Saudi Arabia, a country known for its rich history and culture, is also making waves in the telecom industry. With a steady growth in mobile data, pay-TV, and fixed broadband segments, the total telecom and pay-TV services revenue in Saudi Arabia is expected to grow at a CAGR of more than 5% during the period of 2023-2028. This growth is supported by the national spectrum strategy 2025 and the smart city project, which are driving innovation and development in the telecom sector.
The Saudi Arabia Telecom Operators Country Intelligence report provides an executive-level overview of the telecom services market in the country, with detailed forecasts of key indicators up to 2028. This annual report offers insights into the near-term opportunities, competitive dynamics, and evolution of demand by service type and technology/platform across fixed telephony, broadband, mobile, and pay-TV markets. Additionally, it reviews key regulatory trends that are shaping the telecom landscape in Saudi Arabia.
The regulatory environment in Saudi Arabia is evolving rapidly, with the Communications, Space, and Technology Commission recently announcing the fifth frequency spectrum auction targeting International Mobile Telecommunications services. This initiative aims to expand 5G network coverage, improve service quality along transportation routes, enhance internet speeds, and increase investments in wireless services. Moreover, the telecom regulator and Ministry of Communication and Information Technology have designed a sustainability framework to achieve sustainable growth in the ICT sector, aligning with Saudi Vision 2030 and the United Nations‘ sustainable development goals.
In terms of market analysis by service, the report delves into mobile services, fixed services, and pay-TV services. The mobile services market in Saudi Arabia is expected to see a shift towards OTT-based communication apps, leading to a decline in average monthly mobile voice usage. On the other hand, the fixed services market is projected to witness growth in VoIP lines, supported by investments in fiber-optic network coverage. The pay-TV services market is also set to grow, with subscription gains in the DTH and IPTV segments.
Leading telecom companies in Saudi Arabia include Saudi Telecom Company (STC), Mobily, Zain KSA, and Go Telecom. STC leads the mobile, fixed voice, fixed broadband, and pay-TV segments, with a focus on offering data-centric packages and expanding 5G coverage. The competitive landscape in the telecom sector is dynamic, with companies vying for market share and innovation to meet the evolving needs of consumers.
Overall, the Saudi Arabia Telecom Operators Country Intelligence report offers a comprehensive analysis of the telecom services market in the country, providing valuable insights for industry stakeholders. With a focus on regulatory trends, market analysis by service, and competitive landscape, the report equips executives with the information needed to make informed decisions and drive growth strategies in the dynamic telecom industry of Saudi Arabia.
