Digital Transformation Projects Adopted in Developing Markets

 

The Middle East and North Africa (MENA) digital transformation market was valued at $1,121.4 Million in 2015 and is forecast to reach at $2,791 Million by 2020, with a CAGR of 16.4%. With 31.2% market share in 2015, Saudi Arabia held the largest digital transformation market.

Source: Research and Markets

Middle East and North Africa Telecom will Reach $96 Billion

Driven by strong mobile handset data growth, telecoms service revenue in the Middle East and North Africa (MENA) region will grow at a CAGR of 2.9% during 2013–2018 (mobile at 3.3% and fixed at 2.8%), to reach $96 billion in 2018.

The market will continue to be dominated by mobile – mobile retail revenue will grow from $50.4 billion in 2013 to $59.1 billion in 2018.

via Analysys Mason