MUSCAT: Technavio, a market research organization, in its latest report entitled ‘The Information Technology Market in Oman 2022-2026’, stated that it is noticeable that the Omani market achieved an annual growth of 6.84% in 2022 and that it is likely to accelerate with a compound annual growth rate of 8.27% over the forecast period.
Technavio has considered various factors including the number of major IT consulting deals signed worldwide, revenue generated by vendors, budgets allocated by central and state governments across major markets, and GDP growth among others. The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The IT market in Oman report covers the areas of IT Market Size, IT Market Trends and IT Market Industry Analysis.
The report said that increased adoption of mobility solutions has been instrumental in driving the growth of the market.
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