How Turkey became a shining star in European technology sky
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How Turkey tightened its grip in the field of European technology?
Turkey intends to tighten its grip in the field of industry, specifically European technology, in order to move from the title of a shining star to the capital of technology in the entire continent of Europe, as it is not looking to be just a market, but rather strives to leave a distinguished mark in the technological field, to be a precious legacy for future generations.
Turkey will not only be a consumer:
According to what was stated by the director of Turkish Trade and Industry, Mustafa Varank, during a virtual conference of the Turkish Industry and Business Association “TÜSIAD”, Turkey’s goal is clear, we will be a leading country in this field and part of the fourth industrial revolution, and our country will be the developer and not just a market that depends on next generation technologies.
Varank continued by saying; Digital progress has become a primary goal for us, due to its strong link with our strategies and aspirations to build a strong Turkey, pointing to the role of the Turkish private sector, which played an important role in the process of accelerating digital transformation during and after the COVID-19 pandemic, which contributed to the opening of the e-commerce department in an unprecedented way and opening up new horizons Completely new as remote real estate ownership.
From start-up companies to a market value of billions!
Many Turkish investors poured billions of dollars into start-ups and small companies during the Corona crisis in 2020, which led to qualitative leaps in the activity and value of the shares of these companies, which positively affected the European technology market in Turkey, especially since these companies depended heavily on technology Digital accuracy in its mechanism of action.
One of the most prominent of these companies was the famous Getir platform, which was launched in April of the year 2020.
Its market value exceeds approximately $7.5 billion, with a wide spread in Turkey and European countries:
- England
- Netherland
- Germany
- France
- Spain
- Italia
Note that the main center and launch was in Turkey.
The Getir platform is known to be specialized in delivering orders from restaurants, groceries and other daily needs within a few minutes, an idea that has been very popular in conjunction with the Corona pandemic, which restricted everyone to staying in their homes for many months.
Companies that played a significant role:
In addition to Getir, which is new to the digital technology market in Europe, Turkish e-commerce platforms and websites have made a big difference to Turkey's balance in European technology, most notably:
- Trendyol
- Hepsiburada
- N11
- PeakGames
- DreamGames
- GittiGidiyor
Where these companies succeeded in registering more than one and a half billion dollars in the markets, which adds a lot of success to Turkey in the field of technology.
Istanbul .. a shining European star:
Looking at the developments in the Istanbul technology market, we can be sure that the volume of e-commerce related to technology has increased from 3.5% three years ago to 10% today.
The field experts commend the progress made in the field of technology, the size of the huge technological investments and other factors that allow Turkey to move to very advanced stages and engage in the global market as it is looking forward to great goals.
If we can see Istanbul, during the next few periods, European countries scramble fiercely for the title of the capital of technology in Europe, represented by a shining star that will shine remarkably in the coming years.
Sources:
Wikipedia.
The island