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    GCC Iot Digital Transformation Market

    ID: MRFR/ICT/59028-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    GCC IoT Digital Transformation Market Research Report By Offering (Solutions, Services), By Technology (Cloud Computing, Big Data & Analytics, Blockchain, Cybersecurity, AI, IoT), By Business Function (Accounting & Finance, Information Technology, Human Resources, Marketing & Sales), and By Vertical (BFSI, Retail & eCommerce, IT/ITES, Healthcare, Life Sciences & Pharmaceuticals, Government & Defense, Media & Entertainment, Manufacturing, Energy & Utilities, Telecommunications, E...

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    GCC Iot Digital Transformation Market Research Report - Forecast to 2035 Infographic
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    Table of Contents

    GCC Iot Digital Transformation Market Summary

    The GCC IoT Digital Transformation market is poised for substantial growth, reaching 205.4 USD Billion by 2035.

    Key Market Trends & Highlights

    GCC IoT Digital Transformation Key Trends and Highlights

    • The market valuation is projected to grow from 16.9 USD Billion in 2024 to 205.4 USD Billion by 2035.
    • The compound annual growth rate (CAGR) is estimated at 25.53% from 2025 to 2035.
    • This rapid expansion indicates a robust demand for IoT solutions across various sectors in the GCC region.
    • Growing adoption of IoT technologies due to increasing digitalization is a major market driver.

    Market Size & Forecast

    2024 Market Size 16.9 (USD Billion)
    2035 Market Size 205.4 (USD Billion)
    CAGR (2025-2035) 25.53%

    Major Players

    Samsung Electronics, SAP, Cisco, Schneider Electric, Honeywell, GE Digital, Huawei, Siemens, Dell Technologies, Rockwell Automation, Microsoft, Ericsson, Oracle, IBM

    GCC Iot Digital Transformation Market Trends

    A number of important market factors are propelling the GCC IoT Digital Transformation Market's notable evolution. The increasing need for productivity and operational efficiency across a range of industries, including manufacturing, transportation, and healthcare, is one of the main causes.The GCC's governments are making significant investments in smart city projects, which is driving a rise in the use of IoT solutions to enhance infrastructure and public services.

    Both Saudi Arabia's Vision 2030 and the United Arab Emirates' National Innovation Strategy place a strong emphasis on digital transformation, which fosters an atmosphere that is favorable for the development of IoT technology. Enhancing connectivity and data analytics capabilities throughout the GCC presents significant prospects.

    Because of the region's special status as a center for global trade, IoT integration in supply chains and logistics is made possible, improving real-time tracking and management. Furthermore, growing investments in 5G networks are expected to further unlock the potential of the Internet of Things by facilitating quicker data transfer and expanding the number of devices that may be linked at once.

    In order to automate procedures and extract more profound insights from data, there is also growing interest in integrating AI and machine learning with IoT systems. In order to further IoT projects, recent trends show an increase in collaborations between government agencies and tech companies.

    While tackling regulatory obstacles, cooperative efforts are concentrating on creating region-specific applications suited to regional sectors. Sustainability is becoming more and more popular as digital transformation picks up speed. IoT technologies are being used to track and enhance environmental effects in public transportation and urban planning.

    All things considered, the GCC's dedication to infrastructure development and digital innovation creates the conditions for a thriving IoT Digital Transformation Market, solidifying the region's position as a pioneer in this field.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    GCC IoT

    GCC Iot Digital Transformation Market Drivers

    Market Segment Insights

    IoT

    IoT Digital Transformation Market Offering Insights

    The Offering segment of the GCC IoT Digital Transformation Market encompasses a wide array of solutions and services that are pivotal in fostering digital transformation across various industries within the region.Currently, the GCC is witnessing a surge in adoption of IoT solutions driven by the rapid digitalization initiatives taken by various governments, alongside the private sector's recognition of the importance of IoT technology in improving efficiency and productivity.

