HomeTech and TelecomPakistan’s market for computer software has seen steady growth for the past...

Pakistan’s market for computer software has seen steady growth for the past several years

According to the Pakistan Software Export Board (PSEB), the total size of the software sector is approximately $6.5 billion, which is expected to grow at least 3.5 percent in the next five years.

Pakistan’s market for computer software has seen steady growth for the past several years

The local software market is export-orientated; however, it is dependent on imports for the latest technologies and services. During FY 2018-19, Pakistan’s software exports were approximately $5 billion, which is 8 percent higher than the previous year. In addition, the domestic consumption of software applications supported by direct imports and local development is approximately $1.2 billion, which has declined marginally by approximately 2 percent compared to FY 2017-18. Major international software brands from the United States, the United Kingdom, Germany, Spain, and China have already established a strong presence in Pakistan

Stay Connected

584FansLike
57FollowersFollow

Must Read

Related News

Leave a Reply

%d bloggers like this: