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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.
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Saudi Arabia: LTE and Fiber Rollouts Boost Operators and Vendors
Summary 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.
Introduction and Landscape - Saudi Arabia: LTE and Fiber Rollouts 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
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