ICT
ICT Sector in Oman: Empowering the Future Through Digital Innovation
Oman's ICT sector is a cornerstone of the nation's economic diversification under Vision 2040, driving innovation, job creation, and global competitiveness. With 6,828 registered ICT companies by 2023, the sector has become a dynamic ecosystem attracting diverse business models, from startups to multinational corporations. Its strategic alignment with Oman’s digital economy goals positions it as a catalyst for smart governance, SME growth, and sustainable development.
ICT’s Employment
45 k+
-
2023
ICT service exports
367 m
American Dollar (USD)
2023
High internet penetration
95.2 %
-
2022
Totaling
5.3 m
Users
2022
Market Trends & Growth
Government Commitment
Over
441.6 m
American Dollar (USD)
Invested in digital transformation programs since 2022, with initiatives like the National Program for AI and Advanced Digital Technologies (2024–2026) accelerating innovation
Unlocking Oman’s Potential
Opportunities and Projections
With ongoing investments in 5G networks, fiber expansion, cloud computing, and cybersecurity, the ICT sector is well positioned to support future growth and innovation.
Investment Opportunities
Cloud Computing & Data Centers
- Oman Data Park and partnerships with Cisco/Microsoft offer scalable cloud solutions
- Projected $1bn revenue from cloud services by 2024
Smart Cities & E-Governance
- Development of citizen engagement platforms and digital public services
Cybersecurity
- Eight certified security assessment providers1, with growing demand for enterprise solutions.
E-Commerce & IoT
- Rising adoption in energy (60% ICT spending by 2024) and logistics sectors
Growth Projections
Market Growth -
The ICT sector is projected to grow from 5.96 billion in 2025 to 5.96 billion in 2025 to 9.11 billion by 2030, driven by AI, cloud computing, and IoT adoption
Employment -
Thousands of skilled jobs to be created through initiatives like the AI Makers Program and SAP Young Professionals Program
Global Trends -
Accelerated demand for cybersecurity, quantum computing, and smart city solutions aligns with Oman’s investments in AI research and data infrastructure
Investment in IT Spending -
ICT spending is expected to reach around US$2.2 billion by 2024, driven by government-backed digital initiatives.
Market Size in USD Billion
Unlocking Oman’s Potential
Strategic Developments and Infrastructure
Digital Governance & Infrastructure
Government Digital Transformation Program
Oman Government Cloud & National Data Center
5G Expansion
Innovation Ecosystems
National Program for Digital Economy
Knowledge Oasis Muscat (KOM)
Public-Private Collaborations
Oman Data Park
Fiber-Optic Network Upgrades
Regulatory Advancements
Cybersecurity & Data Protection Laws
IPv6 Transition Plan
Reasons to Invest in Oman’s ICT Sector.
Skilled Workforce
SAP’s youth programs and tech certifications for 125+ Omani graduates annually
Advanced Infrastructure
Advanced 5G networks, 11% growth in mobile connectivity (2023)3, and Oman Data Park’s Tier III certification
Strategic Positioning
Positioned at the crossroads of global trade routes, Oman offers excellent regional connectivity.
Innovation and Sustainability
Advancements in technology and eco-friendly practices create a market for growth.
Government Support: Powering ICT Sector.
Allocating at least 10% of government tenders and procurement for small and medium enterprises.
Exemption from customs duties on importing factor equipment
Providing specialized business incubators in various governorates of the Sultanate of Oman.
Providing marketing services to all small and medium enterprises.
Allocating financing programs for small and medium enterprises with a financing ceiling of up to 250 thousand riyals for entrepreneurship card holders
Corporate Income tax of 15%
Customs exemption for: (Switzerland, Norway, Iceland) - States of America - GCC States Arab States - Singapore
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