The Saudi Arabian telecom market generated $16.7bn in service revenue in 2012. We expect growth to continue over the next few years, at a CAGR of 4.2% from 2012 to 2017 to reach $20.5bn in 2017.
2. The Saudi Arabian telecom market generated $16.7bn in service revenue in 2012.
We expect growth to continue over the next few years, at a CAGR of 4.2% from
2012 to 2017 to reach $20.5bn in 2017. The commercial launch of LTE services is
predicted to be a significant driver of mobile data consumption, along with the
widespread adoption of smartphones, and part of the reason for the growth
trend. The Saudi Arabian telecom market generated $16.7bn in service revenue in
2012. We expect growth to continue over the next few years, at a CAGR of 4.2%
from 2012 to 2017 to reach $20.5bn in 2017. The commercial launch of LTE
services is predicted to be a significant driver of mobile data consumption, along
with the widespread adoption of smartphones, and part of the reason for the
growth trend.
Summary
3. From 2012 to 2017, we estimate that mobile data revenue will nearly double to
reach a total of $5.3bn, a sum that is more than half of anticipated mobile voice
service revenue generation in 2017 ($10.5bn). While the market will continue to
lean heavily toward mobile data consumption, we still expect mobile voice
services to sustain a CAGR of 1.6% through 2017. The fastest growth segment will
be fixed VoIP (41.6% CAGR for 2012-2017) thanks to the expansion of IP-based
networks, although total revenue comes from a very small base and will be
limited to $233m by 2017. We project broadband Internet to grow at a compound
rate of 7.4% from 2012-2017, leading to strong revenue of about $1.9bn.
For More Information please click on this link:-
http://www.jsbmarketresearch.com/telecommunications/r-Saudi-Arabia-
LTE-and-Fiber-Rollouts-Boost-Operators-and-Vendors-101116
Introduction and Landscape - Saudi Arabia: LTE
and Fiber Rollouts
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