Growing demand for automation across industries is expected to drive the growth of Saudi Arabia operational technology market
According to TechSci report on, “Saudi Arabia Operational Technology Market By Component (Solutions v/s Services), By Solutions (Firewall, Antivirus/Antimalware, Risk & Compliance, Management, Identity & Access Management, Firewall, Intrusion Detection/Prevention System, DDOS Prevention, Encryption & Decryption, Data Loss Prevention, Others), By Services (Managed Services v/s Professional Services), By Security Type (Endpoint Security, Network Security, Cloud Security, Application Security & Others), By Deployment Mode (On-Premises v/s Cloud), By Region, Competition Forecast & Opportunities, 2026”,
Saudi Arabia operational technology market is expected to grow at a formidable rate on account of growing demand for industrial automation across various industries in Saudi Arabia especially across the oil & gas industry. Over the years the oil & gas industry has been observing several challenges on account of the fluctuating oil & gas prices and lesser demand. Additionally, there are a lot of environmental concerns associated with oil & gas industry. Using operational technology, the oil & gas companies can monitor the facilities remotely and gain knowledge about daily inventories and the equipment condition. Increasing number of oil & gas companies investing in improving control systems, software and analytics is expected to support the market growth through 2026.
The Saudi Arabia operational technology market is segmented by component, security type, deployment mode, region and company. Based on component, the market can be split into solutions and services. The solutions segment is further segmented into firewall, antivirus/antimalware, risk & compliance, management, identity & access management, firewall, intrusion detection/prevention system, DDOS prevention, encryption & decryption, data loss prevention and others. The identity & access management (IAM) segment dominated the market in 2020 on account of the growing importance of tracking activities or events or processes happening across an industry.
The major companies operating in Saudi Arabia operational technology market includes Palo Alto Networks, Inc, Cisco Systems, Inc, IBM Corporation, Fortinet, Inc, Checkpoint Software Technologies Ltd., McAfee Corporation, Technologies, FireEye Inc, Accenture, Inc., Trend Micro, Inc., CyberArk Software, Inc., Imperva, Inc., Proofpoint Inc., CrowdStrike, Inc., Sophos Group, plc., among others. Major companies operating in the market are following strategies such as mergers & acquisitions, new products & services launches, among others in order to stay competitive in the market and having an edge over the competitors.
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“Growing automation across industries and adoption of industry 4.O solutions is expected to increase the demand for operational technology across Saudi Arabia. Additionally, Saudi Arabia is emerging out as the major manufacturing hub across the Middle East region thereby increasing demand for various industrial automation solutions such as operational technology,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Operational Technology Market By Component (Solutions v/s Services), By Solutions (Firewall, Antivirus/Antimalware, Risk & Compliance, Management, Identity & Access Management, Firewall, Intrusion Detection/Prevention System, DDOS Prevention, Encryption & Decryption, Data Loss Prevention, Others), By Services (Managed Services v/s Professional Services), By Security Type (Endpoint Security, Network Security, Cloud Security, Application Security & Others), By Deployment Mode (On-Premises v/s Cloud), By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia operational technology market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia operational technology market.
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