GCC And Africa ICT Market Share

Market Share of GCC And Africa ICT Industry

The ICT market in the GCC and Africa is highly fragmented with the presence of major players like Google LLC (Alphabet Inc.), IBM Corporation, Microsoft Corporation, HP Inc., and SAP SE. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• November 2023: Google Cloud inaugurated a new cloud region in Dammam, delivering high-performance, low-latency services to a diverse clientele in Saudi Arabia and the broader Middle East. This clientele ranges from public sector entities and large corporations to SMEs and startups. This move underscored Google's expanding footprint in the Middle East's tech landscape and aligns with its commitment to Saudi Arabia's Vision 2030 objectives.
• November 2023: STC Group, a major player in Saudi Arabia and primarily owned by the Public Investment Fund, announced an expanded strategic partnership with global tech leader Microsoft. Together, they aim to drive innovation across the Kingdom by deploying advanced technological solutions, furthering the digital transformation of various industries in Saudi Arabia.

GCC And Africa ICT Market Leaders

1. Google LLC (Alphabet Inc.)

2. IBM Corporation

3. Microsoft Corporation

4. HP Inc.

5. SAP SE 

*Disclaimer: Major Players sorted in no particular order