2013-02-28 15:20:52 - Recently published research from Business Monitor International, "Slovenia Information Technology Report Q1 2013", is now available at Fast Market Research

BMI View: Slovenian IT spending is expected to reach US$1.0bn in 2014 after a dip in 2013 as the market continues to feel the effects of the eurozone economic crisis. Fiscal austerity measures domestically and in the eurozone will continue to weigh on demand for IT products and services. However, the fundamentals of rising incomes in a context of below EU average PC penetration mean this small IT market should advance at a mid-single digit compound annual growth rate (CAGR) over the 2013-2017 forecast period. However, IT spending growth depends on business and consumer confidence in a sustained economic recovery.

Computer Hardware Sales: US$494mn in 2012 to US$482mn in 2013, -2% in US dollar terms. Forecast in US dollar terms downwardly

revised due to macroeconomic factors, with signs of continued business caution in corporate and small and medium-sized enterprise (SME) segments.

Software Sales: US$215mn in 2012 to US$219mn in 2013, +2% in US dollar terms. Forecast in US dollar terms downwardly revised due to macroeconomic factors and analyst modification. Large enterprises still account for about half of the spending on enterprise application solutions (EAS) in Slovenia.


Full Report Details at
- www.fastmr.com/prod/536568_slovenia_information_technology_repor ..


IT Services Sales: US$290mn in 2012 to US$293mn in 2013, +1% in US dollar terms. Forecast in US dollar terms upwardly revised due to analyst modification and, in the medium term, the IT services market is set to expand as Slovenian organisations upgrade IT systems to gain or maintain competitive advantage.

Risk/Reward Ratings: Slovenia's score is 48.5 out of 100.0. Slovenia remains in 11th position in our latest Europe RRR table, behind Hungary and Turkey, as well as other relatively new EU accession states such as the Czech Republic and Poland. The country's tablet position was dragged down by a low industry rewards score of 31.7.

* BMI expects Slovenian IT spending growth to flatline in 2013 with another difficult year in prospect for IT vendors. The trading environment is still challenging, with only a mild recovery expected in 2012. Private demand, company investment and government expenditure all face headwinds over the coming quarter.
* The public sector should be a source of opportunity for IT vendors, with some large projects under way or being launched. An initiative to create an e-health system in Slovenia by 2020 is one prime example, while the Ministry of Finance is also implementing an e-tax system.
* Despite increased IT budgets for UniCredit and other organisations, the ailing financial services and banking sector remains in cautious IT investment mode. However IT services companies are expected to continue to benefit from IT projects tendered across various sectors, including education, retail and financial institutions.

Report Table of Contents:

BMI Industry View
SWOT
- Political
- Economic
- Business Environment
Industry Forecast
- Table: Slovenia IT Industry - Historical Data And Forecasts (US$mn unless otherwise stated)
- Industry Forecast - Internet
- Table: Table: Slovenian Telecoms Sector Internet Historical Data And Forecasts
- Economic Analysis
Industry Risk Reward Ratings
- Industry Risk/Reward Ratings
- Table: Europe Risk/Reward Ratings, Q113
Market Overview
Industry Trends And Developments
Regulatory Development
- Table: Regulatory Authorities
Competitive Landscape
Company Profile
- IBM
- Microsoft Corporation
Regional Overview
- Regional IT Overview
- IT Penetration
- Market Growth And Drivers
- Sectors And Verticals
Demographic Forecast
- Table: Slovenia's Population By Age Group, 1990-2020, 1990-2020 ('000)
- Table: Export this table as seen
- Table: Slovenia's Population By Age Group, 1990-2020 (% of total)
- Table: Export this table as seen
- Table: Slovenia's Key Population Ratios, 1990-2020
- Table: Export this table as seen
- Table: Slovenia's Rural And Urban Population, 1990-2020
- Table: Export this table as seen
Methodology
- How We Generate Our Industry Forecasts
- IT Industry
- IT Ratings - Methodology
- Table: IT Business Environment Indicators
- Weighting
- Table: Weighting Of Components
- Sources

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Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

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