
“While most of the tech sector comprises companies with fewer than 50 employees, it is the businesses that grow larger that can provide the most benefit. Scaled companies tend to pay higher average wages, are likely to keep growing once they surpass 50 employees, and can be more resilient during economic downturns. Riyadh’s active tech companies that have reached scale tend to be older companies that have taken many years to reach that size. Now is the time to devote resources to help newer companies achieve their potential.”
Mapping the Riyadh Tech Sector [Endeavor Insight]