We are sharing amazing statistics on the development of IT and technology in the MENA region!

According to Statista:

• The IT Services market in MENA is expected to witness significant growth in the coming years
• According to projections, the revenue in this market is estimated to reach US$33.39bn by 2025
• Among the various segments within the IT Services market, IT Outsourcing is expected to dominate with a projected market volume of US$12.01bn in 2025

If we talk about the development of industries, then according to Mordor Intelligence:

• Saudi Arabia’s Vision 2030: Emphasizes 5G deployment, e-government, data governance, and cybersecurity, setting a foundation for nationwide digital progress
• Rising Digital Transformation Across Industries: The MENA region is experiencing substantial digital transformation across sectors, with industries increasingly integrating cutting-edge technologies
• Financial sector: Fintech solutions, including digital banking and payment systems, are seeing widespread adoption
• Manufacturing: Industry 4.0 technologies, such as AI-driven predictive maintenance, are being implemented to enhance operational efficiency
• Retail: Big Data analytics is being used to personalize customer experiences and optimize inventory management

Source: https://www.mordorintelligence.com/industry-reports/mena-ict-market