Telecommunication Services in Middle East
Summary
Telecommunication Services in Middle East industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The telecommunication services market is defined as the total volume and value of both the fixed line and the wireless telecommunications market. The market volume here is defined as the number of fixed-line and wireless subscriptions.
- The Middle Eastern telecommunication services market recorded revenues of $31.7 billion in 2023, representing a compound annual growth rate (CAGR) of 2.2% between 2018 and 2023.
- The market consumption volume increased with a CAGR of 5.3% between 2018 and 2023, to reach a total of 261.4 million subscriptions in 2023.
- The growth of the market was attributed to the increasing mobile penetration. According to the World Bank, mobile penetration in Saudi Arabia reached 133.2 per 100 people in 2023, an increase of 0.6% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the telecommunication services market in Middle East
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in Middle East
- Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East telecommunication services market with five year forecasts
- What was the size of the Middle East telecommunication services market by value in 2023?
- What will be the size of the Middle East telecommunication services market in 2028?
- What factors are affecting the strength of competition in the Middle East telecommunication services market?
- How has the market performed over the last five years?
- How large is Middle East’s telecommunication services market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market volume
- 1.2. Market volume forecast
- 1.3. Market rivalry
- 1.4. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market volume
- 4 Market Outlook
- 4.1. Market volume forecast
- 5 Five Forces Analysis
- 5.1. Summary
- 5.2. Buyer power
- 5.3. Supplier power
- 5.4. New entrants
- 5.5. Threat of substitutes
- 5.6. Degree of rivalry
- 6 Competitive Landscape
- 6.1. Who are the leading players?
- 6.2. What strategies do the leading players follow?
- 6.3. What are the most recent market developments?
- 7 Company Profiles
- 7.1. Saudi Telecom Company
- 7.2. Emirates Telecommunications Group Company PJSC
- 7.3. Etihad Etisalat Company
- 8 Macroeconomic Indicators
- 8.1. Country data
- 9 Appendix
- 9.1. Methodology
- 9.2. Industry associations
- 9.3. Related MarketLine research
- 9.4. About MarketLine
- List of Tables
- Table 1: Middle East telecommunication services market volume: million Subscriptions, 2018-23
- Table 2: Middle East telecommunication services market volume forecast: million Subscriptions, 2023-28
- Table 3: Saudi Telecom Company: key facts
- Table 4: Saudi Telecom Company: Annual Financial Ratios
- Table 5: Saudi Telecom Company: Key Employees
- Table 6: Emirates Telecommunications Group Company PJSC: key facts
- Table 7: Emirates Telecommunications Group Company PJSC: Annual Financial Ratios
- Table 8: Emirates Telecommunications Group Company PJSC: Key Employees
- Table 9: Emirates Telecommunications Group Company PJSC: Key Employees Continued
- Table 10: Etihad Etisalat Company: key facts
- Table 11: Etihad Etisalat Company: Annual Financial Ratios
- Table 12: Etihad Etisalat Company: Key Employees
- Table 13: Middle East size of population (million), 2019-23
- Table 14: Middle East real gdp (constant 2010 prices, $ billion), 2019-23
- Table 15: Middle East gdp (current prices, $ billion), 2019-23
- Table 16: Middle East inflation, 2019-23
- Table 17: Middle East consumer price index (absolute), 2019-23
- Table 18: Middle East exchange rate, 2018-23
- List of Figures
- Figure 1: Middle East telecommunication services market volume: million Subscriptions, 2018-23
- Figure 2: Middle East telecommunication services market volume forecast: million Subscriptions, 2023-28
- Figure 3: Forces driving competition in the telecommunication services market in the Middle East, 2023
- Figure 4: Drivers of buyer power in the telecommunication services market in the Middle East, 2023
- Figure 5: Drivers of supplier power in the telecommunication services market in the Middle East, 2023
- Figure 6: Factors influencing the likelihood of new entrants in the telecommunication services market in the Middle East, 2023
- Figure 7: Factors influencing the threat of substitutes in the telecommunication services market in the Middle East, 2023
- Figure 8: Drivers of degree of rivalry in the telecommunication services market in the Middle East, 2023
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