Saudi Arabia Company Secretarial Software Market By Component (Solution, Service), By Deployment (On-Premise, Cloud), By Organization Size (Large Enterprises, Small & Medium Enterprises), By Vertical (Banks, Insurance, IT, Telecommunication), By Region, Competition, Forecast and Opportunities, 2020-2030F

April 2025 | 86 pages | ID: SBF5754A98C9EN
TechSci Research

Abstracts

Market Overview

The Saudi Arabia Company Secretarial Software Market was valued at USD 14.7 million in 2024 and is expected to reach USD 19.7 million by 2030, registering a CAGR of 4.9% during the forecast period. This market includes digital solutions aimed at automating and optimizing corporate secretarial tasks such as compliance tracking, statutory filings, governance management, and document organization. The increasing complexity of regulatory requirements and a growing emphasis on corporate transparency and accountability are key growth drivers. Additionally, the digital transformation of business operations across Saudi Arabia is accelerating the adoption of company secretarial software, especially among enterprises aiming to streamline operations and minimize risks. As businesses continue to align with international governance standards under Vision 2030, the market is poised for sustained growth as an integral part of the enterprise software landscape.

Key Market Drivers

Increasing Regulatory Compliance Requirements

Stricter corporate governance regulations in Saudi Arabia are propelling demand for company secretarial software. The government’s drive to enhance the business environment and align with global best practices has led to more stringent rules around reporting, transparency, and record-keeping. Companies must now ensure full compliance with evolving standards, and secretarial software helps meet these obligations by automating compliance tasks, tracking legislative changes, and facilitating timely filings. By reducing manual errors and improving audit readiness, these solutions minimize the risk of non-compliance and legal repercussions, making them an essential tool for modern organizations.

Key Market Challenges

Regulatory Compliance Complexity

A significant challenge in this market lies in navigating the intricate and frequently changing compliance landscape in Saudi Arabia. While the nation’s regulatory reforms are a step towards modernization, the complexity they introduce can overwhelm businesses lacking in-house compliance expertise. Software providers must ensure real-time updates to reflect the latest legal requirements, necessitating continuous development and localization efforts. Additionally, companies must choose solutions tailored to local regulations while maintaining compatibility with global standards, which adds to procurement complexity and underscores the need for flexible and highly configurable platforms.

Key Market Trends

Increased Adoption of Cloud-Based Solutions

A notable trend in the Saudi Arabia Company Secretarial Software Market is the growing shift towards cloud-based platforms. These solutions offer advantages such as easier access, lower maintenance costs, scalability, and improved collaboration among stakeholders. Cloud deployment also aligns with national digital transformation goals and the widespread adoption of SaaS models. With automatic updates and real-time data access, cloud-based systems enhance transparency and responsiveness in governance tasks. As Saudi enterprises increasingly favor operational agility and cost-efficiency, the migration to cloud-native secretarial platforms is expected to grow steadily.

Key Market Players

• Microsoft Corporation
• Workiva Inc.
• Board Intelligence Ltd
• Nasdaq Inc.
• Diligent Corporation
• Wolters Kluwer N.V.
• Axar Digital Services Pvt Ltd
• Corporatek Inc.
• Vistra Group Holdings (BVI) Limited
• Intralinks, Inc.

Report Scope:

In this report, the Saudi Arabia Company Secretarial Software Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Saudi Arabia Company Secretarial Software Market, By Component:
• Solution
• Services
• Saudi Arabia Company Secretarial Software Market, By Deployment:
• On-Premise
• Cloud
• Saudi Arabia Company Secretarial Software Market, By Vertical:
• Banks
• Insurance
• IT
• Telecommunication
• Saudi Arabia Company Secretarial Software Market, By Organization Size:
• Large Enterprises
• Small & Medium Enterprises
• Saudi Arabia Company Secretarial Software Market, By Region:
• Riyadh
• Makkah
• Madinah
• Jeddah
• Tabuk
• Eastern Province
• Rest of Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Company Secretarial Software Market.

Available Customizations:

Saudi Arabia Company Secretarial Software Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. PRODUCT OVERVIEW

1.1. Market Definition
1.2. Scope of the Market
  1.2.1. Markets Covered
  1.2.2. Years Considered for Study
  1.2.3. Key Market Segmentations

2. RESEARCH METHODOLOGY

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
  2.5.1. Secondary Research
  2.5.2. Primary Research
2.6. Approach for the Market Study
  2.6.1. The Bottom-Up Approach
  2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
  2.8.1. Data Triangulation & Validation

3. EXECUTIVE SUMMARY

4. VOICE OF CUSTOMER

5. SAUDI ARABIA COMPANY SECRETARIAL SOFTWARE MARKET OVERVIEW

6. SAUDI ARABIA COMPANY SECRETARIAL SOFTWARE MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Component (Solution, Service)
  6.2.2. By Deployment (On-Premise, Cloud)
  6.2.3. By Organization Size (Large Enterprises, Small & Medium Enterprises)
  6.2.4. By Vertical (Banks, Insurance, IT, Telecommunication)
  6.2.5. By Region (Riyadh, Makkah, Madinah, Jeddah, Tabuk, Eastern Province, Rest of Saudi Arabia)
6.3. By Company (2024)
6.4. Market Map

