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Kuwait Information Technology Report Q1 2016

  • ID: 3505805
  • December 2015
  • Region: Kuwait
  • 66 pages
  • Business Monitor International
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FEATURED COMPANIES

  • ABLV Bank
  • Citadele banka
  • DnB NORD Banka
  • Rietumu Bank
  • Swedbank
  • MORE

We forecast a weak growth outlook for the Kuwait IT market, with a decline in oil prices and saturation of the retail market playing a key role in this. However, high incomes will ensure the market remains lucrative in per capita terms, despite a small population and limited growth prospects. Within the enterprise sector, we expect IT investments to benefit from the need to diversify the economy away from the oil sector.

Latest Updates And Developments
- IT hardware sales in Kuwait will increase from KWD158mn in 2016 to KWD164mn in 2019, recording a compound annual growth rate (CAGR) of 1.3%.

- Software will experience heightened growth compared to hardware, with sales of KWD59mn in 2016 increasing at a CAGR of 3.8% to reach KWD66mn in 2019.

- Services will lead the sector alongside software, experiencing a CAGR of 3.8% over 2016-2019,
increasing in value from KWD103mn in 2016 to KWD113mn in 2019.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABLV Bank
  • Citadele banka
  • DnB NORD Banka
  • Rietumu Bank
  • Swedbank
  • MORE

Latest Updates And Developments

SWOT

IT SWOT

Industry Forecast

Latest Updates

Structural Trends
Table: IT Industry - Historical Data And Forecasts (Kuwait 2012-2019)

Industry Risk Reward Index

Middle East And Africa Risk/Reward Index
Table: MEA IT Risk/Reward Index - Q116

Market Overview

Recent Developments

Hardware

Software

Cloud Computing

Services

Services

Industry Trends And Developments

Regulatory Development
Table: IT Regulatory Authorities

Competitive Landscape
Table: Alghanim Industries
Table: Almasa Holdings
Table: Axiom Telecom
Table: Redington Kuwait

International
Table: Dell
Table: Toshiba

Regional Overview

Middle East And Africa

Demographic Forecast
Table: Population Headline Indicators (Kuwait 1990-2025)
Table: Key Population Ratios (Kuwait 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Kuwait 1990-2025)
Table: Population By Age Group (Kuwait 1990-2025)
Table: Population By Age Group % (Kuwait 1990-2025)

Methodology

Industry Forecast Methodology

Sources

Risk/Reward Index Methodology
Table: IT Risk/Reward Index Indicators
Table: Weighting Of Components

Note: Product cover images may vary from those shown
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ABLV Bank
Citadele banka
DnB NORD Banka
Rietumu Bank
Swedbank

Note: Product cover images may vary from those shown
4 of 4
Note: Product cover images may vary from those shown

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