TECH SUPPLIER Aug 2022 - Market Forecast - Doc # META48607522

Saudi Arabia Telecom Services Trends, 2022


Hyder Aftab
Jawairia Asif

This study provides forecasts for spending on telecommunication services in Saudi Arabia. It looks at the current challenges, trends, and opportunities shaping the market and highlights factors that technology suppliers should consider going forward. This study also identifies the key accelerators that will drive the growth of the telecommunications services market, such as increasing demand for seamless connectivity, digital transformation initiatives, Internet of Things (IoT) platforms, and multi-access edge computing technologies. In addition, it mentions key inhibitors, including the impact of macroeconomic inflation (recent price changes in the Saudi economy have had a significant impact on business outlooks).

"Service providers must concentrate on diversifying their portfolios and providing a wide range of new services, including cloud computing and IoT services. Simultaneously, operators must acknowledge that demand for bundles that include mobile, television, and fixed internet services will rise. Network services will see a significant increase in traffic from new applications that use technologies such as cloud, artificial intelligence (AI), and IoT, which are all being adopted in response to the COVID 19 epidemic." — Research Analyst Jawairia Asif, IoT and Telecom Services, IDC Saudi Arabia



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