TECH SUPPLIER Jun 2019 - Market Forecast - Doc # META45106819
Saudi Arabia Internet of Things Market Forecast and Analysis 2018–2022
This IDC Market Forecast is based on the May 2019 edition of IDC's Worldwide Semiannual Internet of Things Spending Guide. It focuses on Saudi Arabia's IoT market size and projected IoT spending by technology, industry, and use case through 2023. The report sheds light on key market drivers and inhibitors and offers guidance to technology providers.
"The need to showcase swift ROI on smart initiatives, and the government's focus on giga-projects like Neom Bay, Qiddiyah entertainment city, Waad Al Shamaal City, King Salman Energy Park, and the Integrated Logistics Bonded Zone at King Khalid International Airport, are driving the adoption of off-the-shelf solutions. Smart parking, lighting, signage, and cleaning systems are scoring quick wins and improving urban life. LPWAN and 5G deployments are adding traction to traffic control and crowd management use cases in the holy cities of Mecca and Medina." — Jawad Khalil, Program Manager, Telecom and IoT, IDC Saudi Arabia
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