Revolutionizing Digital Landscapes: GCC IT Services Propel Innovation, Efficiency, and Connectivity Across Industries

The GCC (Gulf Cooperation Council) IT services market is a dynamic sector experiencing rapid growth and transformation. The region is witnessing a surge in demand for IT services across various industries. The GCC IT services market reflects a robust ecosystem, with a focus on software development, system integration, and IT consulting. Additionally, the region's commitment to diversifying economies is driving innovation and encouraging the adoption of cutting-edge IT solutions. As the market continues to evolve, the GCC IT services sector is poised for sustained expansion, offering a promising landscape for both local and international players.

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Data Bridge Market Research analyses that the GCC IT Services Market is expected to reach the value of USD 809.11 million by 2029, at a CAGR of 12.5% during the forecast period of 2022 to 2029 from USD 315.34 million in 2021. Small and medium enterprises in the UAE are leveraging affordable low-current services from external providers to facilitate digitalization and IT infrastructure development. This cost-effective outsourcing allows companies to optimize operations without expanding their infrastructure, making it a pivotal factor in driving market growth among SMEs in the region.

Key Findings of the Study

Rising demand for remote working and learning facilities is expected to drive the market's growth rate

The global pandemic disrupted education in over 150 countries, affecting 1.6 billion students. In response, many nations swiftly implemented remote learning as an emergency measure during the initial stages of COVID-19. Although these measures were not always effective, as the pandemic progressed, education responses evolved. The focus shifted towards refining and adapting remote learning modalities to better meet the challenges posed by the ongoing public health crisis.

Report Scope and Market Segmentation

Segment Analysis:

The GCC IT services market is segmented on the basis of type, organization size, system, and end-user.

• On the basis of system, GCC IT services market is segmented into smart system, security system, and control and automation
• On the basis of type, GCC IT services market is segmented into professional services and managed services
• On the basis of tier organization size, GCC IT services market is segmented into large enterprises, and small and medium enterprises
• On the basis of end user, the GCC IT services market is segmented into commercial, industrial, residential, government, and others

Major Players

Data Bridge Market Research recognizes the following companies as the major GCC IT services market players in GCC IT services market are Mobi EGYPT (Egypt), Industrial Dimensions Contracting Co. (Saudi Arabia), EMergy Consultancy (Dubai), BITS secure IT infrastructure. (U.A.E), Guqa IT Team (Saudi Arabia), Zegtech Inc. (U.S.), BTC NETWORKS (Saudi Arabia), Skies ltd. (U.K.), ADS(U.K.).

Market Developments

• In August 2022, Torch.AI, pioneers of data infrastructure AI, announced that the United States Department of Defense (DOD) had selected the company's software for a new cyber and insider threat analysis capability, the System for Insider Threat Hindrance (SITH). With Torch.AI, the new SITH system dramatically increases the quality and availability of information to detect threats by fusing disparate, complex government and commercial datasets and automating key tasks with advanced machine learning
• In June 2022, Energy Pillars achieved a milestone by successfully completing the ITT No. 2107-717 electrical upgradation project at Mina Zayed port facilities. This accomplishment not only enhances operational efficiency but also positions the company as a reliable player in the market. The upgraded facilities will such asly attract new customers, fostering growth opportunities and strengthening Energy Pillars' brand value. The successful project execution underscores the company's commitment to quality, contributing to its competitiveness in the market
• In February 2022, collaboration with global partners, Cisco has planned to bring the promise of private 5G to enterprises, reducing the enterprise customers' technical, financial, and operational risks associated with managing enterprise private 5G networks. Cisco has worked closely with two leading ORAN vendors to incorporate ORAN technology into Cisco Private 5G, which has currently in customer trials with Airspan and JMA

Regional Analysis

Geographically, the countries covered in the GCC IT services market report are U.A.E, Saudi Arabia, Qatar, Oman, Kuwait, Bahrain.

As per Data Bridge Market Research analysis:

Saudi Arabia is estimated to be the fastest-growing region in the GCC IT services market for the forecast period 2022-2029

Saudi Arabia is expected to dominate the GCC IT services market, leveraging its prominent position with large enterprises and substantial data flow in the region. The kingdom's robust infrastructure and technological advancements position it as a key hub for IT services. With an increasing demand for digital solutions, Saudi Arabia is poised to lead, offering a fertile ground for IT service providers to cater to the evolving needs of enterprises and capitalize on the burgeoning market opportunities. 

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