Double-digit growth expected in Azerbaijan’s IT sector
By Trend
Azerbaijan’s IT sector is expected to grow by an average of 12.3 percent annually from 2018 to 2022, Trend reports with reference to Marketing Analysis Azerbaijan 2019.
In the IT services and software sectors, an average growth of 16 percent per year is expected. A corresponding increase of 11.3 percent in IT equipment is forecast. The whole IT industry market could reach $1.6 billion in 2022, compared with approximately $0.9 billion in 2018.