Skip to main content
  1. Market Insights
  2. Technology

IT Services - Uganda

Uganda
  • The projected revenue in the IT Services market in Uganda is expected to reach UGX US$330.02m in 2025.
  • IT Outsourcing dominates this market segment, with a projected market volume of UGX US$121.29m in 2025.
  • Furthermore, the revenue in this sector is expected to demonstrate an annual growth rate (CAGR 2025-2029) of 9.23%, ultimately resulting in a market volume of UGX US$469.85m by 2029.
  • The average Spend per Employee in the IT Services market is projected to reach UGX US$16.17 in 2025.
  • In comparison to other countries worldwide, United States is anticipated to generate the highest revenue, amounting to UGX US$550.28bn in 2025.
  • Uganda's IT Services market is experiencing a surge in demand for cybersecurity solutions due to increasing digitalization and a growing awareness of cyber threats.

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

Uganda, a landlocked country in East Africa, has been experiencing a steady growth in the IT Services market over the past few years.

Customer preferences:
The Ugandan IT Services market is primarily driven by the demand for software development services. Businesses are increasingly relying on technology to streamline their operations and reach a wider audience. As a result, there has been a surge in the demand for custom software development services across various industries. Additionally, there is a growing preference for cloud-based services, as they offer cost-effective solutions for businesses looking to scale up their operations.

Trends in the market:
One of the key trends in the Ugandan IT Services market is the rise of e-commerce. With the increasing penetration of smartphones and the internet, more and more Ugandans are turning to e-commerce platforms to purchase goods and services. This has led to a surge in demand for web development and mobile application development services. Another trend in the market is the growing adoption of artificial intelligence (AI) and machine learning (ML) technologies. Businesses are increasingly turning to these technologies to automate their operations and gain insights into customer behavior.

Local special circumstances:
Uganda has a young and tech-savvy population, which has been a driving force behind the growth of the IT Services market. Additionally, the Ugandan government has been actively promoting the growth of the IT industry, with initiatives such as the National ICT Policy and the establishment of the National Information Technology Authority (NITA). The government has also been investing in the development of IT infrastructure, such as the National Backbone Infrastructure (NBI) project, which aims to provide high-speed internet connectivity across the country.

Underlying macroeconomic factors:
Uganda has been experiencing steady economic growth over the past few years, with a GDP growth rate of around 6% in 2019. The country has a relatively stable political environment, which has helped to attract foreign investment into the IT Services market. Additionally, Uganda has a relatively low cost of living compared to other African countries, which has made it an attractive destination for outsourcing IT services. However, the country still faces challenges such as a lack of skilled IT professionals and inadequate IT infrastructure in some areas.

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

Access more Market Insights on Technology topics with our featured report

IT Services: market data & analysis - BackgroundIT Services: 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

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.
More data on the topic

Contact

Get in touch with us. We are happy to help.
Meredith Alda
Sales Manager
Tel

+1 914 619-5895

Mon - Fri, 9am - 6pm (EST)

Lodovica Biagi
Director of Operations
Tel

+44 (0)20 8189 7000

Mon - Fri, 9:30am - 5pm (GMT)

Ayana Mizuno
Business Development Manager

Mon - Fri, 10:00am - 6:00pm (JST)

Carolina Dulin
Group Director - LATAM
Tel

+1 212 419-5774

Mon - Fri, 9am - 6pm (EST)

Yolanda Mega
Operations Manager
Tel

+65 6995 6959

Mon - Fri, 9am - 5pm (SGT)