Wednesday, July 1, 2015

Digital Business in Qatar to Grow in the Coming Years

Cisco launched its 10th annual Visual Networking Index (VNI) Forecast 2015. The forecast stated that the location of Qatar is beneficial in advancing digital market and business in the country. It is estimated that the total internet users in the Middle East and Africa is slated to grow to 425 million by 2019. The growing demand for mobile devices and usage of social networking is cause of digital advancing in the Middle East. An annual growth rate of 44 percent in the Middle East and Africa is estimated by 2019. The internet users will increase by 3.9 billion from 2.8 billion last year.

The increased usage of internet, mobile devices, faster broadband speed, machine-to-machine (M2M) connections and video services are noted as the key factors that drive internet traffic growth. The social networking sites are the most exploited and will look to develop it furthermore. There are about 176 million users, say about 81 percent of residential internet users using social networks.
The business along with the consumers and societies in Qatar are pacing their way towards the era of digitization, as said by the General Manager of Cisco Qatar, Mohammad Hammoudi.

He further added that, since Internet is the fast developing technology, they will look into benefiting the Middle Eastern industries, government agencies, healthcare, sports, entertainment, education and manufacturing, transportation, oil and gas, thereby improving the lives of citizens.

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