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BMI View: BMI expects IT market sales in Turkey will continue to grow in the medium term, based on a solid foundation of economic growth and modernisation. A continued wave of investments by multinational sector players, such as Apple, testifies Turkey's IT market is expected to be a regional outperformer over our five-year forecast period to 2017. There was, however, a slowdown in the market in 2012 and the faltering domestic economic activity and regional economic and political uncertainty weighs on our shortand medium-term forecasts. The faltering domestic economic activity has to be placed in context, however. Looking beyond the dip in growth rates 2012-2014, we believe the market has strong fundamentals for medium-term growth. The inherent demographic profile advantage, coupled with sustained ...
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