7. RIYADH COMPANY SECRETARIAL SOFTWARE MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Component
  7.2.2. By Deployment
  7.2.3. By Organization Size
  7.2.4. By Vertical

8. MAKKAH COMPANY SECRETARIAL SOFTWARE MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Component
  8.2.2. By Deployment
  8.2.3. By Organization Size
  8.2.4. By Vertical

9. MADINAH COMPANY SECRETARIAL SOFTWARE MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Component
  9.2.2. By Deployment
  9.2.3. By Organization Size
  9.2.4. By Vertical

10. JEDDAH COMPANY SECRETARIAL SOFTWARE MARKET OUTLOOK

10.1.Market Size & Forecast
  10.1.1. By Value
10.2.Market Share & Forecast
  10.2.1. By Component
  10.2.2. By Deployment
  10.2.3. By Organization Size
  10.2.4. By Vertical

11. TABUK COMPANY SECRETARIAL SOFTWARE MARKET OUTLOOK

11.1.Market Size & Forecast
  11.1.1. By Value
11.2.Market Share & Forecast
  11.2.1. By Component
  11.2.2. By Deployment
  11.2.3. By Organization Size
  11.2.4. By Vertical

12. EASTERN PROVINCE COMPANY SECRETARIAL SOFTWARE MARKET OUTLOOK

12.1.Market Size & Forecast
  12.1.1. By Value
12.2.Market Share & Forecast
  12.2.1. By Component
  12.2.2. By Deployment
  12.2.3. By Organization Size
  12.2.4. By Vertical

13. REST OF SAUDI ARABIA COMPANY SECRETARIAL SOFTWARE MARKET OUTLOOK

13.1.Market Size & Forecast
  13.1.1. By Value
13.2.Market Share & Forecast
  13.2.1. By Component
  13.2.2. By Deployment
  13.2.3. By Organization Size
  13.2.4. By Vertical

14. MARKET DYNAMICS

14.1.Drivers
14.2.Challenges

15. MARKET TRENDS AND DEVELOPMENTS

16. COMPANY PROFILES

16.1.Microsoft Corporation
  16.1.1. Business Overview
  16.1.2. Key Revenue and Financials
  16.1.3. Recent Developments
  16.1.4. Key Personnel/Key Contact Person
  16.1.5. Key Product/Services Offered
16.2.Workiva Inc.
  16.2.1. Business Overview
  16.2.2. Key Revenue and Financials
  16.2.3. Recent Developments
  16.2.4. Key Personnel/Key Contact Person
  16.2.5. Key Product/Services Offered
16.3.Board Intelligence Ltd
  16.3.1. Business Overview
  16.3.2. Key Revenue and Financials
  16.3.3. Recent Developments
  16.3.4. Key Personnel/Key Contact Person
  16.3.5. Key Product/Services Offered
16.4.Nasdaq Inc.
  16.4.1. Business Overview
  16.4.2. Key Revenue and Financials
  16.4.3. Recent Developments
  16.4.4. Key Personnel/Key Contact Person
  16.4.5. Key Product/Services Offered
16.5.Diligent Corporation
  16.5.1. Business Overview
  16.5.2. Key Revenue and Financials
  16.5.3. Recent Developments
  16.5.4. Key Personnel/Key Contact Person
  16.5.5. Key Product/Services Offered
16.6.Wolters Kluwer N.V.
  16.6.1. Business Overview
  16.6.2. Key Revenue and Financials
  16.6.3. Recent Developments
  16.6.4. Key Personnel/Key Contact Person
  16.6.5. Key Product/Services Offered
16.7.Axar Digital Services Pvt Ltd
  16.7.1. Business Overview
  16.7.2. Key Revenue and Financials
  16.7.3. Recent Developments
  16.7.4. Key Personnel/Key Contact Person
  16.7.5. Key Product/Services Offered
16.8.Corporatek Inc.
  16.8.1. Business Overview
  16.8.2. Key Revenue and Financials
  16.8.3. Recent Developments
  16.8.4. Key Personnel/Key Contact Person
  16.8.5. Key Product/Services Offered
16.9.Vistra Group Holdings (BVI) Limited
  16.9.1. Business Overview
  16.9.2. Key Revenue and Financials
  16.9.3. Recent Developments
  16.9.4. Key Personnel/Key Contact Person
  16.9.5. Key Product/Services Offered
16.10. Intralinks, Inc.
  16.10.1. Business Overview
  16.10.2. Key Revenue and Financials
  16.10.3. Recent Developments
  16.10.4. Key Personnel/Key Contact Person
  16.10.5. Key Product/Services Offered

17. STRATEGIC RECOMMENDATIONS

18. ABOUT US & DISCLAIMER