2029 ($ billion)
- Chart on Machine learning - Year-over-year growth 2024-2029 (%)
- Data Table on Machine learning - Year-over-year growth 2024-2029 (%)
- 9.4 Deep learning - Market size and forecast 2024-2029
- Chart on Deep learning - Market size and forecast 2024-2029 ($ billion)
- Data Table on Deep learning - Market size and forecast 2024-2029 ($ billion)
- Chart on Deep learning - Year-over-year growth 2024-2029 (%)
- Data Table on Deep learning - Year-over-year growth 2024-2029 (%)
- 9.5 Natural language processing - Market size and forecast 2024-2029
- Chart on Natural language processing - Market size and forecast 2024-2029 ($ billion)
- Data Table on Natural language processing - Market size and forecast 2024-2029 ($ billion)
- Chart on Natural language processing - Year-over-year growth 2024-2029 (%)
- Data Table on Natural language processing - Year-over-year growth 2024-2029 (%)
- 9.6 Predictive analytics - Market size and forecast 2024-2029
- Chart on Predictive analytics - Market size and forecast 2024-2029 ($ billion)
- Data Table on Predictive analytics - Market size and forecast 2024-2029 ($ billion)
- Chart on Predictive analytics - Year-over-year growth 2024-2029 (%)
- Data Table on Predictive analytics - Year-over-year growth 2024-2029 (%)
- 9.7 Market opportunity by Technology
- Market opportunity by Technology ($ billion)
- Data Table on Market opportunity by Technology ($ billion)
10 Market Segmentation by Deployment
- 10 Market Segmentation by Deployment
- 10.1 Market segments
- Chart on Deployment - Market share 2024-2029 (%)
- Data Table on Deployment - Market share 2024-2029 (%)
- 10.2 Comparison by Deployment
- Chart on Comparison by Deployment
- Data Table on Comparison by Deployment
- 10.3 Cloud-based - Market size and forecast 2024-2029
- Chart on Cloud-based - Market size and forecast 2024-2029 ($ billion)
- Data Table on Cloud-based - Market size and forecast 2024-2029 ($ billion)
- Chart on Cloud-based - Year-over-year growth 2024-2029 (%)
- Data Table on Cloud-based - Year-over-year growth 2024-2029 (%)
- 10.4 On-premises - Market size and forecast 2024-2029
- Chart on On-premises - Market size and forecast 2024-2029 ($ billion)
- Data Table on On-premises - Market size and forecast 2024-2029 ($ billion)
- Chart on On-premises - Year-over-year growth 2024-2029 (%)
- Data Table on On-premises - Year-over-year growth 2024-2029 (%)
- 10.5 Market opportunity by Deployment
- Market opportunity by Deployment ($ billion)
- Data Table on Market opportunity by Deployment ($ billion)
11 Customer Landscape
- 11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity
- 12 Drivers, Challenges, and Opportunity
- 12.1 Market drivers
- Government initiatives and vision 2030 framework
- Widespread digital transformation across key economic sectors
- Massive investment in core technological infrastructure
- 12.2 Market challenges
- Acute shortage of specialized talent and persistent skills gap
- Navigating complex data governance, privacy, and security landscapes
- Scale and complexity of infrastructure development and system integration
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 12.4 Market opportunities
- Rise of sovereign AI and Arabic-centric models
- AI as foundational operating system for giga-projects
- Accelerated and specialized AI adoption across key economic sectors
13 Competitive Landscape
- 13 Competitive Landscape
- 13.1 Overview
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14 Competitive Analysis
- 14.1 Companies profiled
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 Advanced Micro Devices Inc.
- Advanced Micro Devices Inc. - Overview
- Advanced Micro Devices Inc. - Business segments
- Advanced Micro Devices Inc. - Key news
- Advanced Micro Devices Inc. - Key offerings
- Advanced Micro Devices Inc. - Segment focus
- SWOT
- 14.5 Amazon Web Services Inc.
- Amazon Web Services Inc. - Overview
- Amazon Web Services Inc. - Product / Service
- Amazon Web Services Inc. - Key news
- Amazon Web Services Inc. - Key offerings
- SWOT
- 14.6 Google LLC
- Google LLC - Overview
- Google LLC - Product / Service
- Google LLC - Key offerings
- SWOT
- 14.7 Huawei Technologies Co. Ltd.
- Huawei Technologies Co. Ltd. - Overview
- Huawei Technologies Co. Ltd. - Product / Service
- Huawei Technologies Co. Ltd. - Key news
- Huawei Technologies Co. Ltd. - Key offerings
- SWOT
- 14.8 Intel Corp.
- Intel Corp. - Overview
- Intel Corp. - Business segments
- Intel Corp. - Key news
- Intel Corp. - Key offerings
- Intel Corp. - Segment focus
- SWOT
- 14.9 International Business Machines Corp.
- International Business Machines Corp. - Overview
- International Business Machines Corp. - Business segments
- International Business Machines Corp. - Key news
- International Business Machines Corp. - Key offerings
- International Business Machines Corp. - Segment focus
- SWOT
- 14.10 IQVIA Holdings Inc.
- IQVIA Holdings Inc. - Overview
- IQVIA Holdings Inc. - Business segments
- IQVIA Holdings Inc. - Key offerings
- IQVIA Holdings Inc. - Segment focus
- SWOT
- 14.11 Microsoft Corp.
- Microsoft Corp. - Overview
- Microsoft Corp. - Business segments
- Microsoft Corp. - Key news
- Microsoft Corp. - Key offerings
- Microsoft Corp. - Segment focus
- SWOT
- 14.12 NEC Corp.
- NEC Corp. - Overview
- NEC Corp. - Business segments
- NEC Corp. - Key news
- NEC Corp. - Key offerings
- NEC Corp. - Segment focus
- SWOT
- 14.13 NVIDIA Corp.
- NVIDIA Corp. - Overview
- NVIDIA Corp. - Business segments
- NVIDIA Corp. - Key news
- NVIDIA Corp. - Key offerings
- NVIDIA Corp. - Segment focus
- SWOT
- 14.14 Oracle Corp.
- Oracle Corp. - Overview
- Oracle Corp. - Business segments
- Oracle Corp. - Key news
- Oracle Corp. - Key offerings
- Oracle Corp. - Segment focus
- SWOT
- 14.15 SAP SE
- SAP SE - Overview
- SAP SE - Business segments
- SAP SE - Key news
- SAP SE - Key offerings
- SAP SE - Segment focus
- SWOT
- 14.16 SAS Institute Inc.
- SAS Institute Inc. - Overview
- SAS Institute Inc. - Product / Service
- SAS Institute Inc. - Key news
- SAS Institute Inc. - Key offerings
- SWOT
- 14.17 Saudi Arabian Oil Co.
- Saudi Arabian Oil Co. - Overview
- Saudi Arabian Oil Co. - Product / Service
- Saudi Arabian Oil Co. - Key offerings
- SWOT
- 14.18 Teradata Corp.
- Teradata Corp. - Overview
- Teradata Corp. - Business segments
- Teradata Corp. - Key news
- Teradata Corp. - Key offerings
- Teradata Corp. - Segment focus
- SWOT
15 Appendix
- 15 Appendix
- 15.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.5 Data procurement
- 15.6 Data validation
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.8 Data synthesis
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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