    Solutions within this segment, including software applications, analytics platforms, and connectivity solutions, are crucial for industries such as manufacturing, healthcare, and transportation that are looking to optimize their operations.

    In contrast, the services component comprises consulting, implementation, and managed services, which play a significant role in helping organizations seamlessly integrate IoT technologies into their existing frameworks. This integration is essential not only for the enhancement of operational efficiency but also for enabling real-time data analytics, thereby facilitating informed decision-making.

    Get more detailed insights about GCC Iot Digital Transformation Market Research Report - Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The GCC IoT Digital Transformation Market is characterized by rapid technological advancements and an increasing drive for digitalization across various sectors, including manufacturing, healthcare, transportation, and smart cities.

    Competitive dynamics within this market reflect a robust interplay between established multinational corporations and local start-ups aiming to leverage the Internet of Things for efficiency, connectivity, and innovation. The region’s governments invest significantly in smart infrastructure initiatives, which in turn fuels demand for IoT solutions.

    Key players are focusing on developing collaborative ecosystems that encompass hardware, software, and services to deliver tailored end-to-end solutions, establishing a competitive edge. Moreover, the convergence of IoT with artificial intelligence and big data analytics is pushing companies to innovate continuously and enhance their value propositions.

    Samsung Electronics has solidified its position in the GCC IoT Digital Transformation Market through its portfolio of innovative technologies and solutions tailored for smart homes, smart cities, and connected devices.

    The company has invested heavily in IoT infrastructure, allowing it to provide integrated platforms that connect various devices seamlessly. Samsung Electronics' strengths in the region are bolstered by a strong brand reputation, advanced research and development capabilities, and strategic partnerships with local enterprises and governmental bodies.

    The company focuses on delivering comprehensive solutions that integrate hardware, software, and cloud services, ensuring that it meets the diverse needs of GCC consumers. Additionally, Samsung Electronics is well-regarded for its commitment to sustainability, which resonates strongly in the environmentally conscious GCC markets.

    SAP has emerged as a significant player in the GCC IoT Digital Transformation Market by offering a suite of solutions that enable businesses to optimize their operations through data-driven insights.With a focus on enterprise resource planning (ERP), supply chain management, and analytics, SAP's key products leverage IoT data to drive efficiency and innovation in various sectors, particularly in manufacturing and logistics.

    The company has established a robust presence in the GCC region, emphasizing its ability to cater to large enterprises seeking to undergo digital transformation. SAP’s strengths lie in its strong brand equity, extensive experience in enterprise solutions, and a global network of partnerships which bolster its influence in local markets.

    Recent mergers and acquisitions by SAP in the region have further augmented its technological capabilities, allowing for enhanced integration of IoT with cloud-based applications, thus providing clients with scalable and flexible solutions tailored to the unique challenges of the GCC economy.

    Key Companies in the GCC Iot Digital Transformation Market market include

    Industry Developments

    SAP opened its Cloud Data Center and Digital Hub in Riyadh in January 2023 with the goal of accelerating digital transformation in the GCC's enterprise and government sectors. With an emphasis on IoT, cybersecurity, and smart infrastructure, Cisco and the Saudi Ministry of Communications and Information Technology opened an AI Innovation Center in Riyadh on July 14, 2025.

    Huawei and G42 of the United Arab Emirates partnered in March 2023 to implement cutting-edge IoT capabilities for smart city and healthcare applications. In September 2023, Siemens extended its MindSphere IoT platform to water and energy management projects in the United Arab Emirates, improving operational efficiency and predictive maintenance.

    Schneider Electric unveiled their EcoStruxure smart building platform, which combines energy efficiency and real-time analytics, in Oman's Knowledge Oasis Muscat on December 5, 2023. Beginning in April 2023, Honeywell's Forge platform was implemented in several industrial areas around Saudi Arabia, enhancing IIoT data visibility for customers in the oil and gas industry.

