Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 617.91 Million

CAGR (2023-2028)

9.32%

Fastest Growing Segment

Cables

Largest Market

Eastern region

 

Market Overview

Saudi Arabia Fibre Optic Components Market was valued at USD 617.91 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 9.32% through 2028. The Saudi Arabia fiber optic components market has witnessed significant growth and transformation in recent years, reflecting the country's commitment to technological advancement and its growing demand for high-speed data transmission and connectivity solutions. Fiber optic components play a pivotal role in enabling the seamless transmission of data, voice, and video over long distances with minimal signal loss. This market encompasses a wide range of components, including optical fibers, connectors, transceivers, amplifiers, and switches, which collectively form the backbone of modern communication networks. One of the key drivers of the fiber optic components market in Saudi Arabia is the government's ambitious Vision 2030 program, which aims to diversify the economy and reduce its reliance on oil exports. To achieve this vision, the country has been heavily investing in expanding its telecommunications infrastructure, which includes the deployment of high-speed fiber optic networks. These networks are essential for supporting various sectors such as healthcare, education, finance, and manufacturing, all of which rely on robust and high-bandwidth communication systems to thrive in the digital age.

The rapid proliferation of 5G technology in Saudi Arabia is another major factor propelling the demand for fiber optic components. 5G networks require a vast network of fiber optic cables to deliver the promised ultra-fast speeds, low latency, and connectivity for the Internet of Things (IoT) devices. As the Kingdom embraces the era of 5G, telecommunications providers are investing heavily in upgrading their networks, spurring the demand for high-quality fiber optic components.

Furthermore, the COVID-19 pandemic has accelerated the adoption of remote work, online education, and telemedicine in Saudi Arabia. These trends have led to an unprecedented increase in data traffic and the need for reliable and high-speed internet connections. Fiber optic components have become indispensable in meeting these demands, as they offer the bandwidth and speed required to support these remote services efficiently. As a result, businesses, educational institutions, and healthcare providers are all investing in fiber optic infrastructure to ensure uninterrupted services. Saudi Arabia's commitment to smart city development projects is also a significant factor contributing to the growth of the fiber optic components market. Smart cities rely on interconnected sensors, cameras, and devices to enhance infrastructure, transportation, and public services. These smart applications generate vast amounts of data that need to be transmitted securely and quickly. Fiber optic networks provide the necessary infrastructure to support these innovations, making them an integral part of the smart city ecosystem.

In terms of specific components, optical fibers are the foundation of any fiber optic network. They are made of high-quality glass or plastic and are responsible for carrying the optical signals over long distances. Saudi Arabia has seen a surge in the installation of optical fiber cables across the country, connecting homes, businesses, and government offices. This deployment has been further facilitated by the National Broadband Plan, which aims to provide high-speed internet access to all regions of the Kingdom. Connectors and transceivers are crucial components that enable the seamless connection of optical fibers and the conversion of optical signals into electrical signals. The demand for these components has grown in tandem with the expansion of fiber optic networks. Businesses and service providers are constantly seeking high-performance connectors and transceivers to ensure the reliability and efficiency of their networks.

Optical amplifiers and switches are other critical components that play a vital role in enhancing the capacity and flexibility of fiber optic networks. Amplifiers boost optical signals, allowing them to travel longer distances without significant loss, while switches enable the routing of data to its destination efficiently. These components are particularly important in data centers, which are essential for the storage and processing of vast amounts of data generated by the digital economy. The Saudi Arabia fiber optic components market is characterized by a competitive landscape with both domestic and international players vying for market share. Local companies are partnering with global technology leaders to leverage their expertise and bring cutting-edge solutions to the Saudi market. This collaboration has not only driven innovation but has also contributed to the localization of manufacturing and assembly operations, aligning with Saudi Arabia's economic diversification goals.

In conclusion, the Saudi Arabia fiber optic components market is experiencing robust growth driven by various factors such as government initiatives, 5G deployment, increased demand for remote services, and smart city projects. As the Kingdom continues to invest in its telecommunications infrastructure and embraces emerging technologies, the demand for high-quality fiber optic components is expected to remain on an upward trajectory. This presents significant opportunities for both domestic and international companies to participate in and contribute to the Kingdom's technological transformation and economic diversification efforts.

