Saudi Arabia Mobile Network ICT Infrastructure Services Market to Grow at 10.71% CAGR through 2027
Saudi
Arabia mobile network ICT infrastructure services market is anticipated to grow
with growing IoT services in the forecast period, 2023-2027F.
According to TechSci report on, “Saudi Arabia Mobile Network ICT Infrastructure Services Market - By
Region, Competition Forecast & Opportunities, 2027”
Saudi
Arabia mobile network ICT infrastructure services market was valued at
USD274.67 million in 2021 and is anticipated to grow at a CAGR of 10.71% during
the forecast period, 2023-2027, to reach the market value of USD504.64 million
by 2027F. Rising adaptations of internet-based services and growing cloud
technologies in the country are actively driving the growth of the Saudi Arabia
mobile network ICT infrastructure services market in the upcoming five years.
The telecom industry in the country is rapidly expanding. The rising
competitiveness in the telecom industry and rapidly increasing number of the
market players are supporting the growth of the Saudi Arabia mobile network ICT
infrastructure services market in the next five years. Moreover, technological
advancements like the utilization of system integration solutions such as OSS
(Operational Support Systems) and BSS (Business Support Systems) will also aid
the growth of the Saudi Arabia mobile network ICT infrastructure services
market in the future five years.
Rising internet penetration in the country, along
with the growing demand for cellular interaction among various stakeholders,
also aids the growth of the Saudi Arabia mobile network ICT infrastructure
services market in the forecast years through 2027. Growing and expanding
corporate sector in the country is further supporting the growth of the Saudi
Arabia mobile network ICT infrastructure services market in the forecast
period. The demands for mobile network ICT infrastructure services are increasing
due to rising security concerns. To overcome the issues of data theft, secured
connection request, and growing demand for safe data transmission, demands for
the mobile network ICT infrastructure services are increasing and thus aiding
the growth of the Saudi Arabia mobile network ICT infrastructure services
market in the future five years.
Browse over 38 market data figures spread
through 113 pages and an in-depth TOC on "Saudi Arabia Mobile Network ICT
Infrastructure Services Market"
https://www.techsciresearch.com/report/saudi-arabia-mobile-network-ict-infrastructure-services-market/9503.html
The Saudi Arabia mobile network ICT infrastructure
services market is segmented on the basis of service type, deployment mode, end
user, regional distribution, and competitive landscape. Based on service type,
the market is further segmented into deployment service, professional service,
managed service, maintenance service, and neutral hosting service. Managed
services are anticipated to grow with the fastest growing CAGR value of 11.18%
in the forecast period due to surging demand for the on-premises management of
internet-based services. Deployment services are expected to hold the largest
revenue shares of the market and dominate the market segment in the upcoming
five years on the ground of increasing cloud computing services. Growing
demands for the on-premises deployment of the mobile network ICT infrastructure
services further support the growth of the Saudi Arabia mobile network ICT
infrastructure services market in the next five years.
Based on deployment mode, the market is fragmented
into on-premises and cloud.
Based on end user, the market is further segmented
into mobile network service vendor, government, enterprise, and others.
The market is also analyzed on the basis of regions
of the country, differentiated among Central region, Western region, Eastern
region, and the rest of Saudi Arabia.
A partial list of major market players in the Saudi
Arabia mobile network ICT infrastructure services market includes:
·
Advanced Communications and Electronic
Systems Co.
·
Modern Technology Company, Ltd (MOTECO)
·
Arabian Development & Marketing Co., Ltd.
·
WiConnect
·
Shabakkat KSA
·
Iman Group
·
Mobiserve
·
CommScope Saudi Arabia LLC
·
Virgin Mobile Saudi Consortium LLC
·
Saudi Telecom Company
·
Tawal
·
Zain Saudi Arabia
·
Alia ICT
·
Seder Group
·
Etihad Etisalat Company (Mobily)
·
NourNet
·
Salam
·
MDS Arabia
·
Bazy Trading & Contracting Co. Ltd
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“Saudi Arabia telecom industry expansion is highly
dependent on the rapid adaptation of the technological advancement in the
products and services of the industry. The growing presence of several IT
companies and growing investment in the sector are majorly responsible for the
growth of the Saudi Arabia mobile network ICT infrastructure services market in
the upcoming five years. Growing incidences of data theft and security concerns
regarding communication services have driven companies to opt for specially
designed services that can provide real end-to-end encryption and save the data
from any security breach. New market players may focus on overcoming the current
market challenges like high operational costs of the mobile network ICT
infrastructure services and high deployment costs. Affordable services would
invite higher demands from the small-scale companies,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Saudi Arabia Mobile Network ICT infrastructure
Services Market By Service Type (Deployment Service, Professional Service,
Managed Service, Maintenance Service, Neutral Hosting Service), By Deployment
Mode (Cloud, On-Premises), By End User (Mobile Network, Service Vendor,
Enterprise, Government, Others) By Region, Competition, Forecast and
Opportunities, 2017-2027” has evaluated the future growth
potential of Saudi Arabia mobile network ICT infrastructure services 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 mobile network ICT infrastructure services market.
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