
Saudi Arabia’s ICT Market Hits SAR 180 Billion in 2024, with Strong Growth in Telecom and Space Sectors
Saudi Arabia’s ICT market reached SAR 180 billion in 2024, growing at a CAGR of 7.5%. The country ranked fourth among G20 nations for mobile internet speed and saw growth in mobile subscriptions and the space sector. The market capitalization of telecom and tech companies reached SAR 427 billion.