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

Myanmar 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 provided in value (USD million) for all the above segments.

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

Myanmar ICT Market Size

Myanmar ICT Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 0.50 %
Market Concentration Medium

Major Players

Myanmar ICT Market Major Players

*Disclaimer: Major Players sorted in no particular order

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

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Myanmar ICT Market Analysis

The Myanmar ICT Market is expected to register a CAGR of 0.5% during the forecast period.

  • The ICT sector includes both the IT and Telecom markets. IT investments are growing, and the demand for the ICT market 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 demand for digitalization and scalable IT infrastructure, the wide 5G networks adoption, and the rising penetration of technology investments are significantly boosting the ICT market growth.
  • According to the IMF (International Monetary Fund), Myanmar's GDP is expected to grow by USD 74.9 Billion by 2027. The county's GDP is growing significantly with increasing IT investments that would create new growth opportunities for the Myanmar ICT market.
  • Key players in the ICT market are taking initiatives to deploy 5G services in Myanmar. For Instance, ATOM, the service provider previously known as Telenor, announced that it's planning to invest hundreds of millions of dollars in Myanmar over the next several years to roll out the first 5G service in the market.
  • According to ITU, internet penetration in Myanmar is expected to grow steadily from 2019 to 2026. As per the research, the country's internet penetration increased from 51.1% in 2019. Also, Myanmar's internet penetration is expected to grow by 64.7% by 2026. The growing internet penetration will drive new growth opportunities for the Myanmar ICT market.
  • While the COVID-19 epidemic influenced the Myanmar ICT market by deploying new technologies to increase efficiency, robotic process automation, big data, artificial intelligence, machine learning, blockchain, cloud computing, the internet of things, cybersecurity, and augmented/virtual reality are accelerating the Myanmar ICT market growth.

Myanmar ICT Industry Overview

Myanmar'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 critical improvements in the market are:

May 2022 - Whale Cloud, a leading technology company that provides software solutions and services for telecommunications and multiple industries, announced that Ooredoo Myanmar, a leading telecommunications company in Myanmar, went live with Whale Cloud's Digital BSS, allowing the company to embrace a cloud-native, open, agile, and flexible Business Support System (BSS) for accelerated digital transformation.

Myanmar ICT Market Leaders

  1. IBM

  2. Microsoft Corporation

  3. Oracle

  4. Wipro

  5. Cisco

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

  • September 2022: At the 2022 Alibaba Cloud Summit, Alibaba Cloud, Alibaba Group's digital technology and intelligence backbone, revealed its newest worldwide strategic plan. During the three-day summit, the trusted cloud provider announced new products to support enterprise technology innovation, a USD 1 billion investment to upgrade the global partner ecosystem, and enhanced customer services to provide comprehensive support throughout a customer's digitalization journey.
  • August 2022: MPT Launches Myanmar's First One-Stop Cloud Service. The new MPT B2B Cloud solution assists businesses in meeting tight legal requirements, storing personal information and secure storage of personal data, and reducing domestic access latency.

Myanmar 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 IBM
    • 8.1.2 Microsoft Corporation
    • 8.1.3 Huawei
    • 8.1.4 Oracle
    • 8.1.5 Wipro
    • 8.1.6 Infosys
    • 8.1.7 Myanma Posts and Telecommunications (MPT)
    • 8.1.8 Cisco
    • 8.1.9 Quantumm Solutions and Services Co., Ltd
    • 8.1.10 ATG Systems
    • 8.1.11 Ooredoo
    • 8.1.12 Frontiir
  • *List Not Exhaustive

9. INVESTMENT ANALYSIS

10. FUTURE OF THE MARKET

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Myanmar ICT Industry Segmentation

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

Myanmar 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 provided in 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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Myanmar ICT Market Research FAQs

What is the current Myanmar ICT Market size?

The Myanmar ICT Market is projected to register a CAGR of 0.5% during the forecast period (2025-2030)

Who are the key players in Myanmar ICT Market?

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

What years does this Myanmar ICT Market cover?

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

Myanmar ICT Industry Report

Statistics for the 2025 Myanmar ICT market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Myanmar 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.