Report Description
The Saudi Arabia telecom market size was valued at USD 44 Billion in 2022 and is likely to reach USD 59.45 Billion by 2031, expanding at a CAGR of 3.4% during the forecast period, 2023–2031.
The growing use of smartphones, up-gradating technologies and infrastructure, and emerging economies are boosting the market. In Saudi Arabia, the telecom industry is significantly expanding after the liberalization in 2003. The country has made an extremely competitive telecom market.
The liberalization creates opportunities for the market in terms of the entry of foreign investments and market players, and growing support by the government. The GCC region is the most populous nation in Saudi Arabia comprising the majority of young people. The licensing of MVNO services aims to provide choice for the users by offering innovative services, and new applications to enhance customer services.
Market Trends, Drivers, Restraints, and Opportunities:
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Rising demand from the young population associated with the growing use of technology, and increasing telecommunication services are boosting the market.
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Growing adoption of open access model and 5G home broadband services is fueling the Saudi Arabia telecom market.
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Increasing initiatives by the government to provide Fibre-to-the-Home (FTTH) broadband services to consumers are driving the market.
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Complexity in transitioning to 5G from 2G, 3G, and 4G networks is hampering the Saudi Arabia telecom market.
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Difficulty in maintaining and providing a cost-effective solution to the customers is hindering the market.
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The agreements signed between the major market players such as STC, Zain, and Mobily to encourage competition by enhancing customer service quality are creating opportunities in the market.
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Increasing foreign investment and technological development in the telecom industry such as AI and IoT are creating opportunities in the market.
Scope of the Report:
The report on the Saudi Arabia telecom market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes
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Details
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Report Title
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Telecom Market - Saudi Arabia Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Packaging Types (Surface-mount Device Package and Chip-scale Package), Bands (MHz Band and kHz Band), Applications (Automotive, Consumer Electronics, Industrial, Mobile devices, Military & Aerospace, Networking, Server, Storage, Telecommunications, Wearable & Internet of Things, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Market scope, analysis, share, competitive analysis, Divers, restraints, opportunities, and revenue forecast
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Key Players Covered in the Report
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SiTime Corporation (U.S.), Microchip Technology Inc. (U.S.), Vectron International, Inc. (U.S.), Abracon Holdings, LLC (U.S.), Daishinku Corp. (Japan), Ecliptek Corporation (U.S.), Jauch Quartz GmbH (Germany), IQD Frequency Products Limited (U.K.), ILSI America LLC (U.S.), and Raltron Electronics Corporation (U.S.), Rakon ltd.
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Saudi Arabia Telecom Market Segment Insights:
Broadband segment to grow in the forecasted period
Based on types, the Saudi Arabia telecom market is segmented into mobiles, fixed-lines, and broadband. The broadband segment is expected to hold a significant share of the market during the forecast period. Broadband is widely available through digital subscriber line (DSL), wireless, and fibers.
The growth in the broadband segment is attributed to the growing deployment of fiber-based broadband in Saudi Arabia. Moreover, the Ministry of Communications and STC signed an agreement for implementing the third phase of the broadband project in remote areas that provide a download speed of 10Mbps to 70% of residential s, which is expected to boost the segment during the forecast period.
Residential segment to grow at a significant pace in the near future
On the basis of end-users, the Saudi Arabia telecom market is segregated into residential, corporate, and government. The residential segment is expected to hold a significant share of the market during the forecast period, associated with increasing initiatives by the government to provide telecom facilities to the residential sector.
The government of Saudi Arabia aims to improve high-speed broadband connectivity in rural areas such as Riyadh, Qassim, Makkah, Madinah, Al Bahah, Tabuk, Jazan, Hail, Asir, and Najran, in the coming years. The target includes 90% densely populated housing coverage in urban areas.
Additionally, the country has set a goal to connect residential with ultra-fast Fibre-to-the-Home (FTTH) broadband networks. These factors are anticipated to propel the segment during the forecast period.
Segments
By Types
- Mobiles
- Fixed-Lines
- Broadband
By End-users
- Residential
- Cooperates
- Government
By Key Players
Competitive Landscape
Key players in the Saudi Arabia telecom market include Arabsat, Etihad Atheeb Telecommunication Company, MOBILY, Salam, Saudi Telecom Company, Virgin Mobile Saudi Consortium L.L.C., and Zain. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Telecom Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Telecom Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Telecom Market - Supply Chain
4.5. Global Telecom Market Forecast
4.5.1. Telecom Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Telecom Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Telecom Market Absolute $ Opportunity
5. Global Telecom Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Telecom Market Size and Volume Forecast by Types
5.3.1. Mobiles
5.3.2.
Fixed-Lines
5.3.3.
Broadband
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Telecom Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Telecom Market Size and Volume Forecast by End Users
6.3.1. Residential
6.3.2.
Cooperates
6.3.3.
Government
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Telecom Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Telecom Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Telecom Demand Share Forecast, 2019-2026
8. North America Telecom Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Telecom Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Telecom Market Size and Volume Forecast by Types
8.4.1. Mobiles
8.4.2.
Fixed-Lines
8.4.3.
Broadband
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Telecom Market Size and Volume Forecast by End Users
8.7.1. Residential
8.7.2.
Cooperates
8.7.3.
Government
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Telecom Demand Share Forecast, 2019-2026
9. Latin America Telecom Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Telecom Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Telecom Market Size and Volume Forecast by Types
9.4.1. Mobiles
9.4.2.
Fixed-Lines
9.4.3.
Broadband
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Telecom Market Size and Volume Forecast by End Users
9.7.1. Residential
9.7.2.
Cooperates
9.7.3.
Government
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Telecom Demand Share Forecast, 2019-2026
10. Europe Telecom Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Telecom Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Telecom Market Size and Volume Forecast by Types
10.4.1. Mobiles
10.4.2.
Fixed-Lines
10.4.3.
Broadband
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Telecom Market Size and Volume Forecast by End Users
10.7.1. Residential
10.7.2.
Cooperates
10.7.3.
Government
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Telecom Demand Share Forecast, 2019-2026
11. Asia Pacific Telecom Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Telecom Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Telecom Market Size and Volume Forecast by Types
11.4.1. Mobiles
11.4.2.
Fixed-Lines
11.4.3.
Broadband
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Telecom Market Size and Volume Forecast by End Users
11.7.1. Residential
11.7.2.
Cooperates
11.7.3.
Government
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Telecom Demand Share Forecast, 2019-2026
12. Middle East & Africa Telecom Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Telecom Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Telecom Market Size and Volume Forecast by Types
12.4.1. Mobiles
12.4.2.
Fixed-Lines
12.4.3.
Broadband
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Telecom Market Size and Volume Forecast by End Users
12.7.1. Residential
12.7.2.
Cooperates
12.7.3.
Government
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Telecom Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Telecom Market: Market Share Analysis
13.2. Telecom Distributors and Customers
13.3. Telecom Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Arabsat
13.4.2.
Etihad Atheeb Telecommunication Company
13.4.3.
MOBILY
13.4.4.
Salam
13.4.5.
Saudi Telecom Company
13.4.6.
Virgin Mobile Saudi Consortium L.L.C
13.4.7.
Zain