Other IT Services - Iraq

Iraq

The projected revenue for the Other IT Services market in Iraq is expected to reach US$307.40m in 2025.
This indicates a positive growth trend for the market segment.
Furthermore, it is estimated that the revenue will continue to grow at an annual rate of 2.14% from 2025 to 2029.
This growth is projected to result in a market volume of US$334.60m by 2029.
The average spend per employee in the Other IT Services market in Iraq is also expected to increase to US$24.86 in 2025.
In a global context, it is worth noting that United States is anticipated to generate the highest revenue in the Other IT Services market, reaching US$155.50bn in 2025.
This highlights the significant role played by United States in this market segment.
Iraq is experiencing a surge in demand for Other IT Services, driven by increased government investment in digital infrastructure.

Key regions: China, United Kingdom, Germany, Netherlands, India

Market

Region

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Currency

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.