Content area
We hold a bullish outlook for the Kuwait IT market in 2025 with strong growth to be supported by Vision 2035 linked initiatives. The agenda is bolstering both digital and physical infrastructure, positioning Kuwait as an emerging player in the regional IT sphere. Headline investments into cloud computing, digital transformation and infrastructure projects have been encouraging global titans such as Oracle, Microsoft and Google Cloud to invest in the market. The IT hardware market will benefit from the expansion of the service sector over the next five years while software and services demand will be heavily linked to cloud computing, artificial intelligence, IoT, M2M and business process optimisation. The delay of the 5% VAT to potentially 2028 will drive retail and consumer spending while strong enterprise investment initiatives will also provide tailwinds.