Launch enterprise software development in Saudi Arabia
Sector
Information and Communication Technology
Download Opportunity
Investment Highlights
- Opportunity to consider different models
- FDI with 100% ownership or JV with local player(s)
- 2022-2033 cumulative market to be captured by local players can reach up to SAR 35.0 Bn
- To capture such market, local players will need to invest cumulatively SAR 1.5 Bn in CapEx and spend cumulatively SAR 29.7 Bn in OpEx
- EBITDA of ~ 15.2% is expected by 2033
- Project IRR of 27% is expected