How big is the Kazakhstan ICT Market?

The Kazakhstan ICT Market size is expected to reach USD 1.33 billion in 2024 and grow at a CAGR of 9.36% to reach USD 2.08 billion by 2029. Read More

What is the current Kazakhstan ICT Market size?

In 2024, the Kazakhstan ICT Market size is expected to reach USD 1.33 billion. Read More

Who are the key players in Kazakhstan ICT Market?

Microsoft Corporation, Andersen Inc., LeverX International Company LLC., JSC Kazteleport and G5 Cyber Security are the major companies operating in the Kazakhstan ICT Market. Read More

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

In 2023, the Kazakhstan ICT Market size was estimated at USD 1.21 billion. The report covers the Kazakhstan ICT Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Kazakhstan ICT Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Kazakhstan ICT Market Size & Share Analysis - Industry Research Report

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

Kazakhstan ICT Market Report is Segmented by Type (Hardware, Software, 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 Terms of Value (USD) for all the Above Segments.

Kazakhstan ICT Industry Overview

The Kazakhstan ICT market is moderately competitive due to the presence of significant players like Microsoft Corporation, Andersen Inc., and LeverX International Company LLC. Market players are bolstering their portfolios and striving for a sustainable competitive edge through strategic partnerships and product launches.

March 2024: Ant Group Digital Technologies and Bank CenterCredit (BCC) have partnered to enhance service delivery in Kazakhstan through digital solutions, prioritizing speed and reliability for end-users. As the initial phase of their partnership, BCC would utilize mPaaS, a comprehensive cloud-based solution for end-to-end mobile development created by Ant Group's digital technologies. This move aims to launch BCC's inaugural SuperApp in Kazakhstan.
February 2024: The Ministry of Digital Development in Kazakhstan, in partnership with Presight, a G42 company, and the Sovereign Wealth Fund of Kazakhstan, Samruk-Kazyna, has declared the development of an advanced AI supercomputer and data center cluster. This initiative aims to bolster the nation's digital transformation efforts. The agreement signifies the inaugural project of the recently formed Samruk-Kazyna-Presight joint venture. Its primary goal is to establish the cornerstone of Kazakhstan's national AI digital infrastructure.