Israel ICT Market Share

Market Share of Israel ICT Industry

The Israel 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 IBM Corporation, Cognizant Technology Solutions, Google LLC, Microsoft Corporation, and Oracle, are putting constant efforts to bring advancements. 

In February 2022, Google, the world's leading cloud service provider, activated a local cloud region for Israel, offering cloud services to the country's government and military in a move expected to boost economic growth.

In February 2022, Israel's Ministry of Communications (MoC) approved its deal to sell a controlling stake in local mobile network operator (MNO) 018 Xfone.

Israel ICT Market Leaders

1. IBM Corporation

2. Cognizant Technology Solutions

3. Google LLC

4. Microsoft Corporation

5. Oracle

*Disclaimer: Major Players sorted in no particular order