Qatar: IoT sector estimated at 28% CAGR by 2028 – Pakistan Observer

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Qatar’s Internet of Things (IoT) market is expected to grow from QR2.88bn ($0.79bn) in 2023 to QR9.87bn ($2.71bn) by 2028, at a compound annual growth rate (CAGR) of 27.92 percent between 2023 and 2028, according to a report curated by Research and Markets, . The report highlights that “Of all the Arab countries, Qatar is one of the few that can be termed technologically advanced. The country witnesses a high rate of innovation, starting from IoT, virtual reality, robotics, and the most recent, 5G. As part of its long-term vision and strategy, Qatar aims to become one of the smartest countries in the Middle East.—Zawya


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