HomeEconomyTurkish ICT sector registers 83% annual growth in 2023

Turkish ICT sector registers 83% annual growth in 2023

Date:

Popular News

The measurement of the Turkish data and communication applied sciences (ICT) sector reached TL 784.6 billion in 2023, increasing by 83% on an annual foundation in Turkish lira phrases, the nation’s Informatics Industry Association (TÜBISAD) introduced on Tuesday.

In a news convention in Istanbul, the affiliation, in collaboration with Deloitte, revealed that the sector’s measurement additionally elevated on a USD foundation by 27% to $33 billion.

Total employment within the sector was up by 11% to 237,000 individuals throughout the nation, the affiliation’s figures confirmed.

The {hardware} class of knowledge applied sciences grew by 68% to TL 133 billion, software program by 132% to TL 206.9 billion and repair by 96% to TL 62.2 billion.

Under communication applied sciences, the dimensions of the digital communication class elevated by 72% to TL 224.5 billion and {hardware} by 93% to TL 157.8 billion, respectively.

On a world scale, the dimensions of the worldwide data and communication market elevated by 1.1% to $4.45 trillion final 12 months.

In 2023, exports of the sector in Türkiye had been up by 85% to TL 58 billion.

The data expertise software program class accounted for the most important share of exports, with TL 52 billion.

Deputy Industry and Technology Minister Zekeriya Çoştu mentioned in the course of the assembly that the Turkish data ecosystem has the potential to turn out to be “a global phenomenon,” and that the sector’s future is “very promising.”

Mehmet Ali Tombalak, head of the affiliation, additionally mentioned the expertise sector will form the longer term and that every one events must work collectively to make sure its growth.

In 2023, he mentioned, for the primary time data applied sciences surpassed the market measurement of communication applied sciences within the nation.

“Again for the first time when we look at the growth area in information technologies, the software sector is number one, which is what we always wanted,” he added.

“We also grew in software exports, which means that our companies are productizing. This is also a very important development.”

The USD/TRY alternate fee was at 23.79 on common final 12 months.

The Daily Sabah Newsletter

Keep updated with what’s occurring in Turkey,
it’s area and the world.


You can unsubscribe at any time. By signing up you’re agreeing to our Terms of Use and Privacy Policy.
This web site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Source: www.dailysabah.com

Latest News

LEAVE A REPLY

Please enter your comment!
Please enter your name here