Page 62 - SAMENA Trends - Jan-Mar 2024

ARTICLE SAMENA TRENDS

ARTICLE

Mobily's Role in Enabling Saudi Arabia's Ambitions to

Become a Global Digital Hub

As digital transformation and cloudification accelerate both at the
business and consumer level, global internet traffic is doubling every
two to three years. This requires the availability of state-of-the-art
domestic and international connectivity infrastructure, along with
data centers where the content is locally hosted and interconnected
at internet exchange points (IXPs).

Today’s global digital hubs— such as Frankfurt, Singapore, London,
Amsterdam, Tokyo, New York, and São Paulo are the locations where
carriers, hyperscalers, cloud providers, digital content platforms
(OTTs), content delivery networks (CDNs), and gaming platforms
are locally hosted and globally connected. And as more participants
join a digital hub, the hub's scale and value increases, which in turn
boosts its attractiveness and leads to more ecosystem players
arriving in that location.

Middle East international bandwidth is
expected to increase at a compound
annual growth rate (CAGR) of 35% in the
years leading up to 2028 and we believe
the accelerated adoption of emerging
technologies such as AI, AR/VR, autonomous
vehicles, and robotics will require advanced

ICT infrastructure along with domestic and
international connectivity.
Eng. Thamer Alfadda

The global digital hubs mentioned above also serve as the world's SVP
business, financial, and logistics hubs, benefiting from their Mobily Wholesale &Carriers
strategic geographical locations, advanced infrastructure, favorable
investment climates, enabling policy and regulatory frameworks,
and multicultural environments. These factors are central to Saudi
Arabia’s ongoing transformation efforts, supported by the third pillar
of Saudi Vision 2030, which aims to leverage the Kingdom's unique
strategic location to position it as a global hub connecting three
continents — Asia, Europe, and Africa.

Middle East international bandwidth is expected to increase at a
compound annual growth rate (CAGR) of 35% in the years leading
up to 2028 and we believe the accelerated adoption of emerging
technologies such as AI, AR/VR, autonomous vehicles, and robotics
will require advanced ICT infrastructure along with domestic and
international connectivity.

62 JANUARY-MARCH 2024