The computer programming, consultancy, and related activities sector in Turkey has shown robust growth over the years, starting with 13.43 billion New Turkish Liras (TRL) in 2013 and steadily increasing to 106.6 billion TRL in 2023. As of 2023, the turnover stands at 106.6 billion TRL. The year-on-year variation indicates a consistent upward trajectory, peaking at 35.81% in 2020 before stabilizing at a 15.6% increase in 2023. The compound annual growth rate (CAGR) over the last five years stands at 21.97%.
Looking ahead, the sector is projected to maintain positive growth, with a forecasted turnover of 176.4 billion TRL by 2028, reflecting a 5-year CAGR of 7.86% and an overall growth rate of 45.97%. This indicates a deceleration in growth but still signifies substantial expansion.
Future trends to watch for:
- Emerging technologies such as AI and blockchain- Increasing digital transformation initiatives- Growing demand for cybersecurity- Expansion of cloud services and Internet of Things (IoT)- Government policies supporting IT sector growth and innovation
