Why Saudi Arabia ?
Saudi Arabia bestows the most significant potential buyer market found
in the Gulf Cooperation Council region. Saudi Arabia remains devoted to
revolutionizing its economy and attracting new business in addition to
the continuous economic broadening and diversification through Vision
2030- a state-supported project pointed towards decreasing the
nation’s dependence on oil through economic enhancement and diversification.
Saudi Arabia will play a significant role within the 28$ billion digital signage sectors, this growth will be largely driven by the country’s growing retail, commercial, healthcare, tourism, education and infrastructure sectors. Global digital signage industry is expected to touch 23.02$ billion by year 2023. Investments within the government and educational sector and the need for enriched user experience and subsidized prices for display panels will all facilitate the growth of this sector.
Several mega projects in the GCC region are in various stages of construction. With mega projects like commercial establishments, theme parks and other major projects will trigger the need for high-end digital signages in this region. Despite the oil and market conditions, the retail establishments in the middle east market are upbeat on this digital signage technology Multimillion projects in Saudi Arabia include King Abdullah Economic City in Rabigh; The Knowledge Economic City in Madinah; Jazan Economic City; King Abdulaziz International Airport; Saudi Landbridge rail project and Riyadh Metro project. The readiness of country to spend on infrastructure will augment the growth of the digital signage industry particularly in the retail and amusement sector.
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