Explore current business landscape and opportunities for growth in Saudi Arabia.
Saudi Arabia is making significant progress in the global digital landscape, with a people-centric approach to digital transformation
The country is embracing technology and the digital economy, with strategic funding and agile regulation to accelerate investment in the digital economy. Also, Saudi Arabia is undergoing a digital transformation, with several new technologies and unprecedented interaction on social media platforms.
Saudi Arabia Vision 2030
Saudi Arabia digital sector
The country is poised to lead the MENA region in the digital economy, with further projected investments of $24.7 billion set for various technologies by 2025
Saudi Arabia is experiencing several new trends in the digital sector. Here are some of the latest trends in digital in Saudi Arabia:
- Digital transformation: Saudi Arabia is undergoing a digital transformation, with several new technologies and unprecedented interaction on social media platforms.
- Intelligent search: Intelligent search is one of the top trends of digital transformation in Saudi Arabia in 2022, according to a report by Alareeb ICT.
- Digital adoption: Consumers in Saudi Arabia are using digital channels to interact with an average of approximately 4.5 industries, according to a report by McKinsey & Company.
- Spending habits: Saudis are preferring to spend wisely rather than freely, with conversations related to offers, competitions, and discounts growing by over 49 percent year-on-year, according to a recent Twitter report.
- Cryptocurrencies: Saudis are keen on being more involved in the digital economy, particularly cryptocurrencies, with conversations around these seeing a 595 percent year-on-year increase, according to the same Twitter report.
Finally, Saudi Arabia is also an important contributor when it comes to sharing lessons learned on establishing a resilient and inclusive digital economy, Seha Virtual The country’s digital government services, such as Seha Virtual, offer ease of use across agencies, with a focus on putting such services on mobile devices first
In Conclusion,
Therefore if you want to Discover Saudi Market and start your Business you have to get the Business Visa.
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