Monday 23 December 2024
 
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IT growth

Saudi cyber security market to top $3.4 billion

While Saudi Arabia’s claims nearly half of the region’s cyber security market estimated at $5.2 billion, it is set to grow an astonishing 57 per cent to $3.48 billion by 2019, according to experts. Four years ago, the

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Mideast-Africa to post second-fastest IT growth

The region's information and communications technology (ICT) spending is set to surpass the $270-billion-mark in 2015, with a nine per cent growth, the second-fastest of any global region, according to research firm IDC. In pa

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Gulf sees IT sector grow 10pc through 2015

The IT services sector of Gulf States will see a compound annual growth rate (CAGR) of 6 to 10 per cent through 2015, with Saudi Arabia, the UAE and Kuwait leading the growth, said a report. The Saudi IT market value is expected to reach $

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