2014-04-24 10:51:01 - United Arab Emirates Information Technology Report Q3 2013 - a new market research report on companiesandmarkets.com
We retain a positive growth outlook for the UAE´s IT market, despite a weaker economic outlook in H213. We expect overall economic growth to slow in the second half of the year as net exports fall on the back of lower oil prices during that period. However, we expect the impact of this development on the IT market to be counterbalanced by positive consumer and business sentiments towards the country, as evidenced by notable improvements in the real estate and equity markets. We also retain our view that government spending will increase by 3% in 2013, a situation that will drive growth in IT spending across key sectors, including education, healthcare, utilities, banking, telecoms and transportation.
Headline Expenditure Projections
Computer Hardware Sales:
AED7.59bn in 2012 to AED8.16bn in 2013, +7.5% in local currency terms.
PC market recovered in H212, and we expect growth to be driven higher in 2013 due to demand for tablets, hybrids and ultrabooks.
Click for report details: www.companiesandmarkets.com/Market/Information-Technology/Market ..
Browse all Information Technology Market Research Reports www.companiesandmarkets.com/Market/Information-Technology/Market ..
Browse all Information Technology Company Profile Reports www.companiesandmarkets.com/Market/Information-Technology/Compan ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.