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IT Services Market in the Middle East 2011-2015
Infiniti Research Limited, May 2012, Pages: 36
TechNavio’s analysts forecast the IT Services market in the Middle East to grow at a CAGR of 9.63 percent over the period 2011–2015. One of the key factors contributing to this market growth is the government support for IT initiatives. The Middle East IT Services market has also been witnessing an upward trend owing to rising demand of IT services from SMEs. However, lack of qualified IT professionals poses challenges to the growth of this market.
TechNavio’s report, the IT Services Market in the Middle East 2011–2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. It covers the landscape of the Middle East IT Services market and examines its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include IBM Corp., Hewlett-Packard Co. (HP), and Accenture Inc.
Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
TechNavio Announces the Publication of its Report – IT Services Market in the Middle East 2011–2015
TechNavio today launched its report IT Services Market in the Middle East 2011–2015 based on an in-depth study focusing exclusively on the Middle East regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s IT Services team said; “The increased adoption of project-based IT services by the public sector and large corporations in the Middle East has been a major trend in the IT Services market in this region. Project-based IT services enable efficient integration of IT software and hardware to maximize business benefits and align the IT infrastructure according to the requirements of a project.”
According to the report, the rapid growth of the small and medium enterprises (SME) segment is accelerating the pace of IT adoption in the Middle East. The high annual growth rate of the IT industry compared with the growth rate of developed economies has been driven by the SME segment. The significance of gaining competitive advantage has prompted SMEs to introduce structural changes in their organization, renovate their existing enterprise infrastructure, and upgrade their technologies. This has resulted in great demand for IT infrastructure, including IT services, among SMEs to align their operational capabilities with evolving business dynamics.
Further, the report also discusses that acquiring, retaining, and managing talent is one of the most challenging factors confronting organizations in this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
01. Executive Summary
03. Market Coverage
04. Market Landscape
05. Key Leading Countries
06. Vendor Landscape
07. Buying Criteria
08. Market Growth Drivers
09. Drivers and their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Key Vendor Analysis
13.1 IBM Corp.
13.2 Hewlett-Packard Co. (HP)
13.3 Accenture Inc.
13.4 Fujitsu Ltd.
14. Other Reports in this Series
List of Exhibits:
Exhibit 1: IT Services Market in the Middle East 2011–2015 (US$ billion)
Exhibit 2: IT Services Market Segmentation by Leading Countries 2011
Exhibit 3: IT Services Market by End-user Segmentation 2011
Exhibit 4: IT Services Market Segmentation by Type of Services 2011