Key Market Drivers

Government Investment in Telecommunications Infrastructure

One of the primary drivers of the Saudi Arabia fiber optic components market is the substantial investment made by the government in upgrading and expanding the country's telecommunications infrastructure. As part of its Vision 2030 program, Saudi Arabia aims to diversify its economy and reduce its reliance on oil exports. A crucial aspect of this vision is the development of a robust digital infrastructure to support various sectors, including healthcare, education, finance, and manufacturing. Fiber optic networks form the backbone of this digital infrastructure, enabling high-speed data transmission and connectivity. The government's commitment to modernizing the country's telecommunications infrastructure has resulted in a surge in demand for fiber optic components such as optical fibers, connectors, and transceivers. The National Broadband Plan is a significant initiative within this framework, aiming to provide high-speed internet access to all regions of Saudi Arabia. This plan has led to the extensive deployment of optical fiber cables across the country, connecting homes, businesses, and government institutions. The government's continued investment in telecommunications infrastructure acts as a fundamental driver of growth in the fiber optic components market, as it creates a strong demand for these essential components to support the expansion of high-speed broadband services.

5G Network Deployment

The rapid deployment of 5G technology in Saudi Arabia is another key driver of the fiber optic components market. 5G networks promise ultra-fast data speeds, low latency, and the ability to connect a vast number of devices simultaneously. Achieving these capabilities requires a dense network of fiber optic cables to provide the necessary backhaul and connectivity for 5G base stations. As Saudi Arabia embraces the era of 5G, telecommunications providers are making significant investments in upgrading their networks, which, in turn, fuels the demand for fiber optic components. 5G technology is not limited to faster mobile internet; it has far-reaching implications for industries such as healthcare, transportation, and manufacturing. These industries are increasingly adopting IoT devices and applications that rely on the high bandwidth and low latency offered by 5G. Consequently, the demand for fiber optic components, including optical fibers and transceivers, is expected to continue growing as 5G networks become more widespread.

Increased Demand for Remote Services

The COVID-19 pandemic has accelerated the adoption of remote work, online education, and telemedicine in Saudi Arabia, as it has in many parts of the world. These trends have led to an unprecedented increase in data traffic and the need for reliable and high-speed internet connections. Fiber optic components are essential in meeting these demands, as they offer the bandwidth and speed required to support these remote services efficiently. Businesses, educational institutions, and healthcare providers have all invested in fiber optic infrastructure to ensure uninterrupted services during times of crisis. The ability to transmit data swiftly and with minimal latency has become critical for video conferencing, online learning platforms, and remote healthcare consultations. As remote services continue to be an integral part of the post-pandemic world, the demand for fiber optic components is expected to remain strong, making this a key driver in the Saudi Arabian market.

Smart City Development Projects

Saudi Arabia's commitment to smart city development projects is another significant driver of the fiber optic components market. Smart cities leverage technology to enhance infrastructure, transportation, and public services. These initiatives involve interconnected sensors, cameras, and devices that generate vast amounts of data requiring secure and rapid transmission. Fiber optic networks provide the necessary infrastructure to support these innovations, making them an integral part of the smart city ecosystem. Smart applications in areas such as traffic management, energy efficiency, and public safety rely on real-time data exchange, and fiber optic components play a crucial role in ensuring the seamless flow of information. As Saudi Arabia continues to invest in creating smart and sustainable cities, the demand for high-quality fiber optic components is set to grow, presenting opportunities for manufacturers and providers in the market.


Download Free Sample Report

Key Market Challenges

Regulatory and Compliance Hurdles

One significant challenge facing the Saudi Arabia fiber optic components market relates to regulatory and compliance issues. The telecommunications sector in Saudi Arabia is tightly regulated by government authorities, notably the Communications and Information Technology Commission (CITC). While regulations are essential for ensuring fair competition, consumer protection, and network security, they can also pose challenges for market players. One challenge is the complexity and evolving nature of regulatory requirements. Telecom regulations in Saudi Arabia encompass a wide range of aspects, from licensing and spectrum allocation to technical standards and data privacy. Navigating this regulatory landscape can be cumbersome and time-consuming for both domestic and international fiber optic component providers.

