Turkey’s information and communication technologies (ICT) sector has become an essential part of the economy since it is directly or indirectly affecting both the ever-changing business world and the social sphere. Turkey is well aware of the fact that this sector will have a much more influential role in the future than it currently occupies.
The basis of ICT lies in enabling today’s economic and social life to acquire the most up-to-date and efficient solutions, advancing technology at every turn. In this regard, Turkey has increased its interest in the ICT sector further and has started the necessary studies so as to have a voice in the sector in the future.
The greatest indicators of these efforts are the new initiatives and R&D Law issued for investors.
- As the young population increased and the online market expanded, the total number of mobile subscribers reached 75 million in 2016.
- IT spending on hardware, software, IT services, and telecommunication services in Turkey is expected to increase to USD 35 billion by 2018.
- ICT spending in Turkey is expected to grow faster than the world average. With regard to its large domestic market with sizeable potential in the ICT sector, sector growth is expected to grow at a CAGR of 7.4 percent during the 2012-2017 period.
- 3 percent of all households in Turkey have internet access.
- The percentage of internet users in Turkey is around 61.2 percent, and this is forecast to rise above 65 percent in 2018.
Turkey’s ambitious vision of 2023, the centennial foundation of the republic, envisages bold targets for the ICT sector in Turkey. These targets include:
- Reaching 30 million broadband subscribers
- Providing internet connection for 14 million houses at a speed of 1,000 Mbps
- Increasing the sector’s share in GDP from 2.9 percent to 8 percent
- Becoming one of the top 10 countries in e-transformation
- Having 80 percent of the population computer literate
- Increasing the number of companies in Technology Development Zones (TDZs) to 5,500; employees to 65,000; and exports to USD 10 billion
- Increasing the ICT sector’s size to USD 160 billion, with a market growth of around 15 percent each year
- Increasing the R&D expenditure to GDP ratio to 3 percent from 1 percent
Source: http://www.invest.gov.tr/en-US/sectors/Pages/Agriculture.aspx
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