Thursday, 10 October 2013

Russia Information Technology Report Q4 2013

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

Price: $ 1295  

BMI View: A combination of a weaker economic outlook and a steep decline in notebook sales in favour of low-cost tablets resulted in a minor downgrade to our IT market forecast for Russia in the Q4013 update. However, Russia continues to be one of the fastest growing markets in the region and we forecast IT spending will increase with a CAGR of 8.7% in local currency terms 2013 to 2017. Key drivers of market expansion include rising PC penetration, on the back of the availability of lower cost hardware - especially tablets - investments by enterprises in business software and modernisation of the public sector. The market is also being boosted by Russia's historic entry into the WTO, confirmed in August 2012. WTO membership is expected to boost enterprise modernisation to achieve competitiveness, ...

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