The technology landscape in Saudi Arabia is evolving rapidly, driven by the nation’s Vision 2030 initiative, which aims to diversify the economy and reduce dependence on oil revenues. As a result, the Kingdom is becoming a hub for IT and technology innovation, attracting global tech companies and fostering a vibrant startup ecosystem. This article explores the top five IT and technology trade shows in Saudi Arabia after July 2024, providing the latest market updates, insights into GDP and market growth, and details about the expected audience.
1. Saudi International Exhibition for Technology and Innovation (SIETI)
Date: September 15-17, 2024
Venue: Riyadh International Convention & Exhibition Center, Riyadh
SIETI is a premier event that showcases the latest advancements in technology and innovation. This trade show features a wide range of exhibitors, including global tech giants, local startups, and industry leaders. Attendees can expect to explore cutting-edge technologies such as artificial intelligence, blockchain, cybersecurity, and the Internet of Things (IoT).
Market Update: Saudi Arabia’s IT sector is projected to grow significantly, with an estimated market size of $35 billion by 2025. The government’s investments in smart city projects, digital transformation initiatives, and tech infrastructure are driving this growth.
GDP and Market Growth: The Kingdom’s GDP growth is expected to rebound strongly post-pandemic, with a projected growth rate of 4.5% in 2024. The technology sector is a major contributor to this growth, supported by favorable policies and investments in digital infrastructure.
Audience: SIETI attracts a diverse audience of over 20,000 professionals, including tech enthusiasts, industry experts, investors, and policymakers. The event offers unparalleled networking opportunities and insights into the future of technology in Saudi Arabia.
2. Middle East Cybersecurity Conference and Expo (MECSCE)
Date: October 10-12, 2024
Venue: Jeddah Center for Forums & Events, Jeddah
MECSCE is a must-attend event for cybersecurity professionals and organizations. The expo focuses on the latest trends and challenges in cybersecurity, featuring keynote speeches, panel discussions, and workshops by leading experts in the field.
Market Update: Cybersecurity has become a top priority for Saudi Arabia, with the government allocating significant resources to enhance the nation’s cyber defenses. The cybersecurity market in Saudi Arabia is expected to reach $3.48 billion by 2025.
GDP and Market Growth: Cybersecurity is critical to protecting the nation’s digital economy, which is a key pillar of Vision 2030. As the digital economy expands, the demand for robust cybersecurity solutions grows, contributing to overall economic growth.
Audience: MECSCE is expected to draw an audience of over 15,000 participants, including cybersecurity professionals, IT managers, government officials, and industry leaders. The event provides a platform for knowledge sharing and collaboration to address cybersecurity challenges.
3. Saudi Emerging Technologies Forum
Date: November 20-22, 2024
Venue: King Abdulaziz International Conference Center, Riyadh
The Saudi Emerging Technologies Forum is dedicated to exploring the latest developments in emerging technologies, including AI, blockchain, quantum computing, and robotics. The forum brings together thought leaders, innovators, and policymakers to discuss the transformative impact of these technologies.
Market Update: Saudi Arabia is investing heavily in emerging technologies to drive innovation and economic diversification. The Kingdom is home to several tech hubs and innovation centers that support startups and tech enterprises.
GDP and Market Growth: The adoption of emerging technologies is expected to contribute significantly to Saudi Arabia’s GDP, with a focus on creating high-value jobs and fostering a knowledge-based economy. The tech sector is anticipated to grow at an annual rate of 10% over the next five years.
Audience: The forum attracts a high-profile audience of over 18,000 attendees, including tech entrepreneurs, investors, researchers, and government officials. Participants can expect to gain insights into the latest technological advancements and their applications across various industries.
4. Saudi Smart Cities Summit
Date: December 5-7, 2024
Venue: Dhahran Expo, Dammam
The Saudi Smart Cities Summit focuses on the development of smart cities and urban innovation. The summit features presentations and exhibits on smart city technologies, including smart infrastructure, IoT, data analytics, and sustainable urban planning.
Market Update: Smart city initiatives are at the forefront of Saudi Arabia’s Vision 2030, with major projects like NEOM and the Red Sea Project showcasing the potential of smart city technologies. The smart cities market in Saudi Arabia is projected to reach $23.7 billion by 2025.
GDP and Market Growth: Smart city projects are driving economic growth by attracting foreign investments and creating new business opportunities. These projects are expected to contribute significantly to the GDP, fostering sustainable urban development and enhancing the quality of life for citizens.
Audience: The summit is expected to attract over 16,000 participants, including urban planners, architects, engineers, technology providers, and government representatives. The event provides a platform for collaboration and innovation in the smart cities domain.
5. Saudi IoT Conference and Exhibition
Date: January 15-17, 2025
Venue: Riyadh Exhibition Center, Riyadh
The Saudi IoT Conference and Exhibition is a key event for IoT professionals and enthusiasts. The exhibition showcases the latest IoT solutions and technologies, while the conference features expert speakers and panel discussions on the future of IoT.
Market Update: The IoT market in Saudi Arabia is experiencing rapid growth, driven by the increasing adoption of IoT solutions across various industries, including healthcare, manufacturing, and transportation. The market is expected to reach $13.6 billion by 2025.
GDP and Market Growth: IoT technologies are playing a crucial role in enhancing productivity and efficiency across sectors, contributing to economic growth. The government’s focus on digital transformation and smart infrastructure is supporting the expansion of the IoT market.
Audience: The Saudi IoT Conference and Exhibition attracts a diverse audience of over 12,000 attendees, including IoT developers, engineers, business leaders, and policymakers. The event offers opportunities for networking, knowledge sharing, and exploring the latest IoT innovations.
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