New market study, "Peru Information Technology Report Q3 2016", has been published

From: Fast Market Research, Inc.
Published: Mon May 09 2016


We believe Peru's IT market has quite strong growth potential over the medium term, although economic headwinds will continue to present challenges in 2016. It is one of the smaller regional IT markets, and the local industry is relatively underdeveloped, particularly in the hardware segment. Rising incomes and sol appreciation point to a brighter medium term trend, and we expect vendors to be able to tap into opportunities presented by low device and solution penetration among households and enterprises as economic conditions become more favourable. The major downside risk to our bullish outlook is weaker Chinese demand for the country's raw materials .

Latest Updates & Industry Developments

Full Report Details at
- http://www.fastmr.com/prod/1170549_peru_information_technology.aspx?afid=301

Computer Hardware Sales: PEN2.94bn in 2016 to PEN3.83bn in 2020. After contraction in 2015 and stagnant market in 2016, we believe strong household income growth from 2017 will allow vendors to tap the low PC penetration in Peru, particularly outside Lima where penetration is much lower.
Software Sales: PEN1.08bn in 2016 to PEN1.52bn in 2020. The local software industry is expanding, but international vendors will still benefit from more complex demands from large Peruvian enterprises as they modernise.
IT Services Sales: PEN2.36bn in 2016 to PEN3.54bn in 2020. IT services will outperform in 2016 in challenging economic environment due to cost savings for enterprises, while over the medium term cloud adoption and outsourcing will drive strong demand growth.

The Peru Information Technology Report features BMI Research'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 Peru 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 Peru.

Key Benefits
Benchmark BMI's independent IT Industry forecasts for Peru to test other views - a key input for successful budgetary and strategic business planning in the Peruvian IT market.
Target business opportunities and risks in Peru's IT sector through our reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Peru.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

BMI Industry View

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Indonesia Information Technology Report Q3 2016
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- Philippines Information Technology Report Q3 2016
- Czech Republic Information Technology Report Q3 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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