Oman’s ICT market to reach OMR2.2 billion by 2024

  • Date: 14-Jun-2021
  • Source: Times of Oman
  • Sector:Technology
  • Country:Oman
  • Who else needs to know?

Oman’s ICT market to reach OMR2.2 billion by 2024

Muscat: Oman Vision 2040's digital transformation will boost the Sultanate's ICT market to OMR2. 2 billion ($5. 6 billion) by 2024, and drive new levels of citizen engagement, global technology company SAP announced launching a new whitepaper 'Navigating Oman's Vision 2040 Through SAP's Lens'. Thanks to nationwide digital transformation, Oman's ICT market will nearly double to OMR2. 2 billion ($5. 6 billion) by 2024, up from OMR 1. 2 billion ($3. 2 billion) in 2019, according to a recent report by market research firm GlobalData. The whitepaper highlights the digital transformation opportunity for the Sultanate across five areas: a society of creative individuals, a competitive economy, a sustainable environment, responsible state agencies, and building SmartCities. "Oman's government agencies can achieve Oman Vision 2040 goals by digitally transforming into Intelligent Enterprises that can integrate back-end operations and centre the citizen experience," said Waheed Al Hamaid, Managing Director, SAP Oman. "Citizen engagement platforms can enhance happiness and trust, reduce costs and security risks, and rapidly deploy and future-proof e-services." Supporting creative individuals, real-time technology can help education and healthcare institutions to operate more efficiently and personalise tracks and patient treatment. In the competitive economy, an integrated job matching platform could connect citizens