Newly released market study: Slovenia Information Technology Report Q4 2015

Slovenia is a lucrative IT market in Central and Eastern Europe, with high incomes supporting high levels of spending per capita, and we expect this position to be maintained over the medium term. Growth opportunities are however relatively limited due to a combination of market maturity and macroeconomic weakness. The IT market is expected to r ebounding from slow growth during the recession in 2012 and 2013, but BMI believes Slovenia's IT market growth will continue to be constrained by economic challenges due to fiscal austerity and regional financial market uncertainty. There are however opportunities for vendors to tap faster growth, particularly in the services and software segments . We identify cloud computing as the strongest area of market development, with Slovenian e nterprises having shown willingness to take advantage of the cost savings offered by cloud computing and the country's proximity to major data centre hubs offers great potential for growth.

Full Report Details at
- http://www.fastmr.com/prod/1032919_slovenia_information.aspx?afid=301

Headline Expenditure Projections

Computer Hardware: EUR341mn in 2014 to EUR343mn in 2015, an increase of 0.6% in local currency terms. Growth to remain subdued due to market maturity and a weak consumption outlook, with the outlook undermined further by euro depreciation against the US dollar, eroding Slovenian household purchasing power in global markets.

Software: EUR138mn in 2014 to EUR146mn in 2015, an increase of 6.1% in local currency. Enterprise software demand is returning as the economic outlook improves and businesses seek to upgrade, with cloud software delivery models expected to outperform by a wide margin.

IT Services: EUR210mn in 2014 to EUR218mn in 2015, an increase of 3.8% in local currency terms. Underlying demand for cost cutting products such as cloud computing and outsourcing in an environment of low enterprise confidence will ensure services sales continue to grow in 2015.

Slovenia At Forefront Of CEE Cloud Market

The Slovenia Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Slovenia Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Slovenia.

Key Benefits

* Benchmark BMI's independent IT Industry forecasts for Slovenia

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