    In June 2024, Microsoft extended its Azure IoT edge services in the United Arab Emirates, facilitating hybrid cloud deployments for smart infrastructure spearheaded by the government. In February 2024, Rockwell Automation launched its FactoryTalk edge analytics package in Saudi manufacturing hubs.

    GCC IoT

    Market Segmentation

    IoT Digital Transformation Market Offering Outlook

    • Solutions
    • Services

    IoT Digital Transformation Market Vertical Outlook

    • BFSI
    • Retail & eCommerce
    • IT/ITES
    • Healthcare
    • Life Sciences & Pharmaceuticals
    • Government & Defense
    • Media & Entertainment
    • Manufacturing
    • Energy & Utilities
    • Telecommunications
    • Education
    • Agriculture
    • Automotive
    • Transportation & Logistics

    IoT Digital Transformation Market Technology Outlook

    • Cloud Computing
    • Big Data & Analytics
    • Blockchain
    • Cybersecurity
    • AI
    • IoT

    IoT Digital Transformation Market Business Function Outlook

    • Accounting & Finance
    • Information Technology
    • Human Resources
    • Marketing & Sales

    Report Scope

     

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 13.68(USD Billion)
    MARKET SIZE 2024 16.85(USD Billion)
    MARKET SIZE 2035 205.43(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 25.526% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Samsung Electronics, SAP, Cisco, Schneider Electric, Honeywell, GE Digital, Huawei, Siemens, Dell Technologies, Rockwell Automation, Microsoft, Ericsson, Oracle, IBM
    SEGMENTS COVERED Offering, Technology, Business Function, Vertical
    KEY MARKET OPPORTUNITIES Smart city implementations, Industrial IoT applications, Healthcare digital solutions, Energy management systems, Retail automation technology
    KEY MARKET DYNAMICS rapid technological advancements, increasing government initiatives, growing demand for automation, rising data security concerns, expanding Internet connectivity
    COUNTRIES COVERED GCC

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the expected market size of the GCC IoT Digital Transformation Market in 2024?

    The GCC IoT Digital Transformation Market is expected to be valued at 16.85 billion USD in 2024.

    What is the projected market size for the GCC IoT Digital Transformation Market by 2035?

    By 2035, the GCC IoT Digital Transformation Market is projected to reach 205.43 billion USD.

    What is the expected CAGR for the GCC IoT Digital Transformation Market from 2025 to 2035?

    The expected CAGR for the GCC IoT Digital Transformation Market from 2025 to 2035 is 25.526%.

    Which companies are key players in the GCC IoT Digital Transformation Market?

    Major players in the market include Samsung Electronics, SAP, Cisco, Schneider Electric, and Honeywell among others.

    What is the market value for IoT solutions in the GCC region in 2024?

    IoT solutions in the GCC region are valued at 8.5 billion USD in 2024.

    How much is the services segment of the GCC IoT Digital Transformation Market expected to be worth in 2024?

    The services segment is expected to be valued at 8.35 billion USD in 2024.

    What will be the value of the solutions segment by 2035?

    The solutions segment is projected to reach 102.81 billion USD by 2035.

    What is the expected growth rate for the services segment from 2025 to 2035?

    The services segment is anticipated to grow significantly, reaching an expected value of 102.62 billion USD by 2035.

    What are key growth drivers for the GCC IoT Digital Transformation Market?

    Key growth drivers include the increasing demand for automation, data analytics, and real-time monitoring across industries.

    How do current global scenarios impact the GCC IoT Digital Transformation Market?

