The State of Kuwait

 

“Kuwait, with a population of 2.26 million, is the third largest information  technology (IT) market in the Gulf Region, after Saudi Arabia and the UAE.  The total market for IT for hardware and software in Kuwait is estimated at USD 90 million for 2000, with software programs representing 40 percent of sales. There are 80,000 Internet subscribers in Kuwait. However, this relatively low figure is deceptive, as multiple users for these subscriber accounts boost the overall Internet usage to over 250,000 individuals. The number of both subscribers and users is projected to increase at 10-15 percent per year.

                 

Market acceptance of U.S. IT and E-Commerce products and services in Kuwait is very strong. Kuwaitis are very well informed IT consumers and view American products as offering superior technology. However, European and Asian IT competitors are also active here, making Kuwait a very competitive and price sensitive market.”

 

 

 

                 

Domestic IT Market Size

Source:  strategis.ic.gc.ca

Sources: Central bank of Kuwait, Ministry of Planning (MoP), Embassy Estimates

Analysis:

National IT

Strengths &

Weaknesses

National ICT

Policies

Domestic IT

Market Size