Market Share of Egypt ICT Industry
The Egyptian ICT market is characterized by fragmentation, with numerous players vying for market share. Key players in this market are actively pursuing advancements. Notably, some leading firms are forging collaborations and extending their reach into emerging markets, aiming to solidify their standing. Among the notable players are Amazon, Microsoft, SAP Egypt LLC, Telecom Egypt, and Etisalat Egypt SAE.
- July 2024: Egypt's Information Technology Industry Development Agency (ITIDA), in partnership with Telecom Egypt and Nokia, a global provider of cell phone technology, signed a Memorandum of Understanding (MoU). The MoU aims to bolster Nokia's footprint in Egypt by bolstering its innovation and export services. Central to this agreement is the creation of an IP Excellence Centre, a move that solidifies Egypt's position as an IT services hub.
- March 2024: Tejas Networks announced a Memorandum of Understanding (MoU) signing with Telecom Egypt (TE), ITIDA, and NTI to bring its expertise from executing the Bharatnet and NKN projects in India to Egypt. Further areas of collaboration encompass training Egyptian engineers and technicians in advanced telecom and networking technologies, creating local production and research centers for fiber-to-the-home (FTTH) products, and initiating technical support services in Egypt.
Egypt ICT Market Leaders
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Microsoft
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SAP Egypt LLC
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Vodafone Egypt
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Orange Egypt
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Telecom Egypt
*Disclaimer: Major Players sorted in no particular order
