Banking - San Francisco, California, United States
The MENA region and in particular GCC markets have some of the highest internet penetration figures in the world. In parallel operators have invested heavily in fixed and mobile broadband services to be able to deliver high quality experiences to customers.The distribution of video content in the region has been dominated by satellite TV operators to date. While the appetite for video content is phenomenal with Saudi Arabia famously having some of the highest per capita consumption figures for online video anywhere in the world. The region is also characterized by a large population bulge in the millennial segment. In KSA 67% of the population is under the age of 30, in the UAE the equivalent is 50% and Egypt 60%. MENA region has more than 230 million Internet user and only 10% of Smart TV global sales. This region has a huge potential and the market is rapidly growing and the demand for more accessibility is increasing.
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