Turkey's ICT sector grows despite tough conditions

Ersin Çelik
16:12, 31/05/2016, Tuesday
AA
Turkey's ICT sector grows despite tough conditions

Size of information and communication technology amounts to 83 billion Turkish liras in 2015

The size of the information and communication technology (ICT) sector in Turkey has increased 18 percent in 2015 from the previous year, amounting to 83 billion Turkish liras ($28 billion), an informatics association said Tuesday.



Speaking to reporters, the head of the Istanbul-based Informatics Industry Association (TUBISAD), Kubra Erman Karaca, said this increase had been achieved in a difficult context as Turkey went through two general elections, macroeconomic problems and a geopolitical crisis.



"The ICT sector has also employed 113,000 people and increased its export to 2.2 billion Turkish liras ($745 million)," said Karaca, adding that the effects of currency fluctuations had influenced the sector negatively though.



The head of the Information and Communication Technologies Authority (BTK) Omer Fatih Sayan said the country had gained ground in the ICT sector recently by progressing to advanced fourth-generation (4G) telecom services.



"But we need more technological infrastructure and qualified employees in this sector to boost the trade volume," Sayan added.



Dubbed 4.5G in Turkey, 4G services became operational on April 1.



According to the Turkish Prime Ministry Investment Support and Promotion Agency (ISPAT), Turkey is well aware of the fact that this sector will have a much more influential role in the future than it currently has.



IT spending on hardware, software, IT services and telecommunication services in Turkey are expected to increase to $30 billion by 2017 while increasing the ICT sector's size to $160 billion, with a market growth of around 15 percent each year until 2023, the agency says.









Page End
Turkey's Accumulation. International Media Group.

Welcome to the news source that sets Turkey's agenda! With its impartial, dynamic, and in-depth journalism, Yeni Şafak offers its readers an experience beyond current events. Get instant updates on what's happening in Turkey and worldwide, with news spanning a wide range from politics and economy to culture, arts, and sports. Access the most accurate information anytime, anywhere with its digital platforms; keep up with the agenda with Yeni Şafak!

Follow us on social media.
Download Mobile Apps

Carry the agenda in your pocket! With Yeni Şafak's mobile apps, get instant access to the latest news. A wide range of content, from politics to economy, sports to culture and arts, is at your fingertips! Easily download it on your iOS, Android, and Huawei devices to quickly access the most accurate information anytime, anywhere. Download now, don't miss out on developments around the world!

Categories
Albayrak Media

Maltepe Mah. Fetih Cad. No:6 34010 Zeytinburnu/İstanbul, Türkiyeiletisim@yenisafak.com+90 212 467 6515

LEGAL DISCLAIMER

The BIST name and logo are protected under a 'Protection Trademark Certificate' and cannot be used, quoted, or modified without permission. All information disclosed under the BIST name is fully copyrighted by BIST and may not be republished. Market data is provided by iDealdata Financial Technologies Inc. BIST stock data is delayed by 15 minutes.

© Net Medya, All right reserved. 2026