PRZOOM - /newswire/ -
London, United Kingdom, 2008/09/27 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report providing a an insight into the information and communications technology (ICT) products and services in the Middle East.
Report Buyer, has added a new report providing a an insight into the information and communications technology (ICT) products and services in the Middle East.
The report “Middle East Broadband Forecast to 2010”, highlights that high demand for ICT products and services in the Middle East is making the region an attractive proposition for the development of high speed broadband access market. The governments across the region are adopting policies to promote the uptake of broadband technology. In particular, aggressive development by the Gulf countries in the field of technology in their quest to break their image of 'oil-rich' region has created many opportunities for foreign as well as domestic players looking to access new markets.
Providing a thorough analysis on the Middle Eastern broadband market, the various markets that have been studied as part of the report includes Israel, Egypt, Saudi Arabia, the UAE, Lebanon, Kuwait, Qatar,Jordan, Oman, Bahrain and Iran. The report briefly explains the current and future scenario of broadband market in these nations and discusses the factors vital for the success of broadband market in the region.
Key findings of the report include:
The number of broadband subscribers in Middle East reported an increase of 48% in 2007 over the year 2006
The region's soaring broadband demand has been propelled by the inadequacy of existing broadband infrastructure, and government policies promoting rapid broadband adoption as a tool for economic development.
In 2007, Israel dominated the Middle East broadband market having major chunk of the broadband subscribers, followed by Saudi Arabia, Egypt and the UAE.
Egypt is anticipated to report highest growth in its broadband subscriber base among the Middle Eastern countries at a CAGR of over 83% from 2008 to 2010.
The total number of 3G subscribers in the Middle East is expected to surpass four million by 2010 end, growing at a CAGR of around 60%.
Throughout the Middle East region, incumbent and alternative fixed-line operators are rolling out IPTV, helping the operators better maintain their main-line base and gradually increase spend per customer in the face of falling ADSL prices.
The report “Middle East Broadband Forecast to 2010” is available from Report Buyer. For more information, see website.
Report Buyer product ID: RCS00426
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