Jan 26, 2021
After contracting 4,9% in 2020, IT spending across the Middle East, Turkey, and Africa (META) will make a welcome return to growth this year, increasing 2,8% to $77,5-billion.
That’s according to the latest predictions revealed by International Data Corporation (IDC), presenting the first ever virtual edition of IDC Directions Middle East, Turkey & Africa.
Group vice president and regional MD Jyoti Lalchandani explains that spending on digital transformation (DX) is set to gather even more pace in the post-pandemic period, increasing from 25% of total IT spending in 2020 to 37% in 2024.
“The Covid-19 pandemic and subsequent economic fallout has accelerated digital transformation across the region, spurring unprecedented demand for contactless services, cloud solutions, and collaboration applications,” says Lalchandani.