Saudi Arabia Automobile Market Forecast: Valued at USD 50 Billion, Growth Rate of {6.25%} CAGR

The Saudi Arabian automobile market is a significant sector within the country’s economy, contributing to economic growth, infrastructure development, and employment. According to TechSci Research, the market stood at USD 50 billion in 2022 and is expected to grow at a CAGR of 6.25% from 2023 to 2028. Several factors, including urbanization, increasing disposable income, and government initiatives, […]