Digital transformation investments in the Middle East, Türkiye, and Africa (META) are set to more than double across the 2021–2026 period, according to the latest forecast from International Data Corporation (IDC).
The global technology research, consulting, and events firm said that digital transformation spending in the region will accelerate at a compound yearly growth rate (CAGR) of 16 per cent over the five years, topping $74 billion in 2026 and accounting for 43.2 per cent of all ICT investments made that year.
Read more: META: Digital transformation to cost Middle East, Africa $74 billion