Moreover, compliance with Saudi Arabian regulations often requires local partnerships or joint ventures, which can be challenging for foreign companies looking to enter the market. Strict localization requirements, including manufacturing, assembly, and maintenance operations, can impose additional costs and administrative burdens. Another challenge is the periodic changes and updates to regulations. As technology evolves and new services emerge, the regulatory framework must adapt to address emerging issues. Keeping up with these changes and ensuring continued compliance can be a challenge for market players, particularly smaller companies with limited resources. To thrive in the Saudi Arabian market, fiber optic component providers need to invest in understanding and adhering to the regulatory landscape. This may involve forming strategic partnerships with local firms, staying informed about regulatory updates, and proactively engaging with regulatory authorities to influence policies in ways that benefit the industry.

Intense Competition and Pricing Pressures

Another significant challenge in the Saudi Arabia fiber optic components market is the presence of intense competition, which often leads to pricing pressures. The market is characterized by the participation of both domestic and international players, each vying for market share. While this competition can foster innovation and drive product development, it can also squeeze profit margins and make it challenging to maintain pricing stability. One factor contributing to competitive pressure is the tendency for multiple vendors to offer similar products. Fiber optic components, such as optical fibers, connectors, and transceivers, are commodities with well-defined specifications and standards. As a result, customers often make purchasing decisions based on factors like price, quality, and delivery timelines, which intensifies the competitive environment.

Additionally, the presence of large, well-established global players can make it difficult for smaller, local companies to gain a foothold in the market. These global companies often have economies of scale, advanced R&D capabilities, and the ability to offer competitive pricing, making it challenging for newcomers to compete on equal footing. Furthermore, pricing pressures can be exacerbated by the need to align with local economic conditions. Saudi Arabia has faced economic fluctuations due to factors like fluctuating oil prices and regional geopolitics. This volatility can affect customer budgets and their willingness to invest in fiber optic infrastructure, putting further pressure on pricing strategies.

Key Market Trends

Accelerated 5G Rollout and Demand for High-Bandwidth Solutions

Saudi Arabia's rapid 5G network deployment is a significant market trend driving the demand for fiber optic components. As 5G technology becomes more widespread, there is an increasing need for high-speed and low-latency data transmission. Fiber optic components, such as optical fibers, connectors, and transceivers, are essential for delivering the necessary backhaul and connectivity to support 5G infrastructure. The high-frequency bands used in 5G networks require dense and robust fiber optic networks to ensure the seamless transmission of data. The rollout of 5G is not limited to faster mobile internet; it is a catalyst for various industries, including healthcare, manufacturing, and smart cities. These sectors are adopting IoT devices and applications that depend on high bandwidth and low latency, further propelling the demand for fiber optic components. The trend of accelerated 5G deployment is expected to continue driving market growth as Saudi Arabia positions itself as a leader in 5G technology adoption.

Increased Fiber-to-the-Home (FTTH) and Broadband Expansion

Another significant trend in the Saudi Arabia fiber optic components market is the increased focus on Fiber-to-the-Home (FTTH) and broadband expansion initiatives. The government's National Broadband Plan aims to provide high-speed internet access to all regions of the country, necessitating extensive deployment of optical fiber cables. FTTH solutions are being deployed to connect homes, businesses, and government institutions, enabling faster and more reliable internet services. This trend is driven by the growing demand for high-speed internet access, especially in urban areas. With the increasing reliance on remote work, online education, and digital entertainment, consumers and businesses alike are seeking faster and more stable internet connections. Fiber optic components, including optical fibers and connectors, are crucial for building the last-mile connectivity needed to deliver high-speed broadband services to end-users. The trend towards FTTH and broadband expansion is not limited to urban centers; it also extends to rural and underserved areas, where the government is striving to bridge the digital divide. As these initiatives gain momentum, the demand for fiber optic components is expected to remain strong, making this a prominent trend in the market.

