Market Share of KSA Satellite Communications Industry
The KSA Satellite Communications market is moderately consolidated, with a limited number of major players dominating the industry. However, the market is anticipated to evolve and expand, with opportunities for new entrants and partnerships. A few of the prominent players in the market include Arab Satellite Communications Organization, Saudi Telecom Company (STC), Mobile Telecommunication Company Saudi Arabia (Zain KSA), Salam, and Thuraya Telecommunications Company.
In February 2023, a collaboration agreement was signed between DETASAD and the Arab Satellite Communications Organisation (Arabsat). The agreement intends to expand satellite communications services by offering combined, advanced technological solutions to meet the demands of diverse industries, penetrating more than 22 nations, and investing in research and development to achieve the Kingdom's Vision 2030 goals.
In February 2023, A Memorandum of Understanding (MoU) was signed to create space-based 5G mobile communications voice and data services by the stc Group and Omnispace, a mobile connections business. Through this effort, STC would increase its coverage in underserved areas and provide consumers with seamless, direct-to-device 5G mobile communications access throughout the Kingdom of Saudi Arabia.
KSA Satellite Communications Market Leaders
Arab Satellite Communications Organization
Saudi Telecom Company (STC)
Mobile Telecommunication Company Saudi Arabia (Zain KSA)
Thuraya Telecommunications Company
Salam (Integrated Telecom Company)
*Disclaimer: Major Players sorted in no particular order
