The telecommunications market in Saudi Arabia generated USD 18.8bn in service revenue in 2016, an increase over 2015. Mobile data will emerge as the largest revenue-contributing segment by 2020. Over the next five years, operators can benefit from the opportunities existing in offering enterprise services, VoIP and mobile data. Operators are investing in LTE, LTE-A and fiber to enable additional revenue streams including IoT, cloud services and M2M services.
The overall telecom services revenue in Saudi Arabia grew over 2015-2016 and is expected to reach USD 18.8bn in 2016.
From 2016 onward, the telecommunications market in Saudi Arabia will see service revenue increasing on an annual basis, boosted mainly by mobile and fixed data segments.