Bahrain ICT Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Bahrain ICT Market is Segmented by type (hardware, software, IT services, telecommunication services), by the size of the enterprise (small and medium enterprises, large enterprises), by end-user vertical (BFSI, IT & Telecom, government, retail, and E-Commerce, manufacturing, energy, and utilities, and other industry verticals). The market sizes and forecasts are in terms of value (USD million) for all the above segments.

Bahrain ICT Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Bahrain ICT Market Size

Bahrain ICT Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 6.70 %
Market Concentration Medium

Major Players

Bahrain ICT Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Bahrain ICT Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Bahrain ICT Market Analysis

The Bahrain ICT Market is expected to register a CAGR of 6.7% during the forecast period.

  • The ICT sector includes both the IT and Telecom markets. IT investments are growing, and the ICT market demand is expected to grow significantly over the next five years. The increasing need to explore and adopt digital technologies and initiatives, the increase in the overall digitalization demand and scalable IT infrastructure, the wide 5G network adoption, and the rising penetration of technology investments are significantly boosting the ICT market's growth. Although information and communication technology (ICT) is everywhere, it plays a significant role in the Country's economic development.
  • The government took initiatives to develop the ICT industry, which will drive new growth opportunities for the ICT market. For instance, Bahrain's Education Minister signed an education agreement between the Ministry and Microsoft on the sidelines of his participation in the Global Education and Skills (GESS) Forum held in Dubai, UAE. The agreement aims to develop students' and teachers' skills using information communication technology.
  • According to ITU ICT Development Index (IDI), Bahrain ranked first in the Arab region for several consecutive years. It continues to be a regional ICT leader offering the most competitive and affordable ICT services, with 30-40% operational savings compared to nearby countries. Additionally, being the first Country in the GCC to deregulate its Telecommunication sector, adopt a CloudFirst Policy nationwide, and a plan to reach net zero carbon emissions by 2060. Such government initiatives will bring new growth opportunities for the Bahrain ICT market.
  • According to the IMF (International Monetary Fund), Bahrain's GDP is expected to grow by USD 53.14 billion by 2027. The county's GDP is growing significantly with increasing IT investments that would create new growth opportunities for the Bahrain ICT market.
  • According to ITU (International Telecommunication Union), internet penetration in Bahrain is expected to grow steadily from 2022 to 2026. As per the research, the Country's internet penetration increased from 98.6% in 2022. Also, Bahrain's internet penetration is expected to grow by 99.5% by 2026. The growing internet penetration will drive new growth opportunities for the Bahrain ICT market.
  • The COVID-19 pandemic significantly impacted the Country's information technology and telecommunication industry and other facets of daily life. A large portion of the Country's population was forced to spend constant time at home due to the pandemic, which increased remote jobs, telemedicine, online education, and streaming in-home entertainment. The high demand for mobile and residential broadband access boosted the telecommunication sector.

Bahrain ICT Industry Overview

Bahrain's ICT market is moderately competitive and moving toward the fragmented stage as the market currently consists of various significant players. Several key players in the ICT market are in constant efforts to bring advancements. Some of the current growth in the market are:

April 2022 - Batelco and Ericsson sign MoU (Memorandum of Understanding) for next-generation 5G technologies and innovations in Bahrain.

July 2022 - The Information and eGovernment Authority, and Microsoft, a leading technology company, organized a workshop on the latest innovations with the participation of Chiefs of Information Officers and managers representing various government agencies in the Kingdom of Bahrain. The workshop follows the recent renewal of a strategic collaboration between the Kingdom of Bahrain's government, represented by the Information and eGovernment Authority, and Microsoft to support national initiatives and accelerate the pace of digital transformation in the Kingdom of Bahrain.

