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General

Saudi government ICT spending to hit USD 2.13 bln in 2020

Thursday 28 November 2019 | 11:02 CET | News
Government organisations in Saudi Arabia are expected to spend USD 2.13 billion on information and communication technologies (ICT) in 2020, a 6.1 percent increase on the anticipated spend for 2019, according to a study by IDC. The state ICT spending in Saudi Arabia will increase at a compound annual growth rate (CAGR) of 6.4 percent over the 2018–2023 period, outperforming the overall enterprise market's CAGR of 4.7 percent, the market researcher predicts. 

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Categories: General
Countries: Saudi Arabia
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