There are 1 Companies in Cambodia
that provide Commercial Brokerage Services!

Cambodia’s Information Technology (IT) sector has a promising future with its talented youth and is poised to become the largest export industry in the country, according to Cambodia High Commissioner to the UK. 

Based on this information, it is also important to mention that the average salary in the IT industry in Cambodia is estimated at around 378 USD/mo, making the country one of the most accessible and competitive in the region in terms of prices. 

Based on a report from the State Bank of Cambodia, the IT industry value is set to grow double in 2020, making a progress from $3,5 bn in 2019 to $7 bn. USD. 

Why working with Cambodian IT companies

Cambodian IT companies and web agencies are in the full development process and promoting their services mainly to foreign clients using the latest technologies. Even though Cambodia is probably the newest player in the IT sector in the region, it revealed it has huge capacities with a number of tech startups and new web agencies that continue to grow. In this way, there are more than 1500 IT companies in Cambodia with 10,000 professionals enrolling in the sector each year. 

What to be aware of when working with CambodianIT companies

The relatively low number of IT companies in Cambodia is motivated by two factors: First, as mentioned previously is that the web agencies based in Cambodia are new in the region and are in full development and promotion process. The second reason is that professionals in the country are focused more on freelancing than entering a corporate environment and developing a digital business system - based on a report from the NY Times. 

Considering both indicators, it should be noted that the Cambodia-based companies don’t have rich experience on the market and thus, a developed-business culture which may be a challenge for potential foreign clients. 

How reliable are IT companies from Cambodia

The young and inexperienced behavior of Cambodia-based IT companies and web agencies is compensated by the high capacity and low prices on the market that they can provide. This makes Cambodia-based companies and web agencies, but as well as freelancers to have a balanced reputation on the global market, making the selection process easier for potential clients. 

How the Cambodian IT Industry relates to the neighboring countries

Cambodia is trying to make its place in the global setup. Perhaps, this is the reason why the country’s freelancers offer rates 30% to 50% less than the ones offered in India.

According to NASSCOM, India’s IT market size is $150 billion while Cambodia’s is just $3.5 billion. While India’s population is seven times higher, their investment in the startups’ ratio is also 30 times greater.

The ratio of the size of the economy is 1:10 while the market size of startups is 1:100.  This can be improved as Cambodia’s startups market can grow up to 5 times

The Global Competitiveness Index and Ease of Doing Business Index of Cambodia show that the country has some giant strides to make. India has 6 big IT companies and every company has at least a $10-billion revenue a year. Google, IBM, and Microsoft have their local office in India, promoting the country’s industry through research and development.

On the other hand, Cambodia has not seen business tycoons venture into the IT industry. Cambodian businessmen love to invest in real estate and gold.

The ICT Industry in Cambodia in 2022

2022 comes with new development opportunities for the Cambodian ICT sector. The country struggles to attract BigTech companies and their investments in the hope to boost the economy and diminish the country-wide poverty issues. Among the measures, Cambodia launched several economic forums in late 2021 that will hopefully get a long-term result for the FinTech sector.

Commercial Brokerage is a service that helps businesses buy, sell, or lease commercial real estate: office buildings, retail spaces, warehouses, industrial properties, and more.

The brokerage process is managed by a broker, a professional that represents the interests of the client, conducts market analysis, determines the current value of the property, and identifies potential buyers. The broker also negotiates the terms of the sale or lease agreement and helps businesses to get the best possible deal.

According to Statista The Asia-Pacific region has the largest commercial property market with a value of over 12 trillion U.S. dollars, slightly higher than North America.

The importance of commercial brokerage services is highlighted in the following points:

• Get expert advice from professionals and guidance.

• Save time and effort because brokers handle all property searches and negotiations.

• Get peace of mind, knowing that someone represents your interest.

• Have access to a wider range of properties than you could find on your own. 

In the fast-paced and busy world, we live in, commercial brokerage service is of great value.

But how to choose the right Commercial Brokerage Company? 

Here are a few things to keep in mind before you will make the decision:

• Look for a company with experience in dealing with properties similar to your requirements.

• Check for reviews and feedback from previous clients

• Make sure that the brokerage maintains a transparent and open communication 

Taking all these into consideration you will choose easier the suitable commercial brokerage company for you. On the Techbehemoths Platform, you can find more than 39 Commercial Brokerage companies. Feel free to contact any of them according to your requirements. Explore their detailed profiles, and clients' reviews, check their portfolios, and make the best decision.

At the same time, you have the option to submit your project, and our team will select and send you the best matching companies in about 1 hour. The great news is that it is absolutely free and you have no obligation to hire any company.