|By PR Newswire||
|April 9, 2014 09:13 AM EDT||
DUBLIN, April 9, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/47pm7f/it_market_in_mea) has announced the addition of the "Concise Analysis of the IT Market in the MEA Region"report to their offering.
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The analysts forecast the IT market in the MEA region to grow at a CAGR of 7.51 percent over the period 2012-2016. The increasing number of government initiatives is one of the key factors contributing to the market growth. The IT market in the MEA region has also been witnessing increased adoption of cloud services. However, the increasing number of hacker attacks and cybercrime could pose a challenge to the growth of this market.
Concise Analysis of the IT Market in the MEA Region has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the IT market in the MEA region market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the main trends witnessed in the IT market in the MEA region is the increasing adoption of virtualized environment. Organizations in the MEA region have started realizing the significant benefits associated with IT virtualization. Server virtualization technology, where a physical server acts as many servers, enables organizations to reduce the number of actual physical servers in their data centers. This in turn helps organizations develop an economical cost structure by reducing their physical hardware costs and their energy costs for the infrastructure. This is also one of the most popular ways for organizations to adopt green IT initiatives.
According to the report, one of the main factors driving the market is the increasing demand for IT solutions in banking. Many banks across this region have started using cloud computing and virtualization solutions. Most of the banks are using these technologies to control cost and deliver business growth. Further, the report states that one of the main challenges is the lack of talented professionals in the MEA region. In the competitive business environment, companies are adopting cost-cutting strategy, therefore they are not investing in training and education related to big data management.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are AFI Infotech, AfricTek, Caseray Solutions Limited, Craft Silicon, Delta Software, Dimension Data Holdings, DreamOval, EBOX, FACTS Computer Software House, Fujisoft technology, MilSOFT, NiTSAK, RedCherry, Reliable IT Services, Softline, Qme software, and Verbanet Technologies.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Market by Category Segmentation
8. IT Market in Middle East
9. IT Market in Africa
10. Key Leading Countries
11. End-user Segmentation
12. Vendor Landscape
13. Buying Criteria
14. Market Growth Drivers
15. Drivers and their Impact
16. Market Challenges
17. Impact of Drivers and Challenges
18. Market Trends
19. Key Vendor Analysis
20. Other Reports in this Series
- AFI Infotech
- Caseray Solutions Limited
- Craft Silicon
- Dell Inc.
- Delta Software
- Dimension Data Holdings
- FACTS Computer Software House
- Fujisoft technology
- Hewlett-Packard Co.
- IBM Corp.
- Oracle Corp.
- Qme software
- Reliable IT Services
- Verbanet Technologies.
For more information visit http://www.researchandmarkets.com/research/47pm7f/it_market_in_mea
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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