Market Forecast By Connectivity Type (Wi-Fi, Bluetooth Classic, Bluetooth 4X, Bluetooth 5X, ZigBee, Z-Wave, UWB, NFC), By End Use (Wearable Devices, Healthcare, Consumer Electronics, Building Automation, Automotive & Transportation, Others), By Type (LPWAN, Cellular M2M, WPAN, Satellite (GNSS), WLAN) And Competitive Landscape
Product Code: ETC431195 | Publication Date: Nov 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Saudi Arabia Wireless Connectivity market currently, in 2023, has witnessed an HHI of 3591, Which has increased slightly as compared to the HHI of 2180 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Saudi Arabia wireless connectivity market is expected to grow during the forecast period. The growth is driven by increasing adoption of wireless technology in various industries, such as retail, transportation, and hospitality. Restraints such as scarce resources and lack of infrastructure are some of the key inhibitors hampering growth in this market.
According to 6Wresearch, the Saudi Arabia Wireless Connectivity Market size is expected to grow during 2022-2028. Wireless connectivity is a growing trend in Saudi Arabia. Many businesses and households are using wireless networks to connect to the internet, email, and other applications. Wireless networks can be a convenient way to connect to the internet if you have a device that supports wireless networking. You can also use a wireless network to share files with other devices on the network. If you need to connect to the internet or share files with others, you will need a wireless router. A wireless router is also known as a Wi-Fi antenna or a Wi-Fi modem. You can buy a pre-configured router, or you can configure it yourself.
Saudi Arabia is one of the most wired countries in the world, with a high internet penetration rate and a growing number of businesses and entrepreneurs taking advantage of this connectivity to reach out to their global audiences. Saudi Telecom Company (STC) has been instrumental in ensuring that the country is well connected both physically and virtually, laying down fiber optic cables across the kingdom and providing access to some of the world's fastest broadband speeds.
The market is growing at a rapid pace owing to the increasing adoption of wireless technology in various sectors such as transportation, healthcare, and retail. Moreover, the spread of Wi-Fi facilities across various establishments is also boosting the growth of Saudi Arabia Wireless Connectivity market. There are several factors driving the Saudi Arabia wireless connectivity market growth:
Furthermore, government initiatives such as the launch of Saudi Vision 2030 and roll out of fibre-optic networks are also driving growth in the countryโs wireless connectivity market.
One of the key factors driving the Saudi Arabia Wireless Connectivity Market revenue is the increasing number of businesses and households in Saudi Arabia that are adopting wireless technology for communication. Additionally, the government's initiatives to improve broadband penetration across the country are also contributing to the growth of this market. The availability of affordable devices and band7widths, coupled with increasing demand from businesses and households, is expected to drive the Saudi Arabia wireless connectivity market.
There has been a rise in the number of smartphone users in Saudi Arabia and this is also driving the demand for wireless connectivity services. The increasing trend of social media usage, coupled with growing adoption of applications such as video calling and VoIP, is expected to drive the growth of the Saudi Arabia wireless connectivity market.
Challenges affecting the Saudi Arabia Wireless Connectivity Market share include limited infrastructure development, high prices of devices and services, and lack of awareness about potential benefits of using wireless networks.
Based on Connectivity Type, the Wi-Fi segment dominates the Saudi wireless connectivity market owing to its low cost and easy deployment. Bluetooth Classic holds a smaller share in this market owing to its higher cost and limited adoption rates among users. The Bluetooth 4X segment is gaining popularity due to its compatibility with various devices and low-cost implementation.
Geographically, the Saudi wireless connectivity market is divided into two regionsโGCC and ASEAN. GCC region accounts for more than half of total revenue while ASEAN region will witness significant growth in the coming years.
The COVID-19 pandemic has had a significant impact on the Middle east wireless connectivity market.ย Firstly, there will be an increase in demand for wireless services as people attempt to connect with family and friends who remain unaffected by the pandemic. This will put pressure on network operators and infrastructure providers to expand their networks rapidly to meet growing demand.
