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Kuwait Information Technology Report Q4 2011 - Product Image

Kuwait Information Technology Report Q4 2011

  • ID: 1937979
  • October 2011
  • Region: Kuwait
  • 55 Pages
  • Business Monitor International


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Kuwait, the third-largest computer market in the Gulf, made a recovery in 2010 from the economic slowdown, and local IT spending is expected by BMI to reach around US$861mn in 2011. The market should continue to provide opportunities for IT vendors over our five-year forecast period, with drivers including government projects, population growth, and strong demand from the oil and gas sector.

Kuwait's IT spending is forecast to record solid growth in 2011 as the market consolidates its recovery from the impact of the economic crisis, which hit Kuwait particularly hard. In 2010/11, Kuwait's government spending was expected to increase by 10%. Oil companies such as Kuwait leader Kuwait National Petroleum Company (KNPC) continue to invest in IT in H111, while Kuwait's Development Plan should encourage a gradual pick-up in the non-hydrocarbon sector over the coming years.

BMI projects a 2011-2015 IT spending compound annual growth rate (CAGR) of 6%. Kuwait's IT market has a number of enduring strengths, including its relatively small but tech-literate and wealthy population, which makes the country an important regional testing ground for new products. Per capita IT spending READ MORE >


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Executive Summary
SWOT Analysis
Kuwait IT Sector SWOT
Kuwait Wireline SWOT
Kuwait Political SWOT
Egypt Economic SWOT
Egypt Business Environment SWOT
Business Environment Ratings
Middle East & Africa
Regional IT Business Environment Ratings
Africa IT Markets Overview
Kuwait Market Overview
Industry Developments
Industry Forecast
Table: Kuwaiti IT Sector - Historical Data & Forecasts (US$mn unless otherwise stated)
Industry Forecast Internet
Table: Telecoms Sector – Internet – Historical Data & Forecasts
Macroeconomic Forecast
Table: Kuwait – Economic Activity
Competitive Landscape
Company Profiles
Khorafi Business Machines
BMI Methodology
How We Generate Our Industry Forecasts
Transport Industry

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