{
  "id": 14445766,
  "title": "Saudi cybersecurity market grows 10.7%, reaches SAR 16.3 billion",
  "url": "https://urgent.news/2026/10/14/saudi-cybersecurity-market-grows-10-7-reaches-sar-16-3-billion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T11:46:53.000Z",
  "source": {
    "name": "Ajel English",
    "slug": "ajel-english",
    "url": "https://english.ajel.sa/saudi-arabia/ri7luvpys"
  },
  "original_language": "en",
  "account": "The Saudi cybersecurity market is expected to reach SAR 16.3 billion by 2025, growing at a compound annual rate of 10.7% over the past three years, according to a recent report from the National Cybersecurity Authority. Government spending on cybersecurity products and services accounted for 31% of the market, while private sector investment made up 69%. The sector's contribution to Saudi Arabia's GDP in 2025 is projected to be SAR 20 billion, with a CAGR of 13.2%. The cybersecurity workforce in the country has surpassed 22,000 specialists, with a growth rate of 5.9%. Women's participation in the sector is above the global average, with 33% of the workforce being women. The market is divided between product and service categories, with spending on products accounting for 51% and services making up 49%. The growth of Saudi Arabia's cybersecurity market is driven by initiatives to enhance competitiveness and foster collaboration between the public and private sectors.",
  "summary": "Saudi Arabia's cybersecurity market is projected to hit SAR 16.3 billion in 2025, driven by robust growth and increased public and private sector investment, according to the authority.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}