Turkish IT Industry Booming



The Turkish IT industry is the fastest growing and largest in the Middle East region followed by Israel and the UAE. Various global IT giants are actively operating in Turkey. The government authority TTGV is also providing financial support and expert advice through technology parks that bring together businesses, academic research and overseas investment. Along with this, various other associations such as BILTEN and Informatics Association of Turkey have been established for the development of IT industry in Turkey. As a result, the Turkish IT industry revenue is expected to grow at a CAGR of more than 16% between 2010 and 2013 to around US$ 12 Billion, says our new research report