How big is the Egypt ICT Market?

The Egypt ICT Market size is expected to reach USD 20.07 billion in 2024 and grow at a CAGR of 17.61% to reach USD 45.18 billion by 2029. Read More

What is the current Egypt ICT Market size?

In 2024, the Egypt ICT Market size is expected to reach USD 20.07 billion. Read More

Who are the key players in Egypt ICT Market?

Microsoft, SAP Egypt LLC, Vodafone Egypt, Orange Egypt and Telecom Egypt are the major companies operating in the Egypt ICT Market. Read More

What years does this Egypt ICT Market cover, and what was the market size in 2023?

In 2023, the Egypt ICT Market size was estimated at USD 16.54 billion. The report covers the Egypt ICT Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt ICT Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major challenges faced by the Egypt's ICT Market?

Major challenges faced by the Egypt's ICT Market a) Include regulatory issues b) Cybersecurity threats c) Need for skilled ICT professionals Read More

What are the major challenges faced by the Egypt's ICT Market?

Major challenges faced by the Egypt's ICT Market a) Include regulatory issues b) Cybersecurity threats c) Need for skilled ICT professionals Read More

Egypt ICT Market Report | Industry Analysis, Size & Growth Insights

Egypt ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Egypt ICT Market Report is Segmented by Type (Hardware, Software, IT Services, and Telecommunication Services), Size of Enterprise (Small and Medium Enterprises and Large Enterprises), and Industry Vertical (BFSI, IT and Telecom, Government, Retail and E-Commerce, Manufacturing, Energy and Utilities, and Other Industry Verticals). The Market Sizes and Forecasts are Provided in Value Terms (USD) for all the Above Segments.

Egypt ICT Industry Overview

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.