The GCC Telecom Market size is estimated at USD 76.13 billion in 2024, and is expected to reach USD 128.67 billion by 2029, growing at a CAGR of 11.07% during the forecast period (2024-2029).
The GCC telecom market is becoming moderately consolidated. Some major players in the market include e& Etisalat, Saudi Telecom Company (STC), and Oman Telecommunications Company (Omantel), among others. The market also hosts several internet service providers (ISPs), MVNOs, and fixed-line service providers. These players focus on deploying 5G networks and increasing network capacity across the region to remain competitive in the market. For instance,
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