Saudi Arabia IoT Security Market

Saudi Arabia IoT Security Market Overview:

The Saudi Arabia IoT security market size reached USD 58.7 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 388.23 Million by 2033, exhibiting a growth rate (CAGR) of 23.41% during 2025-2033. The rising assimilation of artificial intelligence (AI), which helps to automate responses and improve accuracy in identifying and managing risks, is fueling the market growth. Besides this, the increasing implementation of government regulations aimed at ensuring data privacy, network integrity, and protected communication among IoT devices is contributing to the expansion of the Saudi Arabia IoT security market share.

Saudi Arabia IoT Security Market Trends:

Growing integration of AI

The rising integration of AI is positively influencing the market. AI strengthens threat detection by analyzing large volumes of IoT data in real time, helping to identify unusual patterns and potential breaches quickly. It allows security systems to learn from previous incidents and adapt to new threats without human intervention. As IoT devices are growing in number across sectors like energy, healthcare, and transportation, AI helps automate responses and improve accuracy in identifying and managing risks. AI-oriented security also reduces the response time to attacks, limiting damage and maintaining network integrity. In critical infrastructure, AI enables predictive security, alerting organizations to possible vulnerabilities before they are exploited. With the increasing use of smart homes, connected vehicles, and industrial IoT systems, AI plays an important role in maintaining device and data protection. AI-based analytics also support compliance with evolving policies and aid organizations in meeting security standards. As cyber threats are becoming more advanced, AI is being employed to offer dynamic, scalable, and proactive security. This trend is not only driving the demand for AI-focused solutions but also promoting innovations in the IoT security market in the country. Apart from this, rising investments in AI are fueling the market growth. In February 2025, the LEAP 2025 conference, which took place at the Riyadh International Exhibition and Convention Centre in Malham, revealed USD14.9 Billion in new AI investments. The funding aimed to broaden Saudi Arabia’s economy past oil to foster innovations, generate jobs, and promote a knowledge-driven economy.

Rising execution of government regulations

Increasing implementation of government regulations is impelling the Saudi Arabia IoT security market growth. As the country is accelerating digital transformation across industries, the government is introducing stringent guidelines to ensure data privacy, network integrity, and secure communication among IoT devices. In August 2024, the Communications, Space and Technology Commission (CST) revised the ‘IoT Regulatory Framework’ document and renamed it to ‘IoT Regulations’ to encourage investments and innovations in IoT, improve the quality and efficiency of services, enhance user experience, and reinforce the regulatory framework in Saudi Arabia. These regulations are enabling businesses and organizations to adopt advanced protection solutions, driving the demand for IoT security services. Government initiatives under Vision 2030 are encouraging smart city projects, digital infrastructure, and connected services, which require robust security frameworks. Mandatory compliance with these regulations is leading to increased spending on security software, hardware, and consulting. Policies are also promoting the development of local cybersecurity talent and solutions, reducing dependency on foreign technology.

Saudi Arabia IoT Security Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on component, security type, and vertical.

Component Insights:

• Solutions
• Services

The report has provided a detailed breakup and analysis of the market based on the component. This includes solutions and services.

Security Type Insights:

• Network Security
• Endpoint Security
• Application Security
• Cloud Security
• Others

A detailed breakup and analysis of the market based on the security type have also been provided in the report. This includes network security, endpoint security, application security, cloud security, and others.

Vertical Insights:

• Energy and Utilities
• Manufacturing
• Automotive
• Transport
• Consumer Electronics
• Healthcare
• Others

The report has provided a detailed breakup and analysis of the market based on the vertical. This includes energy and utilities, manufacturing, automotive, transport, consumer electronics, healthcare, and others.

Regional Insights: 

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region. 

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia IoT Security Market News:

• In February 2025, the National Security Services Company (SAFE) teamed up with iot squared to work on delivering secure IoT solutions in Saudi Arabia. The partnership emphasized the cross-promotion of services, the creation of new IoT security solutions, and the identification of market gaps by combining SAFE's security knowledge with iot squared's technology.
• In January 2025, SEALSQ collaborated with WISeKey to enhance its presence in Saudi Arabia and aid its digital transformation and advancements in cybersecurity. The partnership aimed to deliver cutting-edge solutions, such as IoT security, public key infrastructure (PKI), and digital identity management, improved by SEALSQ’s quantum-resistant cryptographic technologies.

Saudi Arabia IoT Security Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia IoT security market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia IoT security market on the basis of component?
• What is the breakup of the Saudi Arabia IoT security market on the basis of security type?
• What is the breakup of the Saudi Arabia IoT security market on the basis of vertical?
• What is the breakup of the Saudi Arabia IoT security market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia IoT security market? 
• What are the key driving factors and challenges in the Saudi Arabia IoT security market?
• What is the structure of the Saudi Arabia IoT security market and who are the key players?
• What is the degree of competition in the Saudi Arabia IoT security market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia IoT security market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia IoT security market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia IoT security industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.