How big is the Oman ICT Market?

The Oman ICT Market size is expected to reach USD 5.47 billion in 2024 and grow at a CAGR of 8.88% to reach USD 9.07 billion by 2029. Read More

What is the current Oman ICT Market size?

In 2024, the Oman ICT Market size is expected to reach USD 5.47 billion. Read More

Who are the key players in Oman ICT Market?

IBM Corporation, Microsoft Corporation, Huawei Investment & Holding Co., Ltd., Oracle Corporation and Wipro Limited are the major companies operating in the Oman ICT Market. Read More

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

In 2023, the Oman ICT Market size was estimated at USD 5.02 billion. The report covers the Oman ICT Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Oman ICT Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key growth drivers for the Oman ICT Market?

Major factors driving the Oman ICT Industry are a) Government initiatives like Vision 2040 b) Investments in digital infrastructure c) Increasing adoption of cloud computing and IoT technologies Read More

Oman ICT Market Size & Share Analysis - Industry Research Report

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

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

Oman ICT Industry Overview

Oman's ICT market is competitive and moving toward the fragmented stage as the market currently consists of various significant players. Some key players are Oracle, Cisco Systems, Hewlett Packard Enterprise, IBM, and Microsoft Corporation. Several key players in the ICT market are in constant efforts to bring advancements.

In January 2023, Oman Trading Establishment Group collaborated with SAP SE to migrate to a private cloud and use digital solutions to increase efficiency, strengthen sustainability initiatives, and improve customer service and staff engagement. IntelliSoft, an SAP gold partner specializing in the automobile sector, is the implementation partner for digital transformation.

In December 2022, Wipro Ltd. launched Capco, a new Middle East financial services advising capacity. Through this, the company will provide strategic management and technology consulting services to Middle Eastern financial services organizations to support their transformation, digitalization, and business consolidation activities.