Telecom Market In Saudi Arabia 2024-2028
The telecom market in Saudi Arabia is forecasted to grow by USD 3.06 bn during 2023-2028, accelerating at a CAGR of 3.15% during the forecast period. The report on the telecom market in Saudi Arabia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for broadband, surge in global mobile data traffic, and growing investments in smart city projects.
Technavio's telecom market in Saudi Arabia is segmented as below:
By End-user
By Type
By Application
By Geographical Landscape
This study identifies the growing investment in development and commercialization of 5g network as one of the prime reasons driving the telecom market in Saudi Arabia growth during the next few years. Also, rise in strategic partnership and acquisition in telecom market in Saudi Arabia and increased artificial intelligence (AI)-assisted customer service in telecom market in Saudi Arabia will lead to sizable demand in the market.
The report on the telecom market in Saudi Arabia covers the following areas:
- Telecom market in Saudi Arabia sizing
- Telecom market in Saudi Arabia forecast
- Telecom market in Saudi Arabia industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading telecom market in Saudi Arabia vendors that include Etihad Etisalat Co., Huawei Technologies Co. Ltd., Nokia Corp., Orange SA, Proximus Group, Saudi Telecom Co., Telefonaktiebolaget LM Ericsson, Teleperformance SE, Vodafone Group Plc, and Zain Group. Also, the telecom market in Saudi Arabia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.