Press Release

Saudi Arabia Telecom ICT Infrastructure to Grow at a Steady Rate until 2025

Increasing mobile and internet penetration in the country to drive growth of Saudi Arabia telecom ICT infrastructure market

According to TechSci Research report, Saudi Arabia Telecom ICT Infrastructure Market By Component (Hardware, Software, Services), By Deployment Mode (Cloud v/s On-Premises), By Network Type (Fixed v/s Wireless), By End User (Telecom Service Providers, Enterprises, Government, Ohers), By Region, Forecast & Opportunities, 2025, the Saudi Arabia telecom ICT infrastructure market is expected to grow at a steady rate during the forecast period on account of the increasing consumer spending and growing popularity of smart devices especially among the working population and youth. Furthermore, increasing broadband and mobile penetration is expected to drive the market until 2025. The growing Bring Your Own Device (BYOD) trend is also resulting in demand for improving telecom connectivity across various enterprises. It offers flexibility for employees in working from home, client location or in transit thereby propelling the market during the forecast period. The launch of 5G is a major factor bolstering the growth of market. The supportive government initiatives for commercialization of 5G network are propelling the market. Furthermore, upgradation of existing telecom infrastructure by the telecom service providers in the country is further spurring the market growth. The telecom service providers are extending their network coverage and are offering more efficient and cost effective services. The flourishing connected devices market is also positively impacting the growth of market. Also, increasing cellular internet penetration coupled with the growing adoption of cloud is anticipated to fuel the market through 2025. However, increasing rate of cybercrime over the wireless telecom network can hamper the growth of market during forecast period.

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The Saudi Arabia telecom ICT infrastructure market is segmented based on component, deployment mode, network type, end user, company and region. Based on component, the market can be categorized into hardware, software and service. The hardware segment can further be segmented into networking equipment, transmitting device and end point device. The networking equipment hardware component is expected to hold a significant share in the market owing to the increasing proliferation of high speed mobile data and launch of 5G in the kingdom. Based on end users, the market can be segmented into telecom service providers, enterprises, government and others. The enterprises segment is expected to witness growth over the next few years. Saudi Arabia’s robust macroeconomic fundamentals and stable growth outlook are likely to spur the establishment of new businesses. This coupled with the growing need for sophistication and better operational efficiency amongst Saudi companies, especially SMEs, bodes well for the enterprise segment.

ZTE Corporation, Ciena Corporation, Cisco Systems, Inc, CommScope, Inc, Fortinet, Inc, Fujitsu Ltd, Huawei Technologies Co., Ltd, Juniper Networks and others are some of the leading players operating in Saudi Arabia telecom ICT infrastructure market. The companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

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“Saudi Arabia Telecom ICT Infrastructure market is expected to witness robust growth during the forecast period. This can be ascribed to the launch of 5G in the country. 5G is expected to bring in a new wave of investments, along with opportunities, for telecommunication. Saudi Arabian telecom industry is betting big on 5G and some of the key players operating in the market have already announced their plans for 5G roll-out, thereby propelling the growth of market in the country.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Saudi Arabia Telecom ICT Infrastructure Market By Component (Hardware, Software, Services), By Deployment Mode (Cloud v/s On-Premises), By Network Type (Fixed v/s Wireless), By End User (Telecom Service Providers, Enterprises, Government, Ohers), By Region, Forecast & Opportunities, 2025 has evaluated the future growth potential of Saudi Arabia telecom ICT infrastructure market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Saudi Arabia telecom ICT infrastructure market.

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