Saudi Cybersecurity Sector Adds $4.9 Billion to GDP

Saudi Cybersecurity Sector Adds $4.9 Billion to GDP

Saudi Arabia’s cybersecurity sector has recorded significant growth, contributing approximately $4.9 billion (SAR 18.4 billion) to the Kingdom’s GDP — underscoring its role as a cornerstone of the digital economy and a vital pillar of the national transformation under Vision 2030.

This achievement reflects the Kingdom’s substantial investments in digital infrastructure, the development of national capabilities to counter cyberattacks, and the adoption of cutting-edge technologies led by highly skilled professionals. It also highlights Saudi Arabia’s commitment to safeguarding information security across both public and private systems, ensuring business continuity, and reinforcing investor confidence at both local and global levels.

Economists point out that the sector’s expansion is creating high-value job opportunities for Saudi youth in advanced fields such as data analysis, artificial intelligence, and defensive cyber technologies. This contributes to the development of a globally competitive national workforce.

The growth of the cybersecurity sector also aligns with Saudi Arabia’s ambition to position itself as a regional hub for cybersecurity by hosting international conferences and forging strategic partnerships with leading global firms, thereby establishing the Kingdom as a key player in securing the global digital space.