Wednesday, February 20, 2013

Saudi Arabia and Lebanon Information Technology Market Report 2013

Lebanon Information Technology Report 2013

The total size of the Lebanese IT market in 2013 is forecast by BMI at US$364mn, up from US$337mn in 2011. BMI expects a market CAGR of 12% for 2013-2017. Lebanon’s IT spending is forecast to record single-digit growth in 2013, slower than previously forecast, as the market feels the impact of regional economic and political uncertainty. Lebanon’s IT market is set to benefit from initiatives to develop a digital southern Mediterranean region and from new investment in telecoms infrastructure aimed at significantly scaling up the country’s inadequate broadband facilities.

Headline Expenditure Projections

Computer hardware sales: US$210mn in 2012 to US$226mn in 2013, +8% in US dollar terms. Forecast in US dollar terms downwardly revised due to macroeconomic factors, but the release of Windows 8 should provide a boost to replacement PC purchases.

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Saudi Arabia Information Technology Report Q1 2013

Saudi IT spending is expected to reach US$4.2bn in 2013, up 3% in US dollar terms year-onyear, with BMI downwardly revising its forecast after the PC market slowed in H112. However, there were major IT projects by organisations including telecoms company Mobily and the justice department of the government. Saudi Arabia has the biggest IT market in the Gulf region and the kingdom will continue to be a lucrative market for technology products and services over the forecast period as it invests to upgrade its IT and communications infrastructure. The country’s relative political stability for the region will also attract vendors.

Headline Expenditure Projections

Computer Hardware Sales: US$2.1bn in 2012 to US$2.2bn in 2013, +2% in US dollar terms. Forecast in US dollar terms downwardly revised owing to lower than expected PC sales growth in H112.

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