Saudi Arabia’s big data and artificial intelligence (AI) sector is set for rapid growth, with the market valued at $4.1 million in 2024 and projected to reach $38.7 million by 2033, according to IMARC Group. This expansion reflects an anticipated compound annual growth rate of 26.2% from 2025 to 2033.
Key drivers include widespread adoption of AI-powered analytics across finance, healthcare, and retail, as organizations shift toward data-driven decision-making. The rise of cloud-based big data platforms is making large-scale data management more accessible, while smart city initiatives in Riyadh and Jeddah are leveraging AI for traffic control, energy management, and public safety. Enhanced cybersecurity measures, particularly those using AI to detect threats and protect privacy, are also gaining traction as digitalization accelerates.
The report highlights the market’s broad application, spanning business intelligence, healthcare diagnostics, government services, and customer analytics. Saudi Arabia’s youthful population and ongoing economic diversification efforts are fueling demand, as is the nation’s investment in technology infrastructure and innovation hubs. Both international tech firms and local startups are active in this space, supported by state-led research and talent development programs.
In summary, Saudi Arabia’s big data and AI market is positioned for sustained growth, driven by national priorities, technological innovation, and a shift toward a knowledge-based economy.
