Telecommunication Services in Saudi Arabia
Summary
Telecommunication Services in Saudi Arabia 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 Saudi Arabian telecommunication services market recorded revenues of $14.9 billion in 2023, representing a compound annual growth rate (CAGR) of 2.5% between 2018 and 2023.
- The market consumption volume increased with a CAGR of 4.9% between 2018 and 2023, to reach a total of 70.8 million subscriptions in 2023.
- The growth in the market is attributed to the increase in 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, major segments, and leading players in the telecommunication services market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in Saudi Arabia
- 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 Saudi Arabia telecommunication services market with five year forecasts
- What was the size of the Saudi Arabia telecommunication services market by value in 2023?
- What will be the size of the Saudi Arabia telecommunication services market in 2028?
- What factors are affecting the strength of competition in the Saudi Arabia telecommunication services market?
- How has the market performed over the last five years?
- What are the main segments that make up Saudi Arabia's telecommunication services market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. Saudi Telecom Company
- 8.2. Etihad Etisalat Company
- 8.3. Mobile Telecommunications Company Saudi Arabia
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Saudi Arabia telecommunication services market value: $ billion, 2018-23
- Table 2: Saudi Arabia telecommunication services market volume: million Subscriptions, 2018-23
- Table 3: Saudi Arabia telecommunication services market category segmentation: % share, by value, 2018-2023
- Table 4: Saudi Arabia telecommunication services market category segmentation: $ billion, 2018-2023
- Table 5: Saudi Arabia telecommunication services market geography segmentation: $ billion, 2023
- Table 6: Saudi Arabia telecommunication services market value forecast: $ billion, 2023-28
- Table 7: Saudi Arabia telecommunication services market volume forecast: million Subscriptions, 2023-28
- Table 8: Saudi Telecom Company: key facts
- Table 9: Saudi Telecom Company: Annual Financial Ratios
- Table 10: Saudi Telecom Company: Key Employees
- Table 11: Etihad Etisalat Company: key facts
- Table 12: Etihad Etisalat Company: Annual Financial Ratios
- Table 13: Etihad Etisalat Company: Key Employees
- Table 14: Mobile Telecommunications Company Saudi Arabia: key facts
- Table 15: Mobile Telecommunications Company Saudi Arabia: Annual Financial Ratios
- Table 16: Mobile Telecommunications Company Saudi Arabia: Key Employees
- Table 17: Saudi Arabia size of population (million), 2019-23
- Table 18: Saudi Arabia real gdp (constant 2010 prices, $ billion), 2019-23
- Table 19: Saudi Arabia gdp (current prices, $ billion), 2019-23
- Table 20: Saudi Arabia inflation, 2019-23
- Table 21: Saudi Arabia consumer price index (absolute), 2019-23
- Table 22: Saudi Arabia exchange rate, 2018-23
- List of Figures
- Figure 1: Saudi Arabia telecommunication services market value: $ billion, 2018-23
- Figure 2: Saudi Arabia telecommunication services market volume: million Subscriptions, 2018-23
- Figure 3: Saudi Arabia telecommunication services market category segmentation: $ billion, 2018-2023
- Figure 4: Saudi Arabia telecommunication services market geography segmentation: % share, by value, 2023
- Figure 5: Saudi Arabia telecommunication services market value forecast: $ billion, 2023-28
- Figure 6: Saudi Arabia telecommunication services market volume forecast: million Subscriptions, 2023-28
- Figure 7: Forces driving competition in the telecommunication services market in Saudi Arabia, 2023
- Figure 8: Drivers of buyer power in the telecommunication services market in Saudi Arabia, 2023
- Figure 9: Drivers of supplier power in the telecommunication services market in Saudi Arabia, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the telecommunication services market in Saudi Arabia, 2023
- Figure 11: Factors influencing the threat of substitutes in the telecommunication services market in Saudi Arabia, 2023
- Figure 12: Drivers of degree of rivalry in the telecommunication services market in Saudi Arabia, 2023
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook