FINANCIAL NEWS

ME, Africa to spend USD91b on IT in 2015

30 Apr 2012

(MENAFN) IT and marketing research firm IDC’s vice president and regional managing director for Middle East, Africa and Turkey, Jyoti Lalchandani, stated that in 2015, spending on information technology by countries in the Middle East and Africa (MEA) region is forecasted to grow to USD91 billion, reported Xinhua News.

Lalchandani added that Saudi, the UAE, South Africa and Turkey are the major IT markets in the region, representing more than 60 percent of total IT expenditure.

He also said that the main growth driver in the region’s IT sector is cloud computing, followed by mobility, big data and social technologies.

However, he noted that both the UAE and Saudi are amongst the countries most exposed to hacker attacks and cyber crimes.

It is worth noting that in 2012, MEA’s spending on information technology is USD71 billion, according to IDC.

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