Saudi Arabia Telecom Services Industry Revenue to Reach USD 18.8 Bn by 2016, Says Pyramid Research in Its Study Published at MarketPublishers.com30 Jun 2016 • by Natalie Aster
LONDON – The Saudi Arabian telecom services industry is set to reach a total of 18.8 billion in revenue by 2016, an upsurge from 2015. Moving forwards, the country will see the revenue rising annually, with the fixed and mobile data segments acting as the primary growth drivers. Mobile data is poised to capture the lion’s portion of the overall telecom services sector revenue by 2020. Telecoms operators have a chance to gain from the opportunities present in offering VoIP, enterprise services, and mobile data.
The national telecom marketplace is likely to be led by incumbent Saudi Telecom Company (STC) as the key mobile and fixed line operator, with Mobily and Zain KSA following after. The intensification of the competition in the industry is anticipated to result in operators pouring money into network infrastructure and venturing into enterprise-centric IoT, M2M and cloud computing services.
In-demand report “Saudi Arabia: Operators Will Focus on Mobile Network Enhancements and Enterprises to Drive Growth” developed by Pyramid Research is devoted to an all-round telecom market analysis on a country-level. It examines the market size and trends in Saudi Arabia as against other countries in the Middle East and Africa region; reviews the country’s demographic, economic, and political context; discusses the regulatory framework and trends; gives an analysis and historical data and forecasts of revenue from the fixed Internet, fixed telephony, mobile voice and data, and pay-TV services segments; takes a look at the services’ evolution from 2013 up to 2020. The study canvasses the competitive scenario examining key trends in competition and in the performance, market shares (by revenue) and anticipated moves of domestic service providers. An in-depth sector analysis is included, too. The report uncovers the new opportunities opened up for vendors, operators and investors in the naitonal telecommunications market.
More insightful market reports elaborated by this publisher can be found at Pyramid Research page.