Saudi Arabia Video Streaming (Streaming Media) Market Zooming 2.6X to Cross USD 4.7 Billion by 2031

Published | 20 March 2025

Saudi Arabia Video Streaming (Streaming Media) Market is booming primarily due to further deepening of high speed internet, a demographically young and digitally native populace, and the government’s strategic initiatives designed to foster digital growth.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Saudi Arabia Video Streaming (Streaming Media) Market size by value at USD 1,812.56 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Saudi Arabia Video Streaming (Streaming Media) Market size to boom at a robust CAGR of 14.6% reaching a value of USD 4,705.27 million by 2031. The Video Streaming (Streaming Media) Market in Saudi Arabia is propelled by robust broadband infrastructure and the pervasiveness of high-speed internet, ensuring a seamless user experience. Millennial mobile-centricity and the proliferation of smart TVs with integrated streaming applications further amplify this growth. A pivotal shift is observed with the convergence of entertainment and e-commerce, as platforms integrate shopping functionalities, unlocking novel revenue streams. Complementing this dynamic landscape are supportive regulatory frameworks that fortify content management and intellectual property rights. Strategic alliances between streaming services, telecom operators, content creators, and influencers are orchestrating innovative marketing and content strategies, deepening user engagement.

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SVOD Is Leading Revenue Model in Saudi Arabia Video Streaming Market

The subscription-based video on demand (SVOD) segment accounts for the largest share of Saudi Arabia Video Streaming (Streaming Media) Market by revenue model. Its preference is largely driven by strong consumer demand for ad-free, exclusive content and flexible viewing options offered by platforms like Netflix, Shahid VIP, and Amazon Prime Video. Saudi Arabia exhibits a high rate of SVOD adoption, with consumers averaging multiple subscriptions. A key factor is the under-25 demographic, whose preference for on-demand, digital-first content significantly contributes to market growth. The Kingdom's young, tech-savvy population, coupled with a robust economic environment and the strategic objectives of Vision 2030, fuels the expansion of SVOD. High smartphone penetration and advanced digital infrastructure further support this trend. Continued investment in both local and international content by major streaming providers reinforces SVOD's position as the primary revenue driver in the Saudi Arabian video streaming sector.

Impact of Escalating Geopolitical Tensions on Saudi Arabia Video Streaming (Streaming Media) Market

Intensifying geopolitical tensions could have a multifaceted impact on Saudi Arabia Video Streaming (Streaming Media) Market, potentially disrupting content licensing, investment inflows, and global partnerships through trade restrictions and economic uncertainties, while heightened regulatory scrutiny and potential censorship could limit content availability and user engagement; furthermore, fluctuating foreign exchange rates and supply chain vulnerabilities may inflate operational costs, and shifts in consumer spending due to economic instability could slow subscription growth, necessitating a strategic pivot towards localized content, robust collaborations, and adaptive pricing models to navigate these complexities and sustain market growth.

Competitive Landscape

Saudi Arabia Video Streaming (Streaming Media) Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Netflix, Shahis (MBC Group), Amazon Prime Video, Disney+, Anghami, Spotify, OSN Streaming, Apple TV+, StarzPlay, and YouTube Premium. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Saudi Arabia Video Streaming (Streaming Media) Market.

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The report's in-depth analysis provides information about growth potential, upcoming trends, and Saudi Arabia Video Streaming (Streaming Media) Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Saudi Arabia Video Streaming (Streaming Media) Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Scope of the Report

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