Thursday, 10 October 2013

Romania Information Technology Report Q4 2013

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Romania Information Technology Report Q4 2013
Oct 9th 2013, 00:00

Price: $ 1295  

BMI View: The Romanian IT market is forecast to increase to RON4.6mn in 2013, an increase of 6.2% in local currency terms. While we made a minor downward revision to our 2013 forecast on the basis of weaker than expected PC sales in Q113, BMI upwardly adjusted our five-year forecast to 2017 for Romania's IT market update on the basis of new public sector project tender launches and foreign investments in the local ICT sector. We maintain our view the IT market will maintain momentum in 2013 and grow faster than GDP as the economy recovers from 2013 onwards. From 2014 to 2017 GDP and consumption growth will help to drive demand in the retail hardware market, as well as driving sales to corporate customers as confidence levels increase. The ongoing transformation of political and economic stru ...

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