Egypt Information Technology Report Q4 2015 - New Study Released

From: Fast Market Research, Inc.
Published: Wed Sep 23 2015

A more stable domestic political and economic environment, combined with a supportive policy environment, has helped the Egyptian IT market to return to a robust growth trajectory after disruption due to political crisis in recent years. However , short - term downside risk is still elevated due to Egypt's fragile politi cal and economic environment , and our forecast for Egyptian pound depreciation against the US dollar in 2015 . Additionally , the potential reduction of financial support to Egypt from Gulf states could weigh on growth over the short term. However, over the medium term growth will be driven by trends such as the develop ment of Egypt as a hub between the Middle East and Africa , the growth of the outsourcing industry and cloud computing adoption . Our generally positive outlook is also underpinned by a low penetration of PCs and IT services , which BMI expects vendors to capitalise on as private consumption growth gradually gains momentum over the five years to 2019 .

Full Report Details at

Headline Expenditure Projections :

Computer Hardware Sales: EGP7.06bn in 2014 to EGP7.87bn in 2015, up 11.5% in local currency terms. Depreciation of the Egyptian pound against the US dollar will be a drag on market growth in 2015, but strong demand for low-cost tablets will ensure growth continues.
Software Sales: EGP2.51bn in 2014 to EGP3.02bn in 2015, up 20.4% in local currency terms. Enterprise software spending growth expected to accelerate as a wider range of Software-as-a-Service options become available in Egypt, with SMEs representing a relatively untapped opportunity.
IT Services Sales: EGP3.50bn in 2014 to EGP4.21bn in 2015, up 20.3% in local currency terms. IT services growth will be driven by the expansion of the local outsourcing and software development industry, further supported by rising public and private sector demand for cloud-based infrastructure and platform services.

The Egypt 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 Egypt 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 Egypt.

Key Benefits

* Benchmark BMI's independent IT Industry forecasts for Egypt to test other views - a key input for successful budgetary and strategic business planning in the Egyptian IT market.

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