    Current global scenarios influence technological advancements and investments, potentially accelerating market growth in IoT digital transformation.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. GCC
    59. IoT Digital Transformation Market, BY Offering (USD Billion)
    60. Solutions
    61. Services
    62. GCC
    63. IoT Digital Transformation Market, BY Technology (USD Billion)
    64. Cloud
    65. Computing
    66. Big Data & Analytics
    67. Blockchain
    68. Cybersecurity
    69. AI
    70. IoT
    71. GCC
    72. IoT Digital Transformation Market, BY Business Function (USD Billion)
    73. Accounting
    74. & Finance
    75. Information Technology
    76. Human
    77. Resources
    78. Marketing & Sales
    79. GCC
    80. IoT Digital Transformation Market, BY Vertical (USD Billion)
    81. BFSI
    82. Retail
    83. & eCommerce
    84. IT/ITES
    85. Healthcare
    86. Life
    87. Sciences & Pharmaceuticals
    88. Government & Defense
    89. Media
    90. & Entertainment
    91. Manufacturing
    92. Energy
    93. & Utilities
    94. Telecommunications
    95. Education
    96. Agriculture
    97. Automotive
    98. Transportation
    99. & Logistics
    100. Competitive Landscape
    101. Overview
    102. Competitive
    103. Analysis
    104. Market share Analysis
    105. Major
    106. Growth Strategy in the IoT Digital Transformation Market
    107. Competitive
    108. Benchmarking
    109. Leading Players in Terms of Number of Developments
    110. in the IoT Digital Transformation Market
    111. Key developments
    112. and growth strategies
    113. New Product Launch/Service Deployment
    114. Merger
    115. & Acquisitions
    116. Joint Ventures
    117. Major
    118. Players Financial Matrix
    119. Sales and Operating Income
    120. Major
    121. Players R&D Expenditure. 2023
    122. Company
    123. Profiles
    124. Samsung Electronics
    125. Financial
    126. Overview
    127. Products Offered
    128. Key
    129. Developments
    130. SWOT Analysis
    131. Key
    132. Strategies
    133. SAP
    134. Financial
    135. Overview
    136. Products Offered
    137. Key
    138. Developments
    139. SWOT Analysis
    140. Key
    141. Strategies
    142. Cisco
    143. Financial
    144. Overview
    145. Products Offered
    146. Key
    147. Developments
    148. SWOT Analysis
    149. Key
    150. Strategies
    151. Schneider Electric
    152. Financial
    153. Overview
    154. Products Offered
    155. Key
    156. Developments
    157. SWOT Analysis
    158. Key
    159. Strategies
    160. Honeywell
    161. Financial
    162. Overview
    163. Products Offered
    164. Key
    165. Developments
    166. SWOT Analysis
    167. Key
    168. Strategies
    169. GE Digital
    170. Financial
    171. Overview
    172. Products Offered
    173. Key
    174. Developments
    175. SWOT Analysis
    176. Key
    177. Strategies
    178. Huawei
    179. Financial
    180. Overview
    181. Products Offered
    182. Key
    183. Developments
    184. SWOT Analysis
    185. Key
    186. Strategies
    187. Siemens
    188. Financial
    189. Overview
    190. Products Offered
    191. Key
    192. Developments
    193. SWOT Analysis
    194. Key
    195. Strategies
    196. Dell Technologies
    197. Financial
    198. Overview
    199. Products Offered
    200. Key
    201. Developments
    202. SWOT Analysis
    203. Key
    204. Strategies
    205. Rockwell Automation
    206. Financial
    207. Overview
    208. Products Offered
    209. Key
    210. Developments
    211. SWOT Analysis
    212. Key
    213. Strategies
    214. Microsoft
    215. Financial
    216. Overview
    217. Products Offered
    218. Key
    219. Developments
    220. SWOT Analysis
    221. Key
    222. Strategies
    223. Ericsson
    224. Financial
