$20.57 billion in Middle East telecom market size due to continuous technology improvements

NEW YORK, August 26, 2022 /PRNewswire/ — “Middle East Telecom Market “2022-2026 Forecast and Analysis Report” has been added to Technavio’s offering. ISO 9001:2015 certified, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years.

The potential growth gap for the telecom market in Middle East between 2021 and 2026 is $20.57 billion, according to the latest market analysis report from Technavio. Technavio categorizes the telecom market into Middle East as part of the global communications equipment market within the overall global information technology sector. The global communications equipment market will be driven by an increase in investment in the planning and development of new data centers and capacity expansion of existing facilities by hyper-scalers.

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Key market dynamics:

  • Market leader: One of the main factors driving growth in the telecom market in Middle East it is the improvement of technology. When a firm wants to improve its revenue, technological advances are important. It is used to track customer requests to communicate through various media. Contact centers are used to handle telecom customer queries. However, the changing world has forced telecom businesses to reassess and reorganize their operations to compete in the digital market.
  • Market challenge: The issue of compatibility will be a big challenge for the telecom market in Middle East during the forecast period. The most typical challenge customers face when incorporating information into a telecom service assurance system is compliance. This problem arises when information from one system is unable to function properly in another.

Learn about additional market dynamics and their impact analysis, View the FREE sample report

Market segment highlights:

Telecom market in Middle East the report is segmented by transmission (wireless transmission and wireless transmission) and geography (Saudi ArabiaUnited Arab Emirates and the rest of the Middle East).

Regional Opportunities: 39% of the market growth will come from UAE during the forecast period. Saudi Arabia is the leading telecom market in the United Arab Emirates. The market growth in this region will be faster than the market growth in the rest of the region Middle East The region. This market research report includes detailed information on competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating effective business plans.

Highlights of the revenue generating segment: Telecom market share growth in Middle East from the wireless segment will be significant during the forecast period. Some trends have changed Middle East telecom business over the past few years. The COVID-19 pandemic in the last 18 months did not have a significant impact on telecom revenues (a drop of less than 1%), but proved the strength and resilience of telecom networks as they faced the sudden increase in use.

Download the sample PDF report for revenue by segment and regional opportunities

Seller landscape

Telecom market in Middle East is fragmented and vendors are using growth strategies, such as focusing on improving technology to compete in the market. This statistical study of the telecom market in Middle East includes successful business strategies put in place by leading vendors. Telecom market in Middle East the forecast report provides in-depth insights into key vendor profiles. The profiles include information on the production, sustainability and prospects of the leading companies. To make the most of the opportunities and recover from the post-pandemic impact, market vendors should focus more on growth prospects in fast-growing segments while maintaining their positions in slow-growing segments.

Some companies mentioned

    • Bahrain Telecommunications Co.: The company provides telecommunication services such as fixed and wireless telecommunication services.
    • Emirates Integrated Telecommunications Co.: The company provides telecom services such as fixed and mobile telephony, as well as broadband connection service.
    • ETISALAT GROUP: The company offers telecom services such as Businees First Plus and Businees Xteame.
    • Oman Telecommunications Co.: The company provides telecom services like Hayyak.
    • Ooredoo Group: The company offers telecom services such as landline, mobile phone, cable television and internet connection service.
    • Orange SA
    • Saudi Telecom Co.
    • VEON Ltd.
    • Vodafone Group Plc
    • The Zain Group
  • Access more vendor profiles with their top offerings available with Technavio, Search for example PDF Now!

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Middle East Telecom Market

Report coverage

The details

Page Number

120

Base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 3.25%

Market growth 2022-2026

20.57 billion dollars

Market structure

Fragmented

Annual growth (%)

1.80

Regional analysis

Saudi Arabia, United Arab Emirates and the rest of the Middle East

Making a contribution to the market

United Arab Emirates at 39%

Main customer countries

Saudi Arabia

Competitive landscape

Major companies, competitive strategies, extent of customer engagement

Profiled companies

Bahrain Telecommunications Co., Emirates Integrated Telecommunications Co., ETISALAT GROUP, Oman Telecommunications Co., Ooredoo Group, Orange SA, Saudi Telecom Co., VEON Ltd., Vodafone Group Plc and Zain Group

Market Dynamics

Parent market analysis, market growth drivers and restraints, fast and slow growing segment analysis, impact of COVID 19 and future consumer dynamics, and market state analysis for the forecast period.

Customization field

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

Main topics covered:

Executive Summary

Market landscape

  • The market ecosystem
  • Value chain analysis

Market size

  • Market definition
  • Market segment analysis
  • 2021 market size
  • Market Outlook: Forecast 2021 – 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • The threat of rivalry
  • Market condition

Market segmentation by broadcast

  • Market segments
  • Comparison by stream
  • Wireless Broadcasting – Market Size and Forecast 2021-2026
  • Wireless Broadcasting – Market Size and Forecast 2021-2026
  • Market opportunity from Transmission

The customer landscape

Geographical landscape

  • Geographic segmentation
  • Geographical comparison
  • Saudi Arabia – Market size and forecast 2021-2026
  • United Arab Emirates – Market Size and Forecast 2021-2026
  • The rest of Middle East – Market size and forecast 2021-2026
  • Market opportunities by geography
  • Market leaders
  • Market challenges
  • Market trends

Seller landscape

  • Seller landscape
  • Disruption of the landscape

Seller Analysis

  • Sellers covered
  • Positioning of sellers in the market
  • Bahrain Telecommunications Co.
  • Emirates Integrated Telecommunications Co.
  • ETISALAT GROUP
  • Oman Telecommunications Co.
  • The Ooredoo Group
  • Orange SA
  • Saudi Telecom Co.
  • VEON Ltd.
  • Vodafone Group Plc
  • The Zain Group

ANNEX

  • Scope of the report
  • Currency conversion rates for USD
  • Research Methodology
  • List of abbreviations

around us

Technavio is a leading global technology research and consulting company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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CONTACT

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SOURCE Technavio

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