Published on : Jul 07, 2016
ALBANY, New York, July 07, 2016: ResearchMoz.us announces the addition of a new report, titled ‘Saudi Arabia: Operators Will Focus on Mobile Network Enhancements and Enterprises to Drive Growth,’ to its growing collection of market intelligence. The report studies the telecom services market in Saudi Arabia, the various factors affecting its growth, and the expected development of the sector in the coming years. The report presents a comparative study of the Saudi Arabia telecom services market and the overall Middle East and Africa telecom services market to discuss the role played by the former in the latter. The report is titled ‘Saudi Arabia: Operators Will Focus on Mobile Network Enhancements and Enterprises to Drive Growth’ and is available for sale on the official website of ResearchMoz.us.
The Saudi Arabia telecom services sector has grown rapidly in the last few years, with the increasing urbanization in the region leading to an increasing demand for telecom and related services. The telecommunications market in Saudi Arabia is expected to garner US$18.8 billion in revenue by 2016E, which represents a significant step-up from the market’s 2015 figures. According to the report, the Saudi Arabia telecommunications market is expected to exhibit steady growth in the coming years.
Mobile telephony is expected to become a major part of the Saudi Arabia telecommunications market in the coming years. The growing demand for mobile and fixed data is another key aspect of the Saudi Arabia telecom services market. The service revenue for both is expected to increase swiftly in the coming years with the increasing urbanization and the expanding corporate sector in the country, with mobile data expected to become the largest segment of the overall market by 2020.
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Enterprise telecom services and VoIP (voice over Internet protocol) services are also two of the most important components of the Saudi Arabia telecommunications market. Operators in the market are also investing heavily on the development of LTE and LTE-A networks as well as fiber. This will allow the Saudi Arabia telecom services market to cash in on the increasing commercial potential of M2M, IoT, and cloud services.
The regulatory framework of the Saudi Arabia telecom services market is examined in the report in detail, with 18- to 24-month forecasts provided for the key regulatory setting. Major expected developments in the Saudi Arabia telecom market are also profiled in brief in the report. The report provides a close look at the commercial breakdown of the Saudi Arabia telecom services market, with 2013-2020 figures for the revenue earned from voice, video, and data services provided in the report.
In terms of the competitive landscape, the report examines the major trends in the market and forecasts for major players. STC is expected to dominate the Saudi Arabia telecom services market in the coming years, followed by other leading players such as Zain KSA and Mobily. Enterprise-centric services such as M2M are expected to become a major part of the product portfolio of major players in the Saudi Arabia market in the coming years.
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