Authored By: Sarah
15 Sep 2023

Qatar IT Market to grow by USD 1780.93 Mn in revenue through 2023-2027 | Market Analysis and Highlights

IT modernization, and regulatory compliance in information technology followed by increased adoption of mobility solutions, an increase in IT consolidation and are some of the major determinants shaping the expansion of the IT Market in Qatar. As per the forecast, the Qatar IT Market is forecasted to witness a staggering growth of USD 1,780.93 million with an estimated market growth at a CAGR of 7.71% between 2022 and 2027

Qatar-IT market can be segmented by product (services, hardware, and software) and end-user (government organizations, large enterprises, and SMEs).

Technavio has been monitoring the Qatar-IT Market's growth trajectory which is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. 

 it market size, it market share, it market trends, it market forecast

Qatar-IT Market Growth Drivers Analysis

Navigating through the eccentric Market Drivers of the Qatar-IT Market: Increasing availability of wireless networks, and adoption of mobility solutions followed by mobility in government operations such as data collection using mobile devices and unified communication are some of the major growth drivers of the as it enables smooth data collection using mobile devices and unified communication.

Moreover, IT services for mobile application development reduce the complexities associated with developing and designing mobile applications.

When it comes to market trends adoption of IT as a service is trending among industry verticals, including BFSI, telecom, and public sectors, becoming significant, as they incorporate advanced technologies in their operations.

Don’t miss out on our market report, gain crucial insights into the growing market, and strategize your business portfolio for this product. Request for sample report today.

Core Companies of the Qatar-IT Market: When it comes to the core companies, some of the prominent names worth mentioning come with a wide range of offerings as per end-users requirements are 3M Co., Acer Inc., Almana Soft WLL, Apple Inc., Argus Technologies WLL, Ascentsoft, Cisco Systems Inc., Dell Technologies Inc., Infosys Ltd., InterGlobe Enterprises Pvt. Ltd., International Business Machines Corp.JAS Business Systems, Microsoft Corp., Oracle Corp., QBS LLC, etc.

Organizations like Accenture Plc company offer a wide range of IT services and consulting, Our report includes categorizing the companies as dominant, leading, strong, tentative, and weak. Get a comprehensive report summary describing the market size, forecasted market growth, and data-backed market players analysis.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of almost 7.71%.

  2. What is the incremental growth of the market?
    The market is expected to grow by USD 1780.93 Mn through 2023-2027.

  3. What is a key factor driving this market?
    Increased adoption of mobility solutions will drive market growth over the forecast period.

  4. What are the key regions covered in this market research report?
    Qatar is the key region featured in this research report.

  5. Which is the leading geographic region for this market:
    100% growth will originate from the Middle East and Africa
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