Saudi Arabia Cryptocurrency Market Size To Worth USD 47.8 Billion in 2034 | Grow CAGR by 7.51%

Saudi Arabia Cryptocurrency Market Overview

Market Size in 2025: USD 24.9 Billion

Market Size in 2034: USD 47.8 Billion

Market Growth Rate 2026-2034: 7.51%

According to IMARC Group's latest research publication, "Saudi Arabia Cryptocurrency Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2026-2034", The Saudi Arabia cryptocurrency market size was valued at USD 24.9 Billion in 2025. Looking forward, IMARC Group estimates the market to reach USD 47.8 Billion by 2034, exhibiting a CAGR of 7.51% during 2026-2034.

How AI is Reshaping the Future of Saudi Arabia Cryptocurrency Market

● AI-powered trading algorithms enhance cryptocurrency transaction processing speeds and market analysis capabilities for institutional and retail investors across Saudi Arabia.

● Advanced AI-driven cybersecurity systems protect digital wallets and cryptocurrency exchanges from sophisticated threats, improving trust in the Kingdom's digital asset ecosystem.

● AI fraud detection mechanisms monitor blockchain transactions in real-time, identifying suspicious patterns and reducing financial crimes in Saudi cryptocurrency platforms.

● Machine learning algorithms optimize portfolio management and investment strategies, reducing trading risks by up to 45% while maximizing returns for investors in the Kingdom.

● AI-powered predictive analytics forecast market trends and price movements, enabling traders to make data-driven decisions and adapt to volatile cryptocurrency markets more effectively.

Grab a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-cryptocurrency-market/requestsample

How Vision 2030 is Transforming Saudi Arabia Cryptocurrency Industry

Saudi Arabia's Vision 2030 is revolutionizing the cryptocurrency industry by prioritizing digital transformation, fintech innovation, and economic diversification beyond oil dependence. The initiative drives demand for blockchain solutions and cryptocurrency infrastructure, integrating cutting-edge technologies to modernize financial systems and reduce reliance on traditional banking methods. This transformation aligns with the Kingdom's goal to establish itself as a regional fintech hub, promoting partnerships between local companies and global cryptocurrency exchanges to foster innovation excellence centers. Government-backed programs through the Capital Market Authority and Saudi Central Bank are developing regulatory frameworks for digital assets, including plans for regulated stablecoins that will revolutionize payment systems and cross-border transactions. The fintech sector is expanding rapidly with over 280 licensed firms operating as of early 2025, many focused on blockchain solutions and cryptocurrency infrastructure.

Saudi Arabia Cryptocurrency Market Trends & Drivers:

Saudi Arabia's cryptocurrency market is experiencing unprecedented growth driven by significant institutional investments and government support for blockchain technology under Vision 2030 initiatives. The market is fueled by strategic partnerships and collaborations between local companies and international cryptocurrency exchanges, facilitating knowledge transfer and access to advanced blockchain technologies. The Kingdom's proactive approach to digital transformation is attracting private equity and venture capital investments into cryptocurrency projects, with financial institutions actively exploring blockchain platforms to enhance transaction efficiency and security. For instance, in June 2024, The Saudi Central Bank collaborated with UAE, China, Thailand, and Hong Kong banks for the mBridge project, evaluating the viability of central bank digital currencies using blockchain technology.

The rapid expansion of fintech applications is significantly boosting market demand. The growing adoption of cryptocurrency for digital payments, remittances, and trading addresses the needs of the Kingdom's tech-savvy population and expanding digital economy. With fintech companies establishing blockchain infrastructure and increasing investments in cryptocurrency platforms, the sector is creating new opportunities for innovation while reducing transaction costs and improving financial accessibility. The government's evolving regulatory framework, including plans to introduce regulated stablecoins in partnership with the Capital Market Authority and Saudi Central Bank, demonstrates the technology's potential in modernizing payment systems, enhancing cross-border transaction efficiency, and supporting financial inclusion goals aligned with Vision 2030.

Ask analyst of customized report: https://www.imarcgroup.com/request?type=report&id=20581&flag=E

Saudi Arabia Cryptocurrency Industry Segmentation:

The report has segmented the market into the following categories:

Component Insights:

● Hardware

● Software

Type Insights:

● Bitcoin

● Ethereum

● Bitcoin Cash

● Ripple

● Litecoin

● Dashcoin

● Others

Process Insights:

● Mining

● Transaction

Application Insights:

● Trading

● Remittance

● Payment

● Others

Breakup by Region:

● Northern and Central Region

● Western Region

● Eastern Region

● Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in Saudi Arabia Cryptocurrency Market

● May 2025: The Saudi Central Bank revealed an investment in Strategy (formerly MicroStrategy), acquiring exposure to Bitcoin through purchasing 25,656 shares of Strategy stock, marking a significant institutional adoption of cryptocurrency by a sovereign monetary authority in the Middle East.

● February 2025: A leading European cryptocurrency exchange announced a strategic partnership with a Saudi holding company to advance blockchain infrastructure, focusing on capital market tokenization, central bank digital currency research, and establishing national data centers to support the Kingdom's digital finance transformation aligned with Vision 2030 objectives.

● March 2025: The Saudi government unveiled plans to introduce regulated stablecoins in collaboration with the Capital Market Authority and Saudi Central Bank, aiming to revolutionize digital payment systems and enhance cross-border transaction efficiency across the Kingdom's rapidly growing fintech ecosystem.

● September 2024: Mesh, a prominent fintech firm, teamed up with CoinMENA FZE, a digital asset provider, to enhance cryptocurrency transfers and account management across the Middle East, including Saudi Arabia, with API-based solutions enabling smooth and secure transactions while streamlining account access across platforms.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302

This release was published on openPR.