Venezuela Information Technology Report Q4 2013

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Venezuela Information Technology Report Q4 2013 Sep 4th 2013, 00:00 Price: $ 1295   BMI View: We have made a downward revision to our forecast for Venezuela's IT market in the Q4 2013 following a downgrade of the economic growth outlook by our Country Risk team. There are downside risks from the uncertainty of the political and economic situation following the death of Hugo Chávez. Furthermore, the devaluation of the bolivar in February 2013 has raised the cost of imported products, which we expect to squeeze unit shipments, particularly at the high end of the market. While there are many challenges for IT market growth, BMI continues to point to opportunities in Venezuela. It is one of the smaller markets in its region. However, it has a low PC penetration rate from which we infer there is potential for strong medium-term growth. Further, government PC programmes will boost sale ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/269003.html

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