Growing Emphasis on Data Center Infrastructure

The increasing digitalization of services, cloud computing, and the proliferation of data-intensive applications have led to a growing need for data center infrastructure in Saudi Arabia. Data centers play a pivotal role in storing, processing, and managing vast amounts of data generated by businesses, organizations, and government entities. As a result, there is a noticeable trend towards the establishment of data centers across the country. Fiber optic components, particularly optical fibers, connectors, and switches are essential for constructing the high-speed, low-latency data networks that underpin modern data centers. These components enable efficient data transmission, interconnection, and scalability within data center environments. The trend of increasing data center investments is driven by the need for businesses to ensure data security, reliability, and accessibility while meeting the demands of a digitally connected world. Furthermore, the Saudi government's emphasis on digital transformation and e-government services has led to a surge in data center construction to support these initiatives. As businesses and government agencies continue to rely on data centers for their critical operations, the demand for fiber optic components in the context of data center infrastructure is expected to grow steadily, making it a noteworthy trend in the Saudi Arabian market.

Segmental Insights

Data Rate Insights

Based on data rate, the 10G segment has established its dominance in the Saudi Arabia fibre optic components market in 2022 and is projected to maintain this position throughout the forecast period. This segment's supremacy can be attributed to the ever-increasing demand for high-speed data transmission and connectivity solutions across various sectors in the Kingdom. With businesses, government agencies, and consumers seeking faster and more reliable internet services, the 10G segment, offering data rates of 10 gigabits per second, has become the go-to choose for meeting these burgeoning requirements. Whether supporting 5G networks, enabling remote work and online education, or enhancing data center infrastructure, the 10G segment's capabilities have positioned it as the cornerstone of modern communication networks in Saudi Arabia. Its established dominance underscores the market's recognition of the pivotal role played by 10G fiber optic components in ensuring robust and high-performance telecommunications infrastructure for the nation's digital transformation and economic diversification efforts.

Application Insights

Based on application, the communication segment in Saudi Arabia fibre optic components market is expected to register fastest growth during the forecast period. This surge in demand can be attributed to several factors. Firstly, the rapid deployment of 5G technology in the Kingdom has necessitated the expansion and enhancement of communication networks, which rely heavily on fiber optic components to deliver high-speed data transmission and low-latency connectivity. Secondly, the ongoing digital transformation across various industries, including healthcare, finance, and manufacturing, is driving the need for robust communication infrastructure. Additionally, the increased reliance on remote work, online education, and telemedicine services, accelerated by the COVID-19 pandemic, has amplified the demand for efficient and high-bandwidth communication networks. As Saudi Arabia continues to invest in upgrading its telecommunications infrastructure to support these evolving communication needs, the communication segment is expected to experience rapid growth, making it a pivotal driver in the fiber optic components market's expansion in the region.


Download Free Sample Report

Regional Insights

The Eastern region has established itself as the leader in the Saudi Arabia fibre optic components market with a significant revenue share in 2022. This region, which includes major cities such as Riyadh and Dammam, serves as the nation's economic epicenter and technological nucleus. It has rapidly positioned itself as a leader in the adoption of advanced telecommunications infrastructure and fiber optic networks. The Eastern region's prominence can be attributed to its pivotal role in hosting critical industries, including oil and gas, finance, and manufacturing, all of which demand high-speed data transmission and connectivity solutions. The ongoing deployment of 5G networks, coupled with a relentless drive for digital transformation across various sectors, has fueled the demand for fiber optic components in this region. As the Eastern region continues to invest in cutting-edge technology and infrastructure, it is poised to maintain its leadership position, further solidifying its status as the dominant force in the Saudi Arabia fiber optic components market.

Recent Developments

  • In May 2023, the launch of STC Solutions' new fiber optic cable plant in Riyadh marks a significant milestone in Saudi Arabia's telecommunications and technology landscape. As a subsidiary of the Saudi Telecom Company (STC), STC Solutions is well-positioned to play a pivotal role in the development of the country's telecommunications infrastructure. This state-of-the-art facility is poised to contribute significantly to the local production of fiber optic components, reducing the country's dependence on imports for such critical infrastructure. The range of products to be manufactured, including optical fiber, optical fiber cables, and optical fiber connectors, underscores the plant's comprehensive capabilities and its commitment to providing end-to-end solutions for high-speed data transmission. The strategic location of the plant in Riyadh, the capital city, highlights its accessibility and proximity to key markets and industries. Riyadh's prominence as a business and technology hub makes it an ideal choice for such a facility, enabling efficient distribution and support for the rapidly expanding telecommunications networks across the country.
  • In June 2023, Zain Saudi Arabia, as a prominent mobile network operator, has taken a substantial step towards enhancing its network infrastructure by partnering with Corning, a renowned global provider of fiber optic components.  The collaboration aligns perfectly with Saudi Arabia's ambitions of becoming a leader in 5G technology adoption, underpinning the nation's commitment to technological advancement and digital transformation. As 5G networks become increasingly vital for various industries, including healthcare, manufacturing, and smart cities, Zain Saudi Arabia's decision to partner with Corning demonstrates its dedication to delivering cutting-edge telecommunications services to its customers.

