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Saudi Arabia Mobile Network ICT infrastructure Services Market Research Report 2027

Saudi Arabia Mobile Network Ict Infrastructure Services Market was valued at USD274.67 million in 2021 and is expected to grow at a CAGR of 10.71% during the forecast period, 2023-2027, to achieve the market value of USD504.64 million by 2027F. Rising adoption of Internet of Things services and other IT services in various industries is actively driving the growth of the Saudi Arabia mobile network ICT infrastructure services market in the upcoming five years. Growing use of technologically advanced internet-based services, artificial intelligence, and expansion of the smart cities in the country also plays a vital role in the growth of the Saudi Arabia mobile network ICT infrastructure services market in the upcoming five years. Increasing threat toward data sharing and increasing attacks on data security further ensures advanced technology usage and substantially supports the growth of the Saudi Arabia mobile network ICT infrastructure services market in the future five years. Rising number of market players and rapid penetration of the global giants in the country to expand their multinational businesses also play a vital role in the growth of the Saudi Arabia mobile network ICT infrastructure services market in the forecast years through 2027. The growing globalization of the telecom industry worldwide also impacts the industry in the Kingdom of Saudi Arabia. This expansion of the telecom industry also aids the growth of the Saudi Arabia mobile network ICT infrastructure services market in the forecast period.

Implementation of “Vision 2030”, along with the National Transformation Program 2020, supports the digital transition in Saudi Arabia, thus substantiating the growth of the Saudi Arabia mobile network ICT infrastructure services market in the upcoming five years.

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