Nigeria ICT Market Share

Market Share of Nigeria ICT Industry

The Nigerian ICT market faces intense competition driven by a multitude of both small and large players. Key players, including Microsoft Corporation, Oracle Corporation, Google LLC, Cognizant, and HCL Technologies, are driving moderate concentration in the market. They are strategically focusing on product and service innovation, alongside mergers and acquisitions, to bolster their competitive edge and expand their market footprint.

• May 2024: Nigeria's National Information Technology Development Agency (NITDA) signed an MoU with Cisco, centering on AI and smart agriculture. Both entities underscore that their collaboration seeks to harness digitalization's potential in Nigeria, steering the nation toward a more inclusive future. This collaboration will focus on launching pilot projects in crucial sectors. These include transforming the National Centre for Artificial Intelligence and Robotics (NCAIR) into an AI and cybersecurity hub, emphasizing both experience and incubation.
• November 2023: Havilla University (HUNI), a privately-owned institution in Nde-Ikom, Cross River State, Nigeria, forged a partnership with New Horizons, an IT training company. The collaboration aims to enhance the school's ICT programs.

Nigeria ICT Market Leaders

1. Microsoft Corporation

2. Oracle Corporation

3. Google

4. Cognizant

5. HCL Technologies

*Disclaimer: Major Players sorted in no particular order