Saudi Arabia 5G services market
are anticipated to show a robust growth in the upcoming five years, 2023-2027. The
market growth can be attributed to high-speed internet surfing advantages along
with the increasing demand of extremely low latency of the 5G technology.
Moreover, advantages of 5G internet connections like stronger bandwidth,
multiple device connection, and mobile connection services, along with the
faster speed internet connection, the market is anticipated to register growth
in the upcoming five years. Also, uses like virtual reality and augmented reality
gaming requires 5G connection, and as the gaming demands are increasing and the
graphical advancement requires better connection, the factor is influencing the
future growth of Saudi Arabia 5G services market in the next five years.
Furthermore, penetration of internet with high speed connection and rapidly
increasing smart phone users along with multiplying technologically advanced
consumer electronics is aiding to the growth of the market of 5G services in
the Kingdom of Saudi Arabia.
5G
services involve 5G internet connections allowing the users to enjoy faster
downloads, outstanding network reliability, making businesses efficient, etc.
5G services find their application in ultra-high definition video streaming,
seamless video calling, smart home energy management, etc. Though government
schemes and policies may put a minor delay in the growth, but rapidly
increasing market players might outgrow the restraint in the subsequent years
of forecast, until 2027.
Saudi
Arabia 5G services market is segmented by end users, application, communication
type, industry, regional distribution, and competitional landscape. Based on end users, the market is
further divided between individual and enterprises. Individual users may
dominate the future market and own largest revenue shares of the market in the
upcoming five years on the account of increased smartphones users, and rapidly
increasing craze of virtual reality and augmented reality gaming is aiding to
the growth of the Saudi Arabia 5G services market. Enterprises users are
expected to register the fastest growing CAGR in the upcoming five years. The
technological advancements and evolving industrial usage require 5G connections
and aid to the further growth of the market.
A partial list of market
player in the Saudi Arabia 5G service market includes Mobile Telecommunication
Company Saudi Arabia K.S.C.P. (Zain), Saudi Telecom Company, Etihad Etisalat
Company (Mobily), Integrated Telecom Company, Huawei Tech Investment Saudi Arabia
Co. Ltd., Etihad Atheeb Telecommunications Co. (GO Telecom), Virgin Mobile KSA,
Arab Satellite Communications Organization, Hewlett Packard Enterprise Int'l
Trade BV Saudi, Nokia Al Saudia, among others. These market players hold larger
shares of the market than the new market players. With the advancement of the
technology, it is appropriate to say that the effective research and
development of the technologically advanced services would support the market
growth and benefit the market players as well as the consumers. New market
players may focus on the research and development to provide services that satisfies
the consumer demand as well as benefits the market players in building their
brand value. Other competitive strategies include mergers & acquisitions
and new product developments and better service provisions.
Objective
of the Study:
- To analyze the historical
growth of the market size of Saudi Arabia 5G service market from 2017 to 2020.
- To estimate and forecast the market size of Saudi
Arabia 5G service market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Saudi Arabia 5G service market based on end
user, application, communication type, industry, competitional landscape,
and regional distribution.
- To identify dominant region or segment in the Saudi
Arabia 5G service market.
- To identify drivers and challenges for Saudi
Arabia 5G service market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Saudi
Arabia 5G service market.
- To identify and analyze
the profile of leading players operating in Saudi Arabia 5G service market.
- To identify key sustainable strategies adopted
by market players in Saudi Arabia 5G service market.
Click here to download the sample
TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of suppliers, and service providers across the country.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the service providers which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the service provider,
distribution channels and presence of all major players across the country.
TechSci Research calculated the market
size of Saudi Arabia 5G service
market using a
bottom-up approach, wherein data for various end-user segments was recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through analyzing
historical data of these services and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
Key
Target Audience:
- 5G services providers, end users, and other stakeholders
- Distributers and suppliers of the related products and
services
- Organizations, forums, and alliances related to 5G services
- Market research and consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as service providers, suppliers, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historical Data
|
2017 – 2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023 – 2027
|
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Quantitative Units
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Revenue in USD Million and CAGR for 2017-2021 and 2022-2027
|
|
Report coverage
|
Revenue forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments covered
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·
End User
·
Application
·
Communication Type
·
Industry
|
|
Regional scope
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Western Region, Northern and Central Region, Eastern Region,
Southern Region
|
|
Key companies profiled
|
Mobile Telecommunication Company Saudi Arabia K.S.C.P. (Zain),
Saudi Telecom Company, Etihad Etisalat Company (Mobily), Integrated Telecom
Company, Huawei Tech Investment Saudi Arabia Co. Ltd., Etihad Atheeb
Telecommunications Co. (GO Telecom), Virgin Mobile KSA, Arab Satellite
Communications Organization, Hewlett Packard Enterprise Int'l Trade BV Saudi,
Nokia Al Saudia.
|
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase
options
|
|
Delivery Format
|
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
Report Scope:
In this report, Saudi Arabia 5G services market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Saudi Arabia 5G Services Market, By End User:
- Saudi Arabia 5G Service Market, By Application:
o Smart Cities
o Connected Factories
o Smart Buildings
o Connected Vehicles
o Connected Healthcare
o Connected Retail
o Smart Utilities
o Others
- Saudi Arabia 5G Service Market, By Communication
Type:
o Fixed Wireless Access
o Enhanced Mobile Broadband
o Massive Machine-Type Communication
o Ultra-Reliable Low-Latency
- Saudi Arabia 5G Service Market, By Industry:
- Manufacturing
- Media & Entertainment
- Government
- Energy & Utilities
- Transportation & Logistics
- Healthcare
- Others
- Saudi Arabia 5G Service Market, By
Region:
- Western
- Eastern
- Northern & Central
- Southern
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia 5G service market.
Available Customizations:
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 5G Service 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]