How big is the GCC Telecom Market?

The GCC Telecom Market size is expected to reach USD 76.13 billion in 2024 and grow at a CAGR of 11.07% to reach USD 128.67 billion by 2029. Read More

What is the current GCC Telecom Market size?

In 2024, the GCC Telecom Market size is expected to reach USD 76.13 billion. Read More

Who are the key players in GCC Telecom Market?

Saudi Telecom Company (STC), Zain Group, Oman Telecommunications Company (Omantel), Emirates Integrated Telecommunications Company (Du) and e& Etisalat and are the major companies operating in the GCC Telecom Market. Read More

What years does this GCC Telecom Market cover, and what was the market size in 2023?

In 2023, the GCC Telecom Market size was estimated at USD 67.70 billion. The report covers the GCC Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the GCC Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

GCC Telecom Market Size & Share Analysis - Industry Research Report

Gcc Telecom Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The GCC Telecom Market Report is Segmented by Telecom Services (Voice Services (Wired and Wireless), Data and Messaging Services, and PayTV Services), Telecom Connectivity (Fixed Network and Mobile Network), and Country (Saudi Arabia, Kuwait, Qatar, Oman, United Arab Emirates, and Bahrain). The Market Sizes and Forecasts are Provided in USD for all the Above Segments.

GCC Telecom Industry Overview

The GCC telecom market is becoming moderately consolidated. Some major players in the market include e& Etisalat, Saudi Telecom Company (STC), and Oman Telecommunications Company (Omantel), among others. The market also hosts several internet service providers (ISPs), MVNOs, and fixed-line service providers. These players focus on deploying 5G networks and increasing network capacity across the region to remain competitive in the market. For instance,

In May 2024, Zain KSA invested SAR 1.6 billion (USD 0.43 billion) in expanding its infrastructure, 5G network, and digital services ecosystem. This move is part of an integrated expansion plan aligned with Zain KSA’s strategy for achieving digital inclusion across the country. The goal is to enhance the digital infrastructure and provide an exceptional customer experience by expanding the 5G network to cover 122 cities and governorates, up from the current 66 cities.
In March 2024, Ericsson and Du, from Emirates Integrated Telecommunication Company, entered into a strategic alliance to provide Ericsson with wireless network products, enabling intelligent services to the enterprise sectors and government in the United Arab Emirates. Ericsson and du have formed a strategic partnership to create advanced private 4G and 5G networks. Their collaboration aims to enhance connectivity for government and enterprise customers, enabling Industry 4.0 adoption in the country.