ICT sector in Turkey 2015 Market Data

Turkish Information and Communications Technology (ICT) sector has grown by 18% (based on TL) and reached to a size of 83,1 billion TL in 2015, with Information Technologies market size being 27,4 billion TL and Communications Technologies market size being 55,7 billion TL. Turkish ICT sector has also expanded in terms of workforce and reached to 113 thousand employees. Another important success story in the ICT sector in 2015 has to do with its improving export power. The exports of the sector has doubled since the previous year and reached to the level of 2,2 billion TL. The most common export destinations are Azerbaijan, USA, Turkish Republic of Northern Cyprus, United Kingdom and UAE.

This positive snapshot of the ICT sector is expected to remain and even improve in 2016. The projected growth rate for 2016 is between 15%-20%.