BMI View: Uncertainty surrounds Saudi Arabia's economic and IT market outlook in a lower oil price
environment after there were steep declines in the oil price since 2014. The core scenario is for a
stabilisation in oil prices, and economic performance, that will su ..."
BMI View: Consumer electronics device spending growth in Saudi Arabia is forecast to be modest, at a
CAGR of just 1% over 2016-2020. By 2016 most device categories are mature, with high penetration rates
for products that had been driving growth such as smartphones an ..."
BMI View: Saudi Arabia's telecommunications consumers show strong demand for higher speed data
services in the wireless and wireline segments. Despite this, the mobile market has already reached
maturation point and displays classic signs of slowing down, with penetra ..."
BMI View: The steep decline in the oil price in 2014 and 2015, and continued uncertainty about the
medium-term trajectory, weighs on Saudi Arabia's economy and the IT market through weaker consumer
and enterprise sentiment. There is potential upside from the governmen ..."
This country report and accompanying data annex provide a comprehensive overview of Saudi Arabia's telecoms market, including KPIs and data on subscribers, penetration, revenue and ARPU. The report analyses the strategies of major players in the country's fixed and mobile tele ..."
BMI View: We maintain a modestly optimistic outlook for the Saudi IT market over the medium term in our
Q216 quarterly report update. We believe 2016 will witness the final year of the IT market contraction. The
steep decline in the oil price in 2014 and 2015 has put ..."
BMI View: We maintain a subdued outlook for the consumer electronics market in Saudi Arabia due to the
negative shocks related to the global collapse in the price of oil. We believe that weaker consumer
confidence will continue to exacerbate the drag on consumer elect ..."
BMI View: The Saudi mobile market is dynamic and consumers are looking for faster data services in the
wireless and wireline markets alike. Nevertheless, the mobile market is very mature and is displaying
classic signs of slowing down with penetration rates inching to ..."
BMI View: The steep decline in the oil price in 2014 and 2015 has put Saudi Arabia's economy on a lower
growth trajectory and as a result we have downgraded our IT market outlook in the Q116 update. We now
forecast total spending will grow at a CAGR of 1.8% over 2015- ..."
BMI View: Saudi Arabia's telecoms market is quite dynamic and customers are seeking fast data services
in the wireless and wireline markets. Enterprise solutions are becoming a main pillar for the leading
operators, with new data centres and business solutions popping ..."