51 IT services & software companies in Riyadh ranked by 1-year headcount growth. The top 10 are free below, each with a short data note. The full ranked list of 51 is a CSV + Excel download.
Edition October 2026 · updated 2026-10-09 · source: licensed B2B firmographic and technographic data
Key numbers
- Median 1-year headcount growth: 42.9% across 51 companies (range 15.9% to 266.6%). 6 of 51 at least doubled their headcount; 1 figure above 200% is labelled estimated.
- Size mix: 10–19 employees: 14, 20–49 employees: 12, 50–99 employees: 6, 100–249 employees: 13, 250–499 employees: 5, 500–999 employees: 1. The most common band is 10–19 (27%).
- Main sub-industries: Custom Software & IT Services (36), Financial Software (5), Customer Relationship Management (CRM) Software (3).
- Largest company on the list: ATSS- Advanced Telecommunications Solutions and Services, KSA (500–999 employees, 31.0% growth). 26 of 51 have fewer than 50 employees.
- Versus the whole October 2026 dataset (3246 companies), this page's median is higher: 42.9% vs 22.1%.
- Same sector by city (median growth): Riyadh 42.9% (n=51), Abu Dhabi 17.6% (n=50), Doha 18.8% (n=50), Dubai 50.9% (n=50), Jeddah 14.2% (n=41), Kuwait City 14.0% (n=33), Manama 11.7% (n=21), Muscat 17.0% (n=19), Sharjah 15.7% (n=14), Dammam 16.9% (n=13).
- Same location by sector (median growth): IT services & software 42.9% (n=51), construction 36.0% (n=50), manufacturing 32.3% (n=50), professional services 31.5% (n=51), retail & e-commerce 29.7% (n=50), facilities management & cleaning 21.0% (n=15), real estate 16.0% (n=23), freight & logistics 15.3% (n=28), education & training 13.9% (n=50), hospitality & restaurant 12.8% (n=30), marketing & advertising agency 11.8% (n=47), healthcare & clinic 9.6% (n=15).
Top 10 by headcount growth
| # | Company | Industry | Size band | 1-yr growth |
|---|---|---|---|---|
| 1 | Mittal Technology Solutions | Custom Software & IT Services | 20–49 | 266.6% (estimated) |
| 2 | SSSiT | Custom Software & IT Services | 250–499 | 200.0% |
| 3 | Musanada | Custom Software & IT Services | 20–49 | 200.0% |
| 4 | Addar Group | Custom Software & IT Services | 50–99 | 147.0% |
| 5 | Taknia Telecom | Custom Software & IT Services | 20–49 | 114.2% |
| 6 | Fastnet | Custom Software & IT Services | 10–19 | 100.0% |
| 7 | Target Reach | Custom Software & IT Services | 50–99 | 95.2% |
| 8 | Encopedia | Custom Software & IT Services | 20–49 | 73.3% |
| 9 | HOI Consulting | Custom Software & IT Services | 100–249 | 70.0% |
| 10 | Lucidya | Customer Relationship Management (CRM) Software | 250–499 | 68.6% |
| + 41 more companies, ranked 11–51, in the full list | ||||
#1 Mittal Technology Solutions
Headcount grew an estimated 266.6% in 12 months, 6.2× this ranking's median of 42.9%, #1 of 12 companies here in the 20–49-employee band. Based in Riyadh, Saudi Arabia; primary sub-industry: Custom Software & IT Services; revenue band $1M-$5M. Growth above 200% comes from a small starting headcount, so treat it as an estimate.
#2 SSSiT
Headcount grew 200.0% in 12 months, 4.7× this ranking's median of 42.9%, #1 of 5 companies here in the 250–499-employee band. Based in Riyadh, Saudi Arabia; primary sub-industry: Custom Software & IT Services; revenue band $10M-$25M.
#3 Musanada
Headcount grew 200.0% in 12 months, 4.7× this ranking's median of 42.9%, #2 of 12 companies here in the 20–49-employee band. Based in Riyadh, Saudi Arabia; primary sub-industry: Custom Software & IT Services; revenue band $1M-$5M.
