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Cyprus IT services market value surpassed €100 million this decade

November 18, 2021

The Cypriot IT services market exceeded €100 million in total value this decade, reaching €113.16 million in value during the previous year, a rise of 12.8 per cent since 2018, according to a report by market intelligence firm International Data Corporation (IDC).

The IDC analysis report, titled Cyprus ICT 2021-2023 Forecast and 2020 Analysis, was released earlier this year and was sponsored by the Cyprus Computer Society (CCS).