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

The Iraq ICT Market is Segmented by Type (Hardware, Software, IT Services, and Telecommunication Services), Size of Enterprises (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 Terms of Value (USD) for all the Above Segments.

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

Iraq ICT Industry Overview

The Iraqi ICT market is moderately competitive and moving toward the fragmented stage as it currently consists of various significant players. Several key players in the market are constantly making efforts to bring advancements. Some key players in the market are IBM Corporation, Oracle, Microsoft Corporation, Cisco Systems, and Google LLC.

  • February 2024: Sparkle unveiled its first point of presence (PoP) in Erbil, marking a significant milestone at Capacity Middle East. This strategic move empowers customers with direct entry to Sparkle's extensive IP suite. Noteworthy features include DDoS protection, enabling customers to autonomously shield their networks from cyber threats. Sparkle's virtual NAP offers seamless access to premier Internet Exchange Points (IXPs), eliminating the necessity for proprietary infrastructure.
  • August 2023: Asiacell, a telecommunications provider in Iraq, partnered with the global tech giant Huawei to introduce the Middle East's inaugural Intelligent IP Network. This milestone underscores Asiacell's commitment to not just meeting but exceeding the heightened service level agreement (SLA) demands, especially in the 5G and Cloud technology era.

Iraq ICT Market Leaders

  1. IBM Corporation

  2. Microsoft Corporation

  3. Infosys Limited

  4. Wipro Limited

  5. Telefonaktiebolaget LM Ericsson

  6. *Disclaimer: Major Players sorted in no particular order
Iraq ICT Market Concentration