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The Saudi Arabian HR market is valued at over SR6 billion ($1.6 billion) and is expected to grow significantly in the coming years due to the country's expanding economy and growing population. The market is driven by the demand for skilled labor, particularly in the IT, healthcare, and engineering sectors.
The Saudi Arabian government is a major purchaser of HR products and services, spending an estimated SR2 billion ($533 million) per year. The government procures a wide range of HR products and services, including:
Recruitment and selection
Talent management
Learning and development
Payroll and benefits administration
HR software
The main HR products and services procured by the Saudi Arabian government are:
Recruitment and selection (30%)
Learning and development (25%)
Payroll and benefits administration (20%)
HR software (15%)
The top authorities for Saudi Arabian HR procurement are:
Ministry of Civil Service
Ministry of Labor and Social Development
General Organization for Social Insurance (GOSI)
Saudi Arabian Airlines (Saudia)
Saudi Aramco
The top winners of Saudi Arabian HR procurement are:
SAP
Oracle
IBM
Accenture
Deloitte
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