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Other IT Outsourcing - GCC

GCC
  • The Other IT Outsourcing market in GCC is expected to see a significant increase in revenue, reaching US$1.18bn by 2025.
  • This projection indicates a promising growth trend in this market segment.
  • Furthermore, it is anticipated that the market will continue to expand at a compound annual growth rate (CAGR) of 4.54% between 2025 and 2029, resulting in a market volume of US$1.41bn by the end of the forecast period.
  • This steady growth demonstrates the potential and opportunities that lie ahead for the Other IT Outsourcing market sector in GCC.
  • Another noteworthy aspect in this market is the average Spend per Employee, which is projected to reach US$36.85 in 2025.
  • This metric reflects the level of investment and expenditure dedicated to each employee within the Other IT Outsourcing market industry.
  • It is indicative of the value and importance placed on human resources within this sector.
  • In terms of global comparison, United States is expected to generate the highest revenue in the Other IT Outsourcing market, with an estimated revenue of US$72.32bn in 2025.
  • This highlights the dominant position of the United States in this industry and underscores the significance of its contribution to the overall market.
  • Overall, the Other IT Outsourcing market in GCC holds great potential for growth and development.
  • With favorable projections and a promising future, businesses and investors in this sector stand to benefit from the opportunities that lie ahead.
  • The GCC countries are experiencing a surge in demand for other IT outsourcing services, as businesses look to leverage their skilled workforce and competitive pricing in the IT services market.

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

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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Key Market Indicators

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

Most recent update: Jan 2025

Source: Statista Market Insights

Explore more high-quality data on related topic

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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