Product Code: ETC034259 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia is a leading market for computer storage devices, with a high demand for hard drives and solid state drives (SSDs). The overall market was estimated to be worth around USD 991 million in 2025. It is forecasted to grow at a CAGR of over 7.1% during the period 2025-2031. The growth can mainly be attributed to rising digitalization across various sectors, such as banking, healthcare, education and government services. Increased adoption of cloud computing technology and increasing internet penetration are also expected to drive the growth of this sector in Saudi Arabia.
Rising digital transformation across different industries like banking, healthcare, education & government services has led to an increase in demand for data storage solutions like hard disks & SSDs due to their ability store huge amount of data securely. In addition, increased adoption of cloud computing technology & services along with growing internet penetration will further contribute towards boosting demand for storage devices in Saudi Arabia. Growing Businesses Requiring Data Storage Solutions: With increasing number businesses setting up operations in Saudi Arabia is another factor driving demand for storage solutions such as hard disk drives (HDD) or Solid State Drives (SSDs). This trend would help boost the revenue generated from sales of these products significantly over the next few years as well.
Although there have been significant advancements made when it comes down cost associated with computer storage devices but still they remain relatively expensive compared other gadgets available on market hence limiting their uptake by consumers who lack financial resources needed purchase them.
The COVID-19 pandemic has had wide reaching impacts on different markets worldwide; however its effect on the computer device industry has been limited so far due to continuing investments into technological infrastructure required support new emerging trends such remote working/learning environment that are becoming increasingly popular after lockdown restrictions started being lifted throughout year.
Some major players operating within Saudi Arabia computer device industry include Hew.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Computer Storage Devices Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Computer Storage Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Computer Storage Devices Market - Industry Life Cycle |
3.4 Saudi Arabia Computer Storage Devices Market - Porter's Five Forces |
3.5 Saudi Arabia Computer Storage Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Computer Storage Devices Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Saudi Arabia Computer Storage Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Computer Storage Devices Market Trends |
6 Saudi Arabia Computer Storage Devices Market, By Types |
6.1 Saudi Arabia Computer Storage Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Computer Storage Devices Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Computer Storage Devices Market Revenues & Volume, By Hard Disk Drives, 2021-2031F |
6.1.4 Saudi Arabia Computer Storage Devices Market Revenues & Volume, By Solid State Drives, 2021-2031F |
6.1.5 Saudi Arabia Computer Storage Devices Market Revenues & Volume, By Memory Cards, 2021-2031F |
6.1.6 Saudi Arabia Computer Storage Devices Market Revenues & Volume, By Floppy Disks, 2021-2031F |
6.1.7 Saudi Arabia Computer Storage Devices Market Revenues & Volume, By Optical Disk Drives, 2021-2031F |
6.1.8 Saudi Arabia Computer Storage Devices Market Revenues & Volume, By USB Flash Drives, 2021-2031F |
6.2 Saudi Arabia Computer Storage Devices Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Computer Storage Devices Market Revenues & Volume, By Government, 2021-2031F |
6.2.3 Saudi Arabia Computer Storage Devices Market Revenues & Volume, By Enterprise, 2021-2031F |
6.2.4 Saudi Arabia Computer Storage Devices Market Revenues & Volume, By Private, 2021-2031F |
6.2.5 Saudi Arabia Computer Storage Devices Market Revenues & Volume, By Other, 2021-2031F |
7 Saudi Arabia Computer Storage Devices Market Import-Export Trade Statistics |
7.1 Saudi Arabia Computer Storage Devices Market Export to Major Countries |
7.2 Saudi Arabia Computer Storage Devices Market Imports from Major Countries |
8 Saudi Arabia Computer Storage Devices Market Key Performance Indicators |
9 Saudi Arabia Computer Storage Devices Market - Opportunity Assessment |
9.1 Saudi Arabia Computer Storage Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Computer Storage Devices Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Saudi Arabia Computer Storage Devices Market - Competitive Landscape |
10.1 Saudi Arabia Computer Storage Devices Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Computer Storage Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |