Thursday, 21 February 2013

Lebanon Information Technology Market Report 2013

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Lebanon Information Technology Report 2013
Feb 20th 2013, 00:00

BMI View: The total size of the Lebanese IT market in 2013 is forecast by BMI at US$364mn, up fromUS$337mn in 2011. BMI expects a market CAGR of 12% for 2013-2017. Lebanon''s IT spending isforecast to record single-digit growth in 2013, slower than previously forecast, as the market feels theimpact of regional economic and political uncertainty. Lebanon''s IT market is set to benefit frominitiatives to develop a digital southern Mediterranean region and from new investment in telecomsinfrastructure aimed at significantly scaling up the country''s inadequate broadband facilities.Headline Expenditure ProjectionsComputer hardware sales: US$210mn in 2012 to US$226mn ...

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