Lewes, DE -- (ReleaseWire) -- 02/21/2014 -- Saudi Arabia offers many opportunities for the future with a strong ICT market which is growing year-on-year and a significant interest from government and enterprises to utilise recent technology developments surrounding cloud computing and smart technologies.
In 2013 mobile subscribers actually declined in Saudi Arabia due to a crackdown on the number of illegal immigrant workers in the country along with new restrictions on the number of pilgrim workers allowed. Phone registration regulations have also been tightened and as a result mobile subs dropped to 51 million at the end of 2013, compared to around 53 million in 2012.
In a move towards liberalisation; in mid 2013 three virtual telecoms licenses where awarded in Saudi Arabia and MVNO services are expected to start during 2014.
Read more about this report: Saudi Arabia - Telecoms, Mobile, Broadband and Forecasts
While the telecoms sector is highly competitive there are also growth opportunities in data services for both fixed and mobile. Data fees will become more and more important to overall revenues in the future.
Fixed broadband penetration is growing strongly in the kingdom. Broadband is available via ADSL, fibre and wireless. Mobile broadband has also become a feasible proposition and viable alternative to fixed broadband following substantial investments in 3G and LTE technology.
The Saudi Arabian government regards ICT industry development as a national priority and to this end it is moving ahead with digital economy developments. In particular it is cutting red tape and streamlining business procedures, resulting in praise from the World Bank in 2013 which acknowledged Saudi Arabia’s efforts in implementing business reforms such as electronic filing and new payment systems.
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