The GCC And Africa ICT Market size is estimated at USD 266.55 billion in 2024, and is expected to reach USD 424.73 billion by 2029, growing at a CAGR of 9.77% during the forecast period (2024-2029).
The ICT market in the GCC and Africa is highly fragmented with the presence of major players like Google LLC (Alphabet Inc.), IBM Corporation, Microsoft Corporation, HP Inc., and SAP SE. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
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