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FINANCIAL NEWS
ME’s IT spending to grