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Showing posts from November, 2024

Saudi Arabia's Geospatial Market: Growth, Insights, and Key Trends for 2030

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The Saudi Arabian geospatial analytics market is poised to generate USD 414.8 million in 2024, with an anticipated CAGR of 9.5% from 2024 to 2030, potentially reaching USD 714.8 million by the end of the forecast period. This growth is largely attributed to the technology's application in visualizing and analyzing locations, movements, and patterns, which has become essential for developing smart cities and guiding infrastructure investment decisions. Geospatial analytics also benefits consumer services by aiding logistics companies in delivering goods precisely and efficiently. In transportation, the technology assists with understanding traffic flows and barriers, helping to improve traffic management. Saudi Arabia's strategic focus on infrastructure development further bolsters the market. Government initiatives like the MOMRA Smart City Program and Saudi Geological Survey (SGS) demonstrate a commitment to leveraging geospatial technologies to optimize resource utilization.

Saudi Vision 2030 Spurs Growth in Data Center Networking Industry

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In 2024, Saudi Arabia's data center networking market is expected to be valued at approximately USD 401.1 million, with projections indicating it could reach USD 958.8 million by 2030 , growing at a CAGR of 15.6%. This growth is driven by the country’s rapid digitalization, increased adoption of cloud services, and strict data security regulations. To learn more about this report:  https://bit.ly/48AsgBe Saudi Arabia’s Vision 2030 initiative is a major force behind its digital transformation efforts, as the Kingdom aims to diversify and grow its economy. This national strategy is prompting organizations to adopt advanced technologies, including AI, data analytics, and machine learning across various sectors. With the expansion of digitalization, demand for sophisticated data center networking infrastructure has surged, as it is essential to deliver low-latency, high-speed data transfer, and seamless integration for digital applications and services. One prominent trend in the Saudi