Key Market Players

  • STC Solutions Company
  • Furukawa Electric Company Limited
  • Corning Optical Communications Saudi Arabia Limited Liability Company
  • Prysmian Group Saudi Arabia Limited Liability Company
  • Nexans Saudi Arabia Limited Liability Company
  • AFL Global Corporation Saudi Arabia Limited Liability Company
  • Sumitomo Electric Industries, Ltd.
  • Leoni Saudi Arabia Limited Liability Company
  • Belden, Inc.
  • 3M Saudi Arabia Limited Liability Company

By Type

By Data Rate

By Application

By Region

  • Cables
  • Splitters
  • Active Optical Cables
  • Transceivers
  • Amplifiers
  • Circulators
  • Connectors
  • Others
  • 10G
  • 40G
  • 100G
  • Above 100G
  • Distributed Sensing
  • Analytical & Medical Equipment
  • Lighting
  • Communication
  • Other
  • Northern & Central Region
  • Eastern Region
  • Southern Region
  • Western Region

 

Report Scope:

In this report, the Saudi Arabia Fibre Optic Components market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Fibre Optic Components Market, By Type:

o   Cables

o   Splitters

o   Active Optical Cables

o   Transceivers

o   Amplifiers

o   Circulators

o   Connectors

o   Others

  • Saudi Arabia Fibre Optic Components Market, By Data Rate:

o   10G

o   40G

o   100G

o   Above 100G

  • Saudi Arabia Fibre Optic Components Market, By Application:

o   Distributed Sensing

o   Analytical & Medical Equipment

o   Lighting

o   Communication

o   Other

  • Saudi Arabia Fibre Optic Components Market, By Region:

o   Northern & Central Region

o   Eastern Region

o   Southern Region

o   Western Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Fibre Optic Components Market.

Available Customizations:

Saudi Arabia Fibre Optic Components market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Saudi Arabia Fibre Optic Components Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

4.    Impact of COVID-19 on Saudi Arabia Fibre Optic Components Market

5.    Voice of Customer

6.    Saudi Arabia Fibre Optic Components Market Overview

7.    Saudi Arabia Fibre Optic Components Market Outlook

7.1.  Market Size & Forecast

7.1.1.       By Value

7.2.  Market Share & Forecast

7.2.1.      By Type (Cables, Splitters, Active Optical Cables, Transceivers, Amplifiers, Circulators, Connectors and Others)

