Market Overview
Cambodia's ICT market brings together telecommunications, IT services, software, hardware, and digital platforms serving both consumers and enterprises. It is currently estimated at around USD 2.34 billion in 2025, with forecasts pointing to USD 3.61 billion by 2031. No single official Cambodian government agency publishes a consolidated national ICT valuation, so the headline figures rely on private-sector market analyses.
- •Market size in 2025: approximately USD 2.34 billion
- •Forecast market size by 2031: roughly USD 3.61 billion
- •Forecast CAGR 2026-2031: about 7.55%
Growth Drivers
Demand is being lifted by fast-rising mobile and broadband adoption, the rollout of 5G, and accelerating digitalisation among small and medium-sized enterprises. Public-sector programmes such as Cambodia's Digital Economy and Society Framework are encouraging e-government, e-commerce, and fintech expansion. Growing cloud adoption and increased regional investment from Asian telecom operators are also adding momentum.
- •Rising internet, smartphone and mobile-money usage across urban and rural users
- •Government digital-economy policies and infrastructure investment
- •Expansion of cloud, data centre and cross-border fibre connectivity
Segmentation and Regional Analysis
The market is typically split into telecom services, IT services, software, and hardware, with telecom usually representing the largest single segment. Within IT services, demand is strongest in application development, managed services, and cybersecurity. Phnom Penh accounts for the bulk of enterprise ICT spending, while secondary growth is emerging in Siem Reap, Sihanoukville and other provincial hubs tied to tourism, manufacturing and logistics.
- •Telecom, IT services, software and hardware are the main sub-segments
- •IT services alone are estimated at roughly USD 250 million in 2025
- •Phnom Penh leads demand, with growing uptake in Sihanoukville and Siem Reap
Trends and Outlook
What are the recent trends and outlook?
Key trends shaping the outlook include the move toward 5G, expansion of data centres, increasing adoption of AI and cloud platforms, and stronger cybersecurity investment. Fintech, e-commerce, and digital government services are expected to be the fastest-growing pockets of demand. Overall, the market is projected to keep expanding at a mid-to-high single-digit annual pace through 2031, supported by Cambodia's young, mobile-first population and ongoing regulatory reforms.
- •Accelerating 5G deployment and growth in data centre capacity
- •Rising adoption of AI, cloud computing and cybersecurity solutions
- •Fintech, e-commerce and e-government services seen as the fastest-growing areas
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Connect to an analyst →Market size and forecast are Claight Analysis, informed by public research and industry data. Historical years before 2025 and all forecast years are Claight estimates at the stated CAGR. Retrieved 2026.