Saudi Arabia Internet of Things Market Overview
Market Size in 2024: USD 9,490.7 Million
Market Size in 2033: USD 28,284.2 Million
Market Growth Rate 2025-2033: 12.90%
According to IMARC Group's latest research publication, "Saudi Arabia Internet of Things Market Size, Share, Trends and Forecast by Component, Application, Vertical, and Region, 2025-2033", The Saudi Arabia internet of things market size reached USD 9,490.7 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 28,284.2 Million by 2033, exhibiting a growth rate (CAGR) of 12.90% during 2025-2033.
How AI is Reshaping the Future of Saudi Arabia Internet of Things Market
- AI-powered industrial IoT solutions lower downtime and boost productivity, with edge AI technology driving a 25% improvement in manufacturing efficiency at key sites.
- Saudi Arabia’s $14.9billion AI investment fuels smart city projects like NEOM, empowering autonomous mobility, predictive energy management, and real-time service optimization.
- Up to 50% of Saudi deep tech startups are developing AI and IoT platforms, indicating a vibrant ecosystem of innovation and global collaboration.
- Government efforts have trained more than 45,000 professionals in data and AI, helping organizations quickly adopt intelligent IoT systems for smarter operations.
- Qualcomm and Aramco Digital’s partnership brings AI model deployment directly to connected edge devices, unlocking advanced asset monitoring and predictive maintenance across local industries.
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Saudi Arabia Internet of Things Market Trends & Drivers:
One of the most powerful drivers for Saudi Arabia’s Internet of Things market is the rapid expansion of high-speed connectivity and advanced 5G infrastructure, which boosts IoT potential everywhere from smart cities to industrial facilities. Just recently, a 200% increase in rural 5G speeds was achieved thanks to innovations like stc Group and Huawei’s SuperLink rollout. Industry players now rely on fast, reliable networks to deploy sensors, automate operations, and unlock real-time decision-making at scale. With millions of IoT-enabled devices already in use, the groundwork is set for more sophisticated applications in areas like healthcare, logistics, and energy management.
Government-backed “giga projects”—such as NEOM, Qiddiya, and The Red Sea Project—are reshaping how IoT is implemented in Saudi Arabia. These massive developments are not just about futuristic cities; they’re packed with IoT-powered solutions like smart traffic, intelligent lighting, fleet management, and workforce safety. For example, a single construction site deployed IoT systems to monitor 36,000 workers across 3,500sqkm. The Ministry of Interior’s mandate for smart CCTV in all commercial buildings and fleet management in heavy vehicles further accelerates IoT adoption, making the technology a baseline requirement for compliance and modern urban development.
Saudi Arabia’s IoT revolution is also fueled by a homegrown surge in entrepreneurship and local innovation. The latest tech ecosystem initiatives, including accelerator programs and the Design in Saudi Arabia (DISA) project—led by global and national giants like Qualcomm and Aramco—give local startups access to advanced labs, technical expertise, and new funding streams. With nearly half of new Saudi “deep tech” startups specializing in IoT and AI, and close to $1billion in startup funding announced for these sectors, fresh solutions are continually emerging for everything from precision agriculture to remote asset tracking. This climate of innovation ensures the country keeps pace with rapidly evolving digital needs and solidifies its leadership role in the region’s IoT landscape.
Saudi Arabia Internet of Things Industry Segmentation:
The report has segmented the market into the following categories:
Component Insights:
- Hardware
- Software
- Services
- Connectivity
Application Insights:
- Smart Home
- Smart Wearables
- Smart Cities
- Smart Grid
- IoT Industrial Internet
- IoT Connected Cars
- IoT Connected Healthcare
- Others
Vertical Insights:
- Healthcare
- Energy
- Public and Services
- Transportation
- Retail
- Individuals
- Others
Regional Insights:
- Northern and Central Region
- Western Region
- Eastern Region
- Southern Region
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Recent News and Developments in Saudi Arabia Internet of Things Market
- August 2025: Saudi Arabia is set to host the Global IoT Congress in Riyadh, gathering over 200 exhibitors and 5,000 attendees to showcase the region’s latest smart technologies and drive digital transformation across industries.
- July 2025: The country’s IoT development scene sees dynamic growth as 50% of deep tech startups specialize in AI and IoT, propelled by $987million in dedicated technology investments and accelerator programs.
- May 2025: Qualcomm partners with Aramco Digital to commercialize advanced edge AI and industrial IoT solutions, aiming for smarter, safer, and more efficient operations across Saudi industrial sectors.
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