Infographic: Projected ICT Market Size in Egypt by 2029

The Information and Communications Technology (ICT) market in Egypt is expected to reach $45.18 billion by 2029, reflecting the significant growth in the technology sector and the country’s ongoing digital transformation, according to recent data released by the Information Technology Industry Development Agency (ITIDA).

This growth is also driven by increased investments in digital infrastructure and technology services.

According to forecasts, software development jobs dominate Egypt’s tech job market, accounting for 58% of all job openings. This is followed by IT management and artificial intelligence/data analysis jobs, each representing 9%, while IT infrastructure jobs make up 7.5%. Information security jobs account for 4.4%.

Statistics show that the average annual salary for software engineers in Egypt ranges from 120,000 to 240,000 Egyptian pounds, reflecting the high demand for these skills and the significant value these jobs bring to the workforce.

English leads the list of the most in-demand language skills in the tech job market, with a 49% demand rate. Deutch follows at 23%, with French in third place at 14%.

The substantial growth of the ICT market reflects the global shift towards digital transformation and the increasing reliance on technology across various sectors. It also highlights the importance of innovation and development, especially in software development, in driving technological growth.