#4 Addar Group
Headcount grew 147.0% in 12 months, 3.4× this ranking's median of 42.9%, #1 of 6 companies here in the 50–99-employee band. Based in Riyadh, Saudi Arabia; primary sub-industry: Custom Software & IT Services; revenue band $5M-$10M.
#5 Taknia Telecom
Headcount grew 114.2% in 12 months, 2.7× this ranking's median of 42.9%, #3 of 12 companies here in the 20–49-employee band. Based in Riyadh, Saudi Arabia; primary sub-industry: Custom Software & IT Services; revenue band $5M-$10M.
#6 Fastnet
Headcount grew 100.0% in 12 months, 2.3× this ranking's median of 42.9%, #1 of 14 companies here in the 10–19-employee band. Based in Riyadh, Saudi Arabia; primary sub-industry: Custom Software & IT Services; revenue band $1M-$5M.
#7 Target Reach
Headcount grew 95.2% in 12 months, 2.2× this ranking's median of 42.9%, #2 of 6 companies here in the 50–99-employee band. Based in Riyadh, Saudi Arabia; primary sub-industry: Custom Software & IT Services; revenue band $1M-$5M.
#8 Encopedia
Headcount grew 73.3% in 12 months, 1.7× this ranking's median of 42.9%, #4 of 12 companies here in the 20–49-employee band. Based in Riyadh, Saudi Arabia; primary sub-industry: Custom Software & IT Services; revenue band $1M-$5M.
#9 HOI Consulting
Headcount grew 70.0% in 12 months, 1.6× this ranking's median of 42.9%, #1 of 13 companies here in the 100–249-employee band. Based in Riyadh, Saudi Arabia; primary sub-industry: Custom Software & IT Services; revenue band $1M-$5M.
#10 Lucidya
Headcount grew 68.6% in 12 months, 1.6× this ranking's median of 42.9%, #2 of 5 companies here in the 250–499-employee band. Based in Riyadh, Saudi Arabia; primary sub-industry: Customer Relationship Management (CRM) Software; revenue band $50M-$100M.
Get the full list
CSV + Excel + PDF with every company on this page (name, website, city, industry and sub-industry, size band, employee count, growth and a careers-page search link). We reply with a payment link and send the files the same day. One-time $7, 14-day refund.
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Methodology
Source: licensed B2B firmographic and technographic data, pulled 9 Oct 2026; page updated 2026-10-09. Scope: companies headquartered in the city with 10–500 employees and at least 10 data profiles; the top 50 by 1-year headcount growth per industry, after removing likely local branches of foreign or 1,000+ staff groups; companies with zero or negative growth are left out. Growth is the modelled change in the company's own employee count over the last 12 months; values above 200% are labelled estimated because they come from small headcounts. Location is the company's headquarters city; firms headquartered elsewhere with large local offices are not included, and likely local branches of foreign or 1,000+ staff groups were removed by a name/website rule that can miss some branches. Some companies are local branches of larger groups; the size band is for the local entity. Figures move between monthly editions. Company-level data only: no personal names, emails or phone numbers.
We publish a ranking only when at least 15 companies qualify, and skip a page when its top 10 would repeat another page.
FAQ
- Which IT services & software company in Riyadh grew fastest this year?
- In the October 2026 edition, Mittal Technology Solutions ranks first with 266.6% (estimated) 1-year headcount growth, followed by SSSiT (200.0%) and Musanada (200.0%).
- How fast are IT services & software SMBs in Riyadh growing?
- The median company on this list grew headcount by 42.9% in 12 months. This is a list of fast growers, not a sector average.
- What does "growth" mean here?
- The change in the company's own employee count over the last 12 months, modelled from licensed B2B firmographic data. It is not revenue growth and not a count of open vacancies.
- Why do some figures say "estimated"?
- Growth above 200% usually comes from a small starting headcount, so a few hires move the percentage a lot. We keep these companies but label the figure.
- What is in the paid list?
- All 51 companies on this page with website, city, industry, size band and growth, as CSV and Excel. Company-level only: no personal contact details.
- How often is this updated?
- Monthly. Each edition is dated; this one is October 2026.