IT Consulting & Implementation - Jordan

  • Jordan
  • The IT Consulting & Implementation market in Jordan is expected to witness significant growth in the coming years.
  • According to projections, the revenue in this market is estimated to reach US$19.98m by 2024.
  • Moreover, it is anticipated that the market will demonstrate a steady annual growth rate of 5.24% from 2024 to 2029, resulting in a market volume of US$25.79m by the end of 2029.
  • In terms of spending, the average Spend per Employee in the IT Consulting & Implementation market is projected to reach US$6.32 in 2024.
  • This indicates the level of investment that companies are willing to make in this sector to enhance their IT infrastructure and operations.
  • When comparing the global market, it is noteworthy that United States is expected to generate the highest revenue in the IT Consulting & Implementation market, with an estimated revenue of US$27,220.00m in 2024.
  • This highlights the dominant position of the US in this sector, owing to its advanced technological capabilities and strong demand for IT consulting services.
  • Jordan's IT consulting and implementation market is experiencing a surge in demand, driven by the country's strong focus on technology and digital transformation initiatives.

Key regions: Brazil, Italy, India, Germany, Netherlands

Market
Region
Region comparison
Currency

Revenue

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Source: Statista Market Insights

in trillion USD (US$)

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Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

Most recent update: Apr 2024

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Source: Statista Market Insights

Technology

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IT Consulting & Implementation: market data & analysis - Background IT Consulting & Implementation: market data & analysis - Cover

Key Players

in percent

2023
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Most recent update: Dec 2024

Source: Statista Market Insights

Analyst Opinion

Jordan, a country located in the Middle East, has been experiencing a steady growth in its IT Consulting & Implementation market in recent years.

Customer preferences:
Jordanian customers have been showing a growing interest in IT consulting and implementation services due to the increasing need for digital transformation in various industries. With the rise of e-commerce and online businesses, companies are looking for ways to improve their online presence and enhance their customer experience. Additionally, the government's initiatives to promote digitalization and innovation in the country have further fueled the demand for IT consulting and implementation services.

Trends in the market:
One of the key trends in the IT Consulting & Implementation market in Jordan is the shift towards cloud-based solutions. As companies look for more efficient and cost-effective ways to manage their IT infrastructure, cloud computing has become a popular option. Another trend is the increasing demand for cybersecurity services, as companies seek to protect their data from cyber threats.

Local special circumstances:
Jordan has a growing startup ecosystem, with many entrepreneurs launching innovative tech companies in the country. This has created a demand for IT consulting and implementation services, as startups look for ways to develop their products and scale their businesses. Additionally, Jordan's strategic location in the Middle East has made it an attractive destination for companies looking to expand their operations in the region.

Underlying macroeconomic factors:
Jordan has a relatively stable economy, with a strong focus on services and industries such as tourism, finance, and healthcare. The government has been investing in infrastructure development and promoting foreign investment in the country, which has helped to create a favorable business environment. Additionally, Jordan has a young and educated workforce, which has helped to drive innovation and entrepreneurship in the country.

Global Comparison

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Sources: Statista Market Insights , Financial Statements of Key Players , National statistical offices

Methodology

Data coverage:

The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

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