Qatar Information Technology Report Q3 2016 - New Study Released

Demand for computer hardware held up better in Qatar than most commodity reliant markets in 2015, and we believe Qatar's medium - term outlook is stronger across the whole IT market than the rest of the GCC. Major project spending by the government will drive IT services demand as Qatar engages in major modernization initiatives for the economy and public services, particularly in infrastructure for the FIFA World Cup in 2022. The hardware outlook is weaker, with retail market saturation a placing a limit on growth potential and vendors are reliant on replacement sales. We forecast a CAGR of 5.3% for the whole IT market over 2016-2020 to a value of QAR4.9bn .Latest Updates & Industry Developments Computer Hardware Sales: QAR2.4bn in 2016 to QAR2.8bn in 2020, a compound annual growth rate (CAGR) of 3.9% in local currency terms. Saturated PC market, including for tablets, means explosive growth is not possible, but high incomes should ensure short replacement cycles and premium product bias that will mean Qatar is still lucrative for vendors.
Software Sales: QAR478mn in 2016 to QAR607mn in 2020, a CAGR of 6.1%. The dominant oil and gas industry is an underweight software spending vertical, but there is scope for growth in the enterprise market over the medium term through the modernisation and diversification government initiatives.
IT Services Sales: QAR1.1bn in 2016 to QAR1.5bn in 2020, a CAGR of 7.7%. Cloud computing adoption, along with early adoption of Internet of Things solutions, underpins our outlook for segment out performance based on emerging technologies spending growth.

Full Report Details at
- http://www.fastmr.com/prod/1172866_qatar_information_technology.aspx?afid=301

The Qatar 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 Qatar 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 Qatar.

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

Coverage

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