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Saudi Arabia’s Vision 2030 fuels telecom growth by prioritizing digital transformation. The government has invested over USD 24.8 billion in digital infrastructure, achieving a 99% internet penetration rate with 36.31 million users. The Communications, Space and Technology Commission (CITC) supports 5G expansion, covering 77% of the country, with Riyadh at 94%. Initiatives like the Saudi ICT Strategy 2023 promote AI, IoT, and cloud computing, with ICT spending exceeding USD 46 billion. These efforts enhance connectivity, support smart cities, and drive demand for advanced telecom services across sectors.

The rapid rollout of 5G networks drives telecom demand, with 42.5 million mobile connections and a 115.9% penetration rate. Companies like Zain and Nokia are partnering to deploy 5G-Advanced services, enhancing speed and reliability. A tech-savvy population, with 29.1 million social media users (79.3%), fuels demand for mobile data and digital services. Partnerships, like Virgin Mobile’s collaboration with Hiteck for smart city solutions, integrate IoT and AI, boosting connectivity. Rising e-commerce and digital payments further increase the need for robust telecom infrastructure, supporting Saudi Arabia’s digital economy.

Key Market Trends & Insights:

5G Network Expansion

5G networks cover 77% of Saudi Arabia, with Riyadh at 94%. Zain and Nokia’s partnership enhances 5G-Advanced services, supporting IoT and AI applications. This boosts connectivity for smart cities, with 42.5 million mobile connections driving demand for high-speed data.

IoT Integration Growth

IoT subscriptions exceed 12 million, fueling smart city and industrial applications. STC and GO Telecom’s agreement offers IoT services for businesses, enhancing efficiency in healthcare and transportation. This trend supports Vision 2030’s digital transformation goals with robust connectivity.

Digital Payment Surge

Vision 2030 targets 70% cashless transactions, boosting digital payment adoption. Telecom operators like Mobily integrate mobile payment solutions, with 29.1 million social media users driving demand. This enhances e-commerce, with platforms like Amazon.sa relying on secure telecom networks.

Smart City Development

Smart city projects, like NEOM, rely on telecom infrastructure. Virgin Mobile and Hiteck’s partnership advances IoT and AI-driven urban solutions. With 98% internet penetration, telecoms enable real-time data for transportation and energy management, supporting Vision 2030.

AI-Driven Customer Services

AI enhances telecom services, with chatbots and analytics improving user experiences. STC’s collaboration with Ericsson develops AI-driven 5G solutions, serving 36.31 million internet users. This trend reduces costs and personalizes offerings, meeting the needs of a tech-savvy population.

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