Bahrain ICT Market Leaders

  1. Oracle

  2. Amazon

  3. IBM

  4. Microsoft Corporation

  5. Wipro

  6. *Disclaimer: Major Players sorted in no particular order
Bahrain ICT Market Concentration
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Bahrain ICT Market News

  • November 2022: Stc Bahrain, a world-class digital enabler, signed a strategic partnership deal with Microsoft and Crayon to provide its corporate clients with a Microsoft services portfolio. As part of the agreement, Stc Bahrain will work with Crayon, a Microsoft Cloud Solutions Provider, to deliver cutting-edge technology solutions to Bahrain's SMEs and corporates.
  • August 2022: Stc Bahrain announced plans to build the foundation for a 5.5G network in partnership with Huawei. The announcement is part of the operator's three-year goal to construct and enhance infrastructure to fuel the next 5G version.
  • August 2022: Zain telecommunications operator collaborated with Ericsson to deploy the most innovative Internet of Things (IoT) technology.

Bahrain ICT Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Market Definition and Scope
  • 1.2 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Stakeholder Analysis
  • 4.3 Industry Attractiveness-Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Consistent Digital Transformation Initiatives
    • 5.1.2 Robust Telecommunication Network
  • 5.2 Market Restrain
    • 5.2.1 Concerns Relating To Economic Crisis Across the Country

6. KEY TECHNOLOGY INVESTMENTS

  • 6.1 Cloud Technology
  • 6.2 Artificial Intelligence
  • 6.3 Cyber Security
  • 6.4 Digital Services

7. MARKET SEGMENTATION

  • 7.1 By Type
    • 7.1.1 Hardware
    • 7.1.2 Software
    • 7.1.3 IT Services
    • 7.1.4 Telecommunication Services
  • 7.2 By Size of Enterprise
    • 7.2.1 Small and Medium Enterprises
    • 7.2.2 Large Enterprises
  • 7.3 By Industry Vertical
    • 7.3.1 BFSI
    • 7.3.2 IT and Telecom
    • 7.3.3 Government
    • 7.3.4 Retail and E-commerce
    • 7.3.5 Manufacturing
    • 7.3.6 Energy and Utilities
    • 7.3.7 Other Industry Verticals

8. COMPETITIVE LANDSCAPE

  • 8.1 Company Profiles
    • 8.1.1 Oracle
    • 8.1.2 Amazon
    • 8.1.3 IBM
    • 8.1.4 Microsoft Corporation
    • 8.1.5 Wipro
    • 8.1.6 Cognizant Technology Solution
    • 8.1.7 Google LLC
    • 8.1.8 HCL Tech
    • 8.1.9 Concentrix
    • 8.1.10 Software AG
  • *List Not Exhaustive

9. INVESTMENT ANALYSIS

10. FUTURE OF THE MARKET

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Bahrain ICT Industry Segmentation

Bahrain's ICT market includes deep analysis of critical technology investments such as cloud technologies and artificial intelligence.

Bahrain ICT Market is Segmented by type (hardware, software, IT services, telecommunication services), by the size of the enterprise (small and medium enterprises, large enterprises), by end-user vertical (BFSI, IT & Telecom, government, retail, and E-Commerce, manufacturing, energy, and utilities, and other industry verticals).

The market sizes and forecasts are in terms of value (USD million) for all the above segments.

By Type Hardware
Software
IT Services
Telecommunication Services
By Size of Enterprise Small and Medium Enterprises
Large Enterprises
By Industry Vertical BFSI
IT and Telecom
Government
Retail and E-commerce
Manufacturing
Energy and Utilities
Other Industry Verticals
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Bahrain ICT Market Research FAQs

What is the current Bahrain ICT Market size?

The Bahrain ICT Market is projected to register a CAGR of 6.7% during the forecast period (2025-2030)

Who are the key players in Bahrain ICT Market?

Oracle, Amazon, IBM, Microsoft Corporation and Wipro are the major companies operating in the Bahrain ICT Market.

What years does this Bahrain ICT Market cover?

The report covers the Bahrain ICT Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Bahrain ICT Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Bahrain ICT Industry Report

Statistics for the 2025 Bahrain ICT market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Bahrain ICT analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.