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| Countries covered: Saudi Arabia The Saudi communications market (including pay-TV) generated almost $11.3bn in service revenue in 2009, a figure we expect to reach about $14.3bn in 2015. Mobile voice revenue dominated the market in 2009, contributing 64% of total revenue. We expect strong growth in the mobile data front, as all three GSM operators have launched 3G services. We are projecting mobile data to grow at a 2010-2015 CAGR of 17%, to reach $2.9bn in 2015. As dial up service continues to decline, we project broadband internet to grow by 11% in 2010-2015, leading to strong revenues of about $1.8bn in 2015. |
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