Middle East and Africa ICT Market Report and Forecast 2025-2034

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Middle East and Africa ICT Market Growth

In 2021, the Dubai government launched the Smart City Strategy, under which it aims to leverage critical ICT technologies to connect critical public infrastructure and resources while boosting collaborative action on infrastructure development through connected planning. It also plans to provide government services digitally, prevent the pollution of natural resources, and digitalise educational, healthcare, social, and cultural experiences for the public at large.

The thriving tourism industry of the UAE, which is estimated to contribute AED 450 billion to the national GDP by 2031 and receive 40 million hotel guests, is expected to benefit from the adoption of the metaverse to give tourists a grand vacation experience. This indicates the huge potential for ICT in the country.

In 2023, the International Telecommunications Union ranked Saudi Arabia in the second position (only after the United States) with a score of 96.6 points in the ICT Development Index. This index assesses the quality of ICT infrastructure and the extent of secure internet coverage in the country (99%), whose success was largely driven by the introduction of the National Strategy of Digital Transformation in 2016. Saudi Arabia has emerged as the fastest-growing market for information and communication technologies in the Middle East and Africa. With increasing government investments in the digital economy, the country is assessed to grow at a CAGR of 13.9% over 2025-2034.

Middle East and Africa ICT Industry Segmentation

Middle East and Africa ICT Market Share

Based on industry vertical, the market is divided into manufacturing, energy and utilities, IT and telecom, government, BFSI, and retail and e-commerce, among others. Over the forecast period, the retail and e-commerce sector is projected to grow at a CAGR of 11.4% due to rising internet accessibility and smartphone penetration rates.

Leading Companies in the Middle East and Africa ICT Market

Key players are extensively investing in developing countries in the region to enable small and medium enterprises to undergo a digital transformation and equip the youth with essential skills in AI and other technologies.

• IBM Corp.

• Microsoft Corp.

• Cisco Systems Inc.

• Amazon.com Inc. (Amazon Web Services, Inc.)

• Oracle Corp.

• Palo Alto Networks Inc.

• Accenture Plc

• Dell Inc.

• HP Inc.

• Trend Micro Inc.

• Saudi Telecom Company SJSC

• Others