    225. Overview
    226. Products Offered
    227. Key
    228. Developments
    229. SWOT Analysis
    230. Key
    231. Strategies
    232. Oracle
    233. Financial
    234. Overview
    235. Products Offered
    236. Key
    237. Developments
    238. SWOT Analysis
    239. Key
    240. Strategies
    241. IBM
    242. Financial
    243. Overview
    244. Products Offered
    245. Key
    246. Developments
    247. SWOT Analysis
    248. Key
    249. Strategies
    250. References
    251. Related
    252. Reports
    253. LIST
    254. OF ASSUMPTIONS
    255. GCC IoT Digital Transformation Market
    256. SIZE ESTIMATES & FORECAST, BY OFFERING, 2019-2035 (USD Billions)
    257. GCC
    258. IoT Digital Transformation Market SIZE ESTIMATES & FORECAST, BY TECHNOLOGY,
    259. 2035 (USD Billions)
    260. GCC IoT Digital Transformation
    261. Market SIZE ESTIMATES & FORECAST, BY BUSINESS FUNCTION, 2019-2035 (USD Billions)
    262. GCC
    263. IoT Digital Transformation Market SIZE ESTIMATES & FORECAST, BY VERTICAL, 2019-2035
    264. (USD Billions)
    265. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    266. ACQUISITION/PARTNERSHIP
    267. LIST
    268. Of figures
    269. MARKET SYNOPSIS
    270. GCC
    271. IOT DIGITAL TRANSFORMATION MARKET ANALYSIS BY OFFERING
    272. GCC
    273. IOT DIGITAL TRANSFORMATION MARKET ANALYSIS BY TECHNOLOGY
    274. GCC
    275. IOT DIGITAL TRANSFORMATION MARKET ANALYSIS BY BUSINESS FUNCTION
    276. GCC
    277. IOT DIGITAL TRANSFORMATION MARKET ANALYSIS BY VERTICAL
    278. KEY
    279. BUYING CRITERIA OF IOT DIGITAL TRANSFORMATION MARKET
    280. RESEARCH
    281. PROCESS OF MRFR
    282. DRO ANALYSIS OF IOT DIGITAL TRANSFORMATION
    283. MARKET
    284. DRIVERS IMPACT ANALYSIS: IOT DIGITAL TRANSFORMATION
    285. MARKET
    286. RESTRAINTS IMPACT ANALYSIS: IOT DIGITAL TRANSFORMATION
    287. MARKET
    288. SUPPLY / VALUE CHAIN: IOT DIGITAL TRANSFORMATION
    289. MARKET
    290. IOT DIGITAL TRANSFORMATION MARKET, BY OFFERING,
    291. (% SHARE)
    292. IOT DIGITAL TRANSFORMATION MARKET, BY
    293. OFFERING, 2019 TO 2035 (USD Billions)
    294. IOT DIGITAL TRANSFORMATION
    295. MARKET, BY TECHNOLOGY, 2025 (% SHARE)
    296. IOT DIGITAL TRANSFORMATION
    297. MARKET, BY TECHNOLOGY, 2019 TO 2035 (USD Billions)
    298. IOT
    299. DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2025 (% SHARE)
    300. IOT
    301. DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2019 TO 2035 (USD Billions)
    302. IOT
    303. DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2025 (% SHARE)
    304. IOT
    305. DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2019 TO 2035 (USD Billions)
    306. BENCHMARKING
    307. OF MAJOR COMPETITORS

    GCC IoT Digital Transformation Market Segmentation

     

    • IoT Digital Transformation Market By Offering (USD Billion, 2019-2035)

      • Solutions
      • Services

     

    • IoT Digital Transformation Market By Technology (USD Billion, 2019-2035)

      • Cloud Computing
      • Big Data & Analytics
      • Blockchain
      • Cybersecurity
      • AI
      • IoT

     

    • IoT Digital Transformation Market By Business Function (USD Billion, 2019-2035)

      • Accounting & Finance
      • Information Technology
      • Human Resources
      • Marketing & Sales

     

    • IoT Digital Transformation Market By Vertical (USD Billion, 2019-2035)

      • BFSI
      • Retail & eCommerce
      • IT/ITES
      • Healthcare
      • Life Sciences & Pharmaceuticals
      • Government & Defense
      • Media & Entertainment
      • Manufacturing
      • Energy & Utilities
      • Telecommunications
      • Education
      • Agriculture
      • Automotive
      • Transportation & Logistics

     

     

     

     

     

     

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