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.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " Saudi Arabia Telecom ICT Infrastructure
Market"
https://www.techsciresearch.com/report/saudi-arabia-telecom-ict-infrastructure-market/4581.html
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.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4581
Customers can
also request for 10% free customization on this report.
“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.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]