Morocco's Information and Communication Technology (ICT) industry is growing rapidly, offering various opportunities for businesses and investors. With a market size of approximately $20.73 billion in 2023, the sector is projected to expand to $29.21 billion by 2028. This growth is driven by government initiatives, major companies entering the market, and emerging technologies. Understanding the current landscape of the ICT industry in Morocco is essential for stakeholders looking to navigate this dynamic environment.
Key Takeaways
Morocco's ICT market is expected to grow at a rate of 7.10% annually from 2023 to 2028.
The government is focused on digital transformation, aiming to create 300,000 jobs in the digital sector by 2030.
Major companies like IBM, Microsoft, and Amazon Web Services are key players in the Moroccan ICT landscape.
Emerging technologies such as AI, cloud computing, and IoT are reshaping the industry.