Secondly, there is likely to be a rise in cybercrime as people attempt to illegally access information or take advantage of services that are disrupted by the pandemic. This could have serious implications for businesses and governments, as well as affecting individuals directly through data theft or identity theft scams.
Finally, there may be a decline in tourism due to concerns about travel safety during the pandemic period. This could have a significant impact on both domestic and foreign investment in the Kingdomโs tourism sector.
The companies are focusing on expanding their presence in this market through various product launches and acquisitions. The companies are offering wireless connectivity solutions across various platforms such as broadband LTE, 5G, Wi-Fi and VoLTE. Some of these companies have also collaborated with established telecom carriers to offer their services in Saudi Arabia.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Wireless Connectivity Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Wireless Connectivity Market Revenues & Volume, 2021 & 2028F |
3.3 Saudi Arabia Wireless Connectivity Market - Industry Life Cycle |
3.4 Saudi Arabia Wireless Connectivity Market - Porter's Five Forces |
3.5 Saudi Arabia Wireless Connectivity Market Revenues & Volume Share, By Connectivity Type, 2021 & 2028F |
3.6 Saudi Arabia Wireless Connectivity Market Revenues & Volume Share, By End Use, 2021 & 2028F |
3.7 Saudi Arabia Wireless Connectivity Market Revenues & Volume Share, By Type, 2021 & 2028F |
4 Saudi Arabia Wireless Connectivity Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Wireless Connectivity Market Trends |
6 Saudi Arabia Wireless Connectivity Market, By Types |
6.1 Saudi Arabia Wireless Connectivity Market, By Connectivity Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Connectivity Type, 2018 - 2028F |
6.1.3 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Wi-Fi, 2018 - 2028F |
6.1.4 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Bluetooth Classic, 2018 - 2028F |
6.1.5 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Bluetooth 4X, 2018 - 2028F |
6.1.6 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Bluetooth 5X, 2018 - 2028F |
6.1.7 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By ZigBee, 2018 - 2028F |
6.1.8 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Z-Wave, 2018 - 2028F |
6.1.9 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By NFC, 2018 - 2028F |
6.1.10 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By NFC, 2018 - 2028F |
6.2 Saudi Arabia Wireless Connectivity Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Wearable Devices, 2018 - 2028F |
6.2.3 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Healthcare, 2018 - 2028F |
6.2.4 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Consumer Electronics, 2018 - 2028F |
6.2.5 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Building Automation, 2018 - 2028F |
6.2.6 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Automotive & Transportation, 2018 - 2028F |
6.2.7 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Others, 2018 - 2028F |
6.3 Saudi Arabia Wireless Connectivity Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By ย LPWAN, 2018 - 2028F |
6.3.3 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Cellular M2M, 2018 - 2028F |
6.3.4 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By WPAN, 2018 - 2028F |
6.3.5 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By Satellite (GNSS), 2018 - 2028F |
6.3.6 Saudi Arabia Wireless Connectivity Market Revenues & Volume, By WLAN, 2018 - 2028F |
7 Saudi Arabia Wireless Connectivity Market Import-Export Trade Statistics |
7.1 Saudi Arabia Wireless Connectivity Market Export to Major Countries |
7.2 Saudi Arabia Wireless Connectivity Market Imports from Major Countries |
8 Saudi Arabia Wireless Connectivity Market Key Performance Indicators |
9 Saudi Arabia Wireless Connectivity Market - Opportunity Assessment |
9.1 Saudi Arabia Wireless Connectivity Market Opportunity Assessment, By Connectivity Type, 2021 & 2028F |
9.2 Saudi Arabia Wireless Connectivity Market Opportunity Assessment, By End Use, 2021 & 2028F |
9.3 Saudi Arabia Wireless Connectivity Market Opportunity Assessment, By Type, 2021 & 2028F |
10 Saudi Arabia Wireless Connectivity Market - Competitive Landscape |
10.1 Saudi Arabia Wireless Connectivity Market Revenue Share, By Companies, 2021 |
10.2 Saudi Arabia Wireless Connectivity Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |