Saudi Arabia MVNO Market 2025-2031

The Saudi Arabia MVNO market grew during 2021-2024, driven by Vision 2030’s emphasis on digital transformation, telecom liberalization, and competition enhancement. The Communications, Space & Technology Commission (CST) has played a central role by introducing new MVNO in 2021 and IoT-VNO frameworks in 2023, promoting fair wholesale access while encouraging private investment in digital infrastructure. Saudi Arabia ranks among the most digitally advanced nations globally, with internet penetration reaching to the population and mobile connections exceeding by 2025. Average mobile data usage surged per user per month in 2024, increasing the global average, reflecting the Kingdom’s mobile-first economy. 5G coverage has expanded to populated areas, and mobile subscriptions are projected to exceed by 2025, further boosting MVNO adoption.

Saudi Arabia MVNO Market Overview

The Saudi Arabia MVNO Market is projected to grow at a CAGR of 7.9% from 2025 to 2031. This market’s growth is underpinned by several key developments. In January 2025, STC secured a government infrastructure contract, expanding wholesale backhaul capacity for MVNOs. Meanwhile, Beyond ONE’s partnership with TIMWETECH in March 2025 introduced Direct Carrier Billing across Virgin Mobile Saudi Arabia and FRiENDi Oman, enabling users to purchase premium content via mobile wallets, an example of how fintech convergence has been transforming MVNO monetization models. Additionally, government initiatives such as the “National IT Development Program” and “Saudi Green Initiative” further align the MVNO sector with ESG and sustainability goals, encouraging investment in AI, IoT, and 5G-based service models.

Also, the telecom sector’s revenue grew from 2021 to 2024, projected to reach more by 2028, supported by strong profitability and a diversification of ICT services. Additionally, Saudi Arabia’s expanding media and entertainment industry, where video streaming occurs via mobile platforms, has been driving MVNO demand for high-data and content-bundled plans. Average daily social-media use stands more with social media identities, underscoring the high engagement potential for digital-centric MVNO offerings and driving the demand for MVNO’s in Saudi Arabia.

Market Segmentation by Operational Model

The full MVNO segment is expected to remain the largest in terms of revenue size and would have fastest growth by 2031 due to its ability to provide advanced, customizable services, including 5G and IoT solutions, that cater to both consumer and enterprise segments, ensuring long-term market dominance.

The service operator segment is expected to witness the fastest growth during 2025-2031 driven by the increasing demand for specialized, niche mobile services tailored to specific industries, such as IoT, M2M, and enterprise solutions. Service operators in the Kingdom are increasingly focusing on offering customized connectivity solutions, including private 5G networks and cloud-integrated mobile services, to meet the evolving needs of businesses.

Market Segmentation by Subscriber

The consumer segment would garner maximum revenue size due to the growing demand for flexible, affordable mobile plans, increasing smartphone penetration, and the expansion of digital-first MVNO offerings, including eSIM adoption. The rising mobile data consumption further driving consumer MVNO subscriptions.

Additionally, competitive pricing and value-added services such as unlimited data plans and bundled entertainment services would continue attracting a large user base. However, the enterprise segment would experience the fastest CAGR growth during 2025-2031 due to the rising adoption of IoT and M2M solutions, driven by smart city projects and industrial automation. Businesses would increasingly rely on MVNOs for tailored connectivity solutions, including private 5G networks and cloud-integrated mobile services.

Market Segmentation by Organization Size

The small and medium enterprise (SME) segment is expected to capture the largest revenue size, driven by the increasing reliance on cost-effective, scalable mobile solutions. SMEs are increasingly adopting digital transformation strategies, including cloud-based services, mobile workforce management, and connectivity solutions. The rise in demand for flexible, customized mobile plans and the ability to scale as businesses grow would contribute significantly to their share of the MVNO market.

Additionally, the SME segment would also experience the fastest growth rate through 2025-2031 due to the rapid adoption of IoT and M2M solutions in sectors such as logistics, manufacturing, and retail. The growing focus on automation and smart technologies will increase the demand for specialized mobile services, making MVNOs an attractive option for SMEs looking to implement advanced mobile solutions at competitive prices.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024
• Base Year: 2024
• Forecast Data until 2031
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Saudi Arabia MVNO Market Overview
• Saudi Arabia MVNO Market Outlook
• Saudi Arabia MVNO Market Forecast
• Historical Data and Forecast of Saudi Arabia MVNO Market Revenues for the Period 2021-2031F
• Historical Data and Forecast of Market Revenues, by Operational Model, for the Period 2021-2031F
• Historical Data and Forecast of Market Revenues, by Subscriber, for the Period 2021-2031F
• Historical Data and Forecast of Market Revenues, Enterprise MVNO by Organization Size, for the Period 2021-2031F
• Saudi Arabia MVNO Market Drivers and Restraints
• Industry Life Cycle
• Porter’s Five Force Analysis
• Saudi Arabia MVNO Market Trends & Evolution
• Market Opportunity Assessment
• Saudi Arabia MVNO Market Revenue Ranking, by Companies
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations
• Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Operational Model

• Reseller
• Service Operator
• Full MVNO

By Subscriber

• Consumer
• Enterprise

By Organization size

• Small & Medium Enterprise
• Large Enterprise