2014-02-04 04:20:04 - Saudi Arabia Information Technology Report Q3 2013 - a new market research report on companiesandmarkets.com
IT is central to Saudi Arabia´s modernisation and economic diversification plans. We expect the government´s efforts at achieving both goals, and other growth and development targets, to drive IT spending during our forecast period, ending 2017. There is a strong pipeline of major IT projects by government and enterprise across multiple sectors. We expect the implementation of these projects to boost IT spending in the latter part of 2013 and over the medium term. Particularly large opportunities exist in healthcare and education, as well as cloud computing adoption and investments in smart systems that require hardware, software and services. These trends will combine to ensure Saudi Arabia remains the biggest IT market in the Gulf, and the kingdom will continue
to be a lucrative market for technology products and services.
Headline Expenditure Projections
Computer Hardware Sales: SAR7.91bn in 2012 to SAR8.39bn in 2013, +6% in local currency terms. Although PC sales slowed down in H113, growth in the segment is driven by a deepening of the tablet market and evolution in form factors.
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