Unlocking Potential: Saudi Arabia's ICT Market Insights Revealed by Infinium Global Research
As a G4 country, Saudi Arabia effectively integrates ICT regulation with a separate regulatory authority vested with enforcement powers.
- As a G4 country, Saudi Arabia effectively integrates ICT regulation with a separate regulatory authority vested with enforcement powers.
- This authority operates with a clear mandate, overseeing a fully competitive market while safeguarding consumer interests under the "generation of regulation" model.
- Projections indicate that the Saudi Arabian ICT market is expected to experience a 5.6% growth in 2023, reaching a total value of $33.43 billion in 2022.
- Saudi Arabia encounters difficulties in both enlarging its domestic ICT workforce and attracting foreign talent.