2012-09-07 08:57:52 - On the back of factors like rapidly evolving social networking websites and many others studied in the report, it is anticipated to project a rapid CAGR growth of around 1.5% of the total IT industry during 2012-2015, says RNCOS.
According to a new research report by RNCOS, “Middle East ICT Market Analysis”, smartphones are emerging as the next-generation choice and are initiating a strong growth in ICT market. Moreover, owing to the increasing adoption of technology by youth who are the most frequent users, smatphones are progressively taking over the market share from the simple and conventional mobile handsets. The report reveals that factors like rich internet applications, user generated content, availability of local content and gaming will also drive the market for smartphones, which in turn will boost up the ICT market.
In addition, the Middle-East region has reported the highest growth in number of Internet and mobile users, positively contributing towards ICT market growth. Besides, accelerated initiatives of
various campaigns to promote computer usage in education, SMEs, health, and other sectors is also contributing towards the growth momentum of the region’s ICT market. As per our analysis, considering the intensifying competition and dynamic demographics with rapid adoption of newer technologies, the region’s ICT market is holding immense potential. For instance, with surging demand for laptops and fast growing outsourcing and training services, the total IT industry in the region is projected to grow at a CAGR of around 11.5% during 2012-2015.
Moreover, the report, by RNCOS has critically evaluated the factors responsible for the growth of Middle-East ICT market, with special focus to the present and past market trends. Some of the countries covered in the report include - UAE, Saudi Arabia, Egypt, Turkey, Israel, Oman, Jordan, Qatar, Bahrain and Iran. It also offers a detailed country-wise analysis of the ICT market by studying it in terms of IT market, mobile subscribers, fixed-line telephone subscribers, Internet users and broadband subscribers. Overall, it contains a section on market drivers that will help the clients understand the market potential and future growth prospects of the Middle-East ICT sector.
For FREE SAMPLE of this report visit: www.rncos.com/Report/IM562.htm
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