Tuesday, 02 January 2024 12:17 GMT

Saudi Arabia Fiber Optics Market Value To Hit USD 1,390.0 Million By 2033, Expanding At 8.10% CAGR


(MENAFN- IMARC Group) Saudi Arabia fiber optics market size reached USD 688.9 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,390.0 Million by 2033, exhibiting a growth rate (CAGR) of 8.10% during 2025-2033. The fiber optics market in Saudi Arabia is undergoing a major transformation, fueled by the nation's ambitious Vision 2030 initiatives, 5G deployment, and growing investment in smart city infrastructure.

Key Highlights

  • Market size (2024): USD 688.9 million
  • Forecast (2033): USD 1,390.0 million
  • CAGR (2025–2033): 8.10%
  • High-speed fiber optic penetration rising amid Vision 2030 digital transformation drives
  • Strategic deployment across NEOM, smart cities, and telecommunications infrastructure
  • Key companies operating in the Saudi Arabia fiber optics market include leading global and regional players in telecommunications and fiber optic infrastructure solutions.

How Is AI Transforming the Fiber Optics Market in Saudi Arabia?

  • Powering Smart Cities Infrastructure : NEOM's $5 billion AI data center investment drives demand for ultra-high-capacity fiber networks supporting cognitive city operations.
  • Enabling 5G Network Optimization : AI-driven fiber optic networks support 5G deployment across 75% of NEOM's infrastructure, enabling real-time data handling for smart grids and transportation systems.
  • Enhancing Data Center Connectivity : Growing cloud computing adoption and data center expansion create massive demand for robust fiber optic backhaul infrastructure.
  • Supporting IoT Integration : Smart city initiatives require fiber networks capable of handling millions of connected devices and sensors across urban environments.
  • Strengthening Digital Infrastructure : Vision 2030's digital transformation goals accelerate fiber-to-the-home deployments, targeting 90% coverage in densely populated areas by 2025.

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Saudi Arabia Fiber Optics Market Trends and Drivers

  • Vision 2030 & Digital Transformation: Government initiatives driving nationwide fiber infrastructure deployment and smart city development
  • 5G Network Rollout: Massive fiber backbone requirements for 5G base stations and small cell deployments across urban areas
  • Smart City Projects: NEOM, THE LINE, and other megaprojects accelerating demand for ultra-high-capacity fiber networks
  • Cloud Computing Growth: Rising enterprise adoption of cloud services driving data center expansion and fiber connectivity needs
  • FTTH Expansion Programs: Residential fiber-to-the-home initiatives targeting over 3 million households with plans for 90% urban coverage

Saudi Arabia Fiber Optics Industry Segmentation:

The report has segmented the market into the following categories:

Cable Type Insights:

  • Single Mode
  • Multi-Mode

Optical Fiber Type Insights:

  • Glass
  • Plastics

Application Insights:

  • Telecom
  • Oil and Gas
  • Military and Aerospace
  • BFSI
  • Medical
  • Railway
  • Others

Breakup by Region:

  • Northern and Central Region
  • Western Region
  • Eastern Region
  • Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in Saudi Arabia Fiber Optics Market

  • February 2025: NEOM secured a $5 billion investment from DataVolt to establish the region's first net-zero AI data center, requiring massive fiber optic infrastructure for high-capacity data transmission and processing.
  • February 2025: Saudi Arabia's 5G infrastructure development accelerates with fiber backbone expansion, targeting over 75% integration across NEOM's smart city infrastructure for real-time urban services management.
  • August 2024: Dark fiber network integration with AI, IoT, and blockchain technologies aligns with Vision 2030 smart city goals, driving demand for specialized fiber infrastructure in healthcare, transportation, and urban planning applications.

Ask analyst of customized report: https://www.imarcgroup.com/request?type=report&id=21289&flag=E

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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