7.2.2.      By Data Rate (10G, 40G, 100G and Above 100G)

7.2.3.      By Application (Distributed Sensing, Analytical & Medical Equipment, Lighting, Communication, and Other)

7.2.4.      By Region (Northern & Central Region, Eastern Region, Southern Region, and Western Region)

7.2.5.      By Company

7.3.  Market Map

8.    Northern & Central Region Saudi Arabia Fibre Optic Components Market Outlook

8.1.  Market Size & Forecast

8.1.1.       By Value

8.2.  Market Share & Forecast

8.2.1.       By Type

8.2.2.       By Data Rate

8.2.3.       By Application

9.    Eastern Region Saudi Arabia Fibre Optic Components Market Outlook

9.1.  Market Size & Forecast

9.1.1.       By Value

9.2.  Market Share & Forecast

9.2.1.       By Type

9.2.2.       By Data Rate

9.2.3.       By Application

10. Southern Region Saudi Arabia Fibre Optic Components Market Outlook

10.1.   Market Size & Forecast

10.1.1.    By Value

10.2.   Market Share & Forecast

10.2.1.    By Type

10.2.2.    By Data Rate

10.2.3.    By Application

11. Western Region Saudi Arabia Fibre Optic Components Market Outlook

11.1.   Market Size & Forecast

11.1.1.    By Value

11.2.   Market Share & Forecast

11.2.1.    By Type

11.2.2.    By Data Rate

11.2.3.    By Application

12. Market Dynamics

12.1.   Drivers

12.2.   Challenges

13. Market Trends and Developments

14. Company Profiles

14.1.   STC Solutions Company

14.1.1. Business Overview

14.1.2. Key Financials & Revenue

14.1.3. Key Contact Person

14.1.4. Headquarters Address

14.1.5. Key Product/Service Offered

14.2.   Furukawa Electric Company Limited

14.2.1. Business Overview

14.2.2. Key Financials & Revenue

14.2.3. Key Contact Person

14.2.4. Headquarters Address

14.2.5. Key Product/Service Offered

14.3.   Corning Optical Communications Saudi Arabia Limited Liability Company

14.3.1. Business Overview

14.3.2. Key Financials & Revenue

14.3.3. Key Contact Person

14.3.4. Headquarters Address

14.3.5. Key Product/Service Offered

14.4.   Prysmian Group Saudi Arabia Limited Liability Company

14.4.1. Business Overview

14.4.2. Key Financials & Revenue

14.4.3. Key Contact Person

14.4.4. Headquarters Address

14.4.5. Key Product/Service Offered

14.5.   Nexans Saudi Arabia Limited Liability Company

14.5.1. Business Overview

14.5.2. Key Financials & Revenue

14.5.3. Key Contact Person

14.5.4. Headquarters Address

14.5.5. Key Product/Service Offered

14.6.   AFL Global Corporation Saudi Arabia Limited Liability Company

14.6.1. Business Overview

14.6.2. Key Financials & Revenue

14.6.3. Key Contact Person

14.6.4. Headquarters Address

14.6.5. Key Product/Service Offered

14.7.   Sumitomo Electric Industries, Ltd.

14.7.1. Business Overview

14.7.2. Key Financials & Revenue

14.7.3. Key Contact Person

14.7.4. Headquarters Address

14.7.5. Key Product/Service Offered

14.8.   Leoni Saudi Arabia Limited Liability Company

14.8.1. Business Overview

14.8.2. Key Financials & Revenue

14.8.3. Key Contact Person

14.8.4. Headquarters Address

14.8.5. Key Product/Service Offered

14.9.   Belden, Inc.

14.9.1. Business Overview

14.9.2. Key Financials & Revenue

14.9.3. Key Contact Person

14.9.4. Headquarters Address

14.9.5. Key Product/Service Offered

14.10.3M Saudi Arabia Limited Liability Company

14.10.1. Business Overview

14.10.2. Key Financials & Revenue

14.10.3. Key Contact Person

14.10.4. Headquarters Address

14.10.5. Key Product/Service Offered

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The market size of the Saudi Arabia Fibre Optic Components market was estimated to be USD 617.91 million in 2022.

down-arrow

The transceivers were the dominating segment by type in Saudi Arabia fibre optic components market. Transceivers are integral components in fiber optic communication systems, as they enable the seamless conversion of optical signals to electrical signals and vice versa. This capability is crucial for the efficient transmission and reception of data in modern communication networks.

down-arrow

Key players in the market are STC Solutions Company, Furukawa Electric Company Limited, Corning Optical Communications Saudi Arabia Limited Liability Company, Prysmian Group Saudi Arabia Limited Liability Company, Nexans Saudi Arabia Limited Liability Company, AFL Global Corporation Saudi Arabia Limited Liability Company, Sumitomo Electric Industries, Ltd., Leoni Saudi Arabia Limited Liability Company, Belden, Inc., 3M Saudi Arabia Limited Liability Company, and others.

down-arrow

Increased demand for remote services, smart city development projects and government investment in telecommunications infrastructure are the major drivers for the Saudi Arabia fibre optic components market.

profile

Sakshi Bajaal

Business Consultant
Press Release

Saudi Arabia Fibre Optic Components Market to be led by Smart City Development Projects

Oct, 2023

Increased Demand for Remote Services propelling Saudi Arabia Fibre Optic Components Market during the forecast period 2018-2028.