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Saudi Arabia $1.87 Billion Telecom ICT Infrastructure Market, Forecast & Opportunities, 2021-2025 - ResearchAndMarkets.com
January 25, 2021 GMT
DUBLIN (BUSINESS WIRE) Jan 25, 2021
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The Saudi Arabian Telecom ICT Infrastructure Market was valued USD 1510.3 Million in 2019 and is forecast to grow at 5.74% until 2025 to reach USD 1879.35 Million in the next five years.
Growing popularity of smart devices coupled with increasing broadband & mobile penetration are driving the telecom ICT infrastructure market of Saudi Arabia.
The growing Bring Your Own Device (BYOD) trend is also resulting in demand for improving telecom connectivity across various enterprises. It offers flexibility for employees in working from home, client location or in transit thereby propelling the market during the forecast period. The launch of 5G is a major factor bolstering the growth of the market. T