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Saudi app development market is thriving- Key 2020 sector trends revealed

Saudi Arabia is becoming a hub for mobile app development and experiencing impressive market growth in the sector. Also, read the latest App development trends here

Hyperlink InfoSystem has developed more than 3500 apps and designed 2000+ websites for 2300+ clients. Revenue in the Saudi apps segment is projected to reach $19 million in 2020 The global machine learning industry is growing at 42% annually and will be worth almost $9 billion in the latter part of 2022.

Saudi Arabia is becoming a hub for mobile app development and experiencing impressive market growth in the sector.

Let’s kick it off with some research on top Saudi companies in the field and later look at top trends driving global growth in 2020.

Top 10 mobile app development companies in Saudi

Saudi has evolved as an amazing business hub where technologies like IoT, AI, cloud, and many more are playing a critical role in the digital transformation of major businesses. Mobile apps help any business to grow and reach their targeted audience anytime and anywhere.  

Many businesses offer web and app development services in Saudi.

We have reviewed various B2B research platforms and curated a list of Top 10 App Developers in Saudi Arabia 2020. 

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1. Hyperlink InfoSystem

Hyperlink InfoSystem is one of the top mobile app development companies in Saudi, with offices in the US, UK, and India. The company has developed more than 3500 apps and designed 2000+ websites for 2300+ worldwide clients.  They offer web, software, and app development services and also work on the latest technologies like AI, IoT, Salesforce, Cloud, Data Science, AR/VR, and much more.

2. eSense Software

eSense is a trusted mobile app development company that provides award-winning software solutions and services on Microsoft technologies, solutions platforms, and business apps.

3. SITN

SITN believes a website is the first impression to clients and works on software development requirements with customized solutions.

4. Boxile

Boxile is a prominent IT Company based in Saudi Arabia providing high quality and cost-effective web and mobile app solutions.  

5. Dopravo

Dopravo is a trusted software development company based in Saudi with a passion to craft digital customer experiences for both the web and mobile platforms.  

6. UXBERT Labs

UXBERT Labs is one of Saudi’s leading IT consulting teams. They provide scientifically-proven e-commerce and digital product research, training, consulting, design, and development.  

7. KenHike

KenHike provides digital solutions to develop IT strategies, enterprise integration, and application development in the UAE and Saudi. They have proven expertise in UX/UI capabilities,  with 24-hour support for IT requirements.

8. Pixel Arabia

Pixel Arabia enhances customers’ responses to company brands. 

9. Ertekaz Technology

ERTEKAZ helps companies build a strong online presence. 

10. iSpectra

iSpectra provides top IT services for companies that want to modernize their core technology and develop engaging digital experiences.  

Here is a recent review of  Top Saudi Arabia Mobile App Development Companies.

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Saudi mobile app market 

Revenue in the Saudi apps segment is projected to reach $19 million in 2020.

Revenue is expected to show annual growth of 13.5%, resulting in a projected market volume of $32 million by 2024.

By Statista.com

User penetration will be 8.4% in 2020 and is expected to hit 12.2% by 2024.

The average revenue per user (ARPU) is expected to amount to $6.61.

There are about 2.9 million Saudi users in 2020, according to Statista.

Top mobile app trends

As of date, there are approximately 2.5 million apps in the Google Play Store and about 1.8 million in the Apple App Store.

Here are some important mobile app trends to look out for in 2020.

Machine learning

FaceApp rose to fame overnight because of its brilliant use of Artificial Intelligence (AI). It adds filters to a user’s photo to show what they would look like when they are older, younger, etc.  

The global machine learning industry is growing at 42% annually and will be worth almost $9 billion in the latter part of 2022.

Chatbots

More than 50% of buyers want more do-it-yourself (DIY) custom service tools to expedite making an online purchase. And chatbots are a perfect way to extend that sort of customer relationship management.

In 2020, the integration of chatbots to mobile apps will escalate from being fairly rudimentary to a fierce level.

Chatbots will be delivering $8 bn in cost savings by 2022, according to Gartner research.

Wearable tech apps

According to Statista, the number of connected wearable devices is expected to reach 929 million by 2021.

With technological advancement, we can expect wearable applications to soon become an important part of our everyday lives.

Apple recently announced its WatchOS update. Apple Watch apps will no longer require a companion iOS app and will have its own App Store. This clearly signifies the rise in wearable technology.

AR-VR

AR and VR technology are not only increasing high-quality gaming applications but are also being actively taken up for a number of other use cases.

According to Statista, the worldwide market of AR and VR technology will rise from $27 billion dollars in 2018 to about $209 billion in 2022!

Mobile wallets

Mobile wallets such as Apple Pay and Google Wallet will definitely drive purchasing through 2020. Thus, the demand for mobile wallet apps will be on the rise.

According to a report, the mobile wallet transaction value reached $4.3 trillion in 2018 and forecasted to reach $14 trillion by 2022.