Saudi Arabia Cloud Services Market Share

Market Share of Saudi Arabia Cloud Services Industry

The Saudi Arabia Cloud Services Market is highly competitive amd fragemnted gowing to the presence of numerous large firms such as Google, AWS, Microsoft, Oracle, and CloudSigma. Moreover, product innovations, significant R&D spending, partnerships, and acquisitions are the key strategic activities to have a competitive edge over others.

• In November 2023, Amazon Web Services, Inc and NVIDIA has announced an expansion of their strategic collaboration to deliver the most-advanced infrastructure, software and generative artificial intelligence (AI) innovations. The expanded collaboration builds on a relationship that has fueled the generative AI era by providing early machine learningML pioneers with the compute power needed to advance the state of the art of these technologies.
• In Januray 2023, Microsoft Corp. has announced it will add OpenAI’s viral artificial intelligence both to its cloud-based Azure service and ChatGPT , As Microsoft contemplates taking a much larger stake in OpenAI, it is building on the existing relationship between these two companies.

Saudi Arabia Cloud Services Market Leaders

1. Google LLC (Alphabet Inc.)

2. Amazon Web Services Inc. (Amazon.com, Inc.)

3. Alibaba Cloud (Alibaba Group Holding Limited)

4. Microsoft Corporation

5. Oracle Corporation

*Disclaimer: Major Players sorted in no particular order