KARACHI: Pakistan is well positioned to capture growth in the global IT market, particularly in the GCC and North American Regions.
Usman Asif, Global CEO, Devsinc says that the worldwide IT market is projected to exceed USD 6 trillion in 2026, and AI alone expected to add USD4.4 trillion to global corporate profits annually which Pakistan can tap into, through targeted institutional support.
Usman Asif said that Pakistan, which graduates 300,000 IT professionals each year, has both the talent and the momentum to compete; however, the country must act decisively on a few fronts to hit its USD15 billion export target by 2030. Speaking at Indus AI Week in Islamabad recently, he stressed on increasing women’s participation in the IT industry, expanded fiber optic infrastructure, and increased investment in rural youth training and up-skilling across the country. “These aren’t just social initiatives. They’re economic imperatives,” he said. “Women represent half our population but account for barely 20 percent of our IT workforce. This is economic malpractice.”
He highlighted that Pakistan is currently witnessing eighteen consecutive months of growth in IT exports with USD2.24 billion earned in the first half of FY2025-26 alone and we need to keep this momentum going.
Usman Asif was among the many industry leaders at the Indus AI Week to address Pakistan’s technology trajectory and received a formal award from Federal IT Minister Shaza Khawaja in recognition of Devsinc’s contributions to the sector. He also acknowledged the Ministry of IT and Telecommunications, PSEB, PASHA, and SIFC for regulatory reforms and coordination that have supported the sector’s growth, including foreign currency retention policies and facilitation at international events.
Copyright Business Recorder, 2026
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