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IT Consulting & Implementation - Oman

Oman
  • In 2025, the projected revenue in the IT Consulting & Implementation market in Oman is expected to reach US$22.28m.
  • This market segment is anticipated to display an annual growth rate (CAGR 2025-2029) of 3.42%.
  • Consequently, the market volume is estimated to reach US$25.48m by 2029.
  • It is worth mentioning that the average Spend per Employee in the IT Consulting & Implementation market in Oman is projected to reach US$8.74 in 2025.
  • When comparing globally, it is noteworthy that United States is expected to generate the highest revenue, amounting to US$28.39bn in 2025.
  • The demand for IT consulting and implementation services in Oman is rapidly increasing, driven by the country's focus on digital transformation and technological advancements.

Revenue

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

MOST_RECENT_UPDATE: Apr 2024

SOURCE: Statista Market Insights

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

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

MOST_RECENT_UPDATE: Apr 2024

SOURCE: Statista Market Insights

Key Players

MOST_RECENT_UPDATE: Dec 2024

SOURCE: Statista Market Insights

Analyst Opinion

The IT Consulting & Implementation market in Oman has seen significant growth in recent years, driven by a combination of customer preferences, local special circumstances, and underlying macroeconomic factors.

Customer preferences:
Omani businesses are increasingly seeking out IT consulting and implementation services to improve their operational efficiency and competitiveness. With the rise of digital transformation, companies are looking to adopt new technologies such as cloud computing, artificial intelligence, and big data analytics to streamline their processes and gain a competitive edge. Additionally, Omani businesses are increasingly looking for IT consulting services that can help them comply with regulatory requirements and improve their cybersecurity posture.

Trends in the market:
One of the key trends in the IT Consulting & Implementation market in Oman is the growing demand for cloud-based solutions. With the increasing availability of high-speed internet and the rise of remote work, many Omani businesses are looking to move their IT infrastructure to the cloud. This has led to a growing demand for cloud consulting and implementation services, as well as for cloud-based software solutions such as customer relationship management (CRM) and enterprise resource planning (ERP) systems.Another trend in the market is the increasing importance of data analytics. With the rise of big data, Omani businesses are looking for ways to extract insights from their data and use them to make better business decisions. This has led to a growing demand for data analytics consulting and implementation services, as well as for software solutions that can help businesses analyze and visualize their data.

Local special circumstances:
One of the key special circumstances in the IT Consulting & Implementation market in Oman is the government's focus on economic diversification. In recent years, the Omani government has launched a number of initiatives aimed at diversifying the economy away from oil and gas and promoting the growth of non-oil sectors such as tourism, logistics, and manufacturing. This has led to a growing demand for IT consulting and implementation services in these sectors, as businesses look to adopt new technologies to improve their competitiveness.

Underlying macroeconomic factors:
The underlying macroeconomic factors driving the growth of the IT Consulting & Implementation market in Oman include the country's young and tech-savvy population, its strategic location as a gateway to the Middle East and Africa, and its stable political environment. Additionally, the Omani government's focus on economic diversification and its investment in infrastructure projects such as the Duqm Special Economic Zone have created a favorable business environment for IT consulting and implementation firms.

Global Comparison

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.

Technology

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

Key Market Indicators

NOTES: Based on data from IMF, World Bank, UN and Eurostat

MOST_RECENT_UPDATE: Jan 2025

SOURCE: Statista Market Insights

OUTLOOK_EXPLORE_RELATED_TOPICS

IT services - Statistics & Facts

Unseen yet omnipresent, Information Technology (IT) services are the invisible gears driving modern organizations. These services support business operations and digital transformation through outsourcing, managed services, security, data management, and cloud computing. By leveraging these services, companies enhance efficiency, reduce costs, and gain competitive advantages in a digital marketplace. Prominent cloud providers worldwide include Amazon Web Services, Microsoft Azure, Google Cloud, and Alibaba Cloud. In the managed services sector, Oracle, Accenture, and IBM are among the largest providers globally.
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