Smart tech adoption to spur region’s ICT market to $20bn by 2020

Buoyed by region-wide investment in Smart technology spending, the region’s ICT market is set to jump from a projected $15bn in 2014 to $20bn in 2020, boosted by infrastructure spending by the government sector – the largest and fastest growing vertical market according to International Data Corporation.The positive trend has spurred global demand for GITEX  […]

Buoyed by region-wide investment in Smart technology spending, the region’s ICT market is set to jump from a projected $15bn in 2014 to $20bn in 2020, boosted by infrastructure spending by the government sector – the largest and fastest growing vertical market according to International Data Corporation.
The positive trend has spurred global demand for GITEX  Week 2014 – the largest ICT event in the Middle East, Africa and South Asia (MEASA) – with this year’s event due to host more than 3,700 exhibiting companies from 61 countries and 100,000 visitors from 150 countries.
GITEX TECHNOLOGY WEEK has also partnered the world’s top ICT leaders to share transformational developments with regional companies across the show’s four knowledge themes: Smart, Cloud, Big Data and Mobility.
Helal Almarri, Director General, Dubai’s Department of Tourism & Commerce Marketing (DTCM) and CEO, DWTC, said: “Under the visionary guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, Dubai is set to transform into a ‘Smart City’ by harnessing technology to create better living conditions and new forms of developments for all people in Dubai and the UAE. GITEX Technology Week is privileged to contribute to this vision by facilitating the public-private partnership in knowledge exchange and sharing of achievements between the world’s leaders in smart innovations and local organisations leading the smart transformation of Dubai.”
Peter Jack, Director General, Nigeria’s National Information Technology Development Agency, said: “Nigeria has leapfrogged traditional communications to become an ICT leader. At GITEX, we will showcase our standing as Africa’s gateway for ICT investment opportunities and best practices on how connectivity can make a social impact.”