Thursday, 14 November 2013

Peru Information Technology Report Q1 2014

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Peru Information Technology Report Q1 2014
Nov 13th 2013, 00:00

Price: $ 1295  

BMI View: The Peruvian government has been looking for ways to reduce its dependence on natural resources and believes a focus on the ICT industry could facilitate this move. During the quarter, this transpired in the launch of StartUp Peru, a US$18mn project to promote IT entrepreneurship in the country. This bodes well for local companies in Peru, as it is international firms which dominate the landscape. We believe Peru's IT market will perform strongly over the medium term due to a combination of a supportive macroeconomic environment and growth trends in the IT sector. Rising incomes, low PC penetration and the declining price of devices - particularly from East Asian OEMs - will create a buoyant PC market. There are especially large opportunities in smaller cities and rural areas where PC pe ...

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