The Saudi Arabia telecom market size is projected to grow during the forecast period, between 2021 and 2028. 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.
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 |
Details |
Report Title |
Telecom Market - Saudi Arabia Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
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) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Market scope, analysis, share, competitive analysis, Divers, restraints, opportunities, and revenue forecast |
Key Players Covered in the Report |
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. |
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.
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.
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.
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.
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