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Qatar IT sector growth drives $2.31bn expansion through 2029

Qatar IT sector growth continues to surge, with the industry set to expand by $2.31 billion by 2029, according to a recent report by Research and Markets. This projection reflects a strong compound annual growth rate (CAGR) of 8.5 percent.

The report highlights key growth drivers such as digital transformation, IT modernization, and rising demand for IT-as-a-Service (ITaaS). As a result, Qatari businesses are moving rapidly toward cloud-first and service-based IT models.

“Global trends and national incentives are accelerating this shift,” noted Lina Farouq, a senior analyst at Gulf Digital Insights.

In addition, hybrid work environments are boosting demand for secure mobile infrastructure. The Bring Your Own Device (BYOD) trend, once optional, has now become essential.

Meanwhile, Qatar IT sector growth closely aligns with the nation’s strategic goals under Qatar National Vision 2030. This long-term plan prioritizes digital innovation as a pillar of economic diversification.

The market landscape also includes global tech giants such as Microsoft, Cisco, and Apple, alongside regional leaders like Almana Soft and Argus Technologies.

“Success in Qatar requires more than just products,” said Jasmeet Kaur, an IT consultant in Doha. “Companies need local partnerships and cultural understanding.”

Furthermore, tech development is creating new jobs. Invest Qatar launched a $1 billion incentive program to attract foreign investment and support talent acquisition.

At the same time, Qatar Science & Technology Park and the Qatar Computing Research Institute support over 1,000 professionals in tech innovation and research.

Additionally, a Statista report shows that IT outsourcing will hit $396 million by 2025, growing at 8.3 percent annually. This surge will increase demand in cloud computing, cybersecurity, and managed IT services.

In conclusion, Qatar IT sector growth signals a major transformation in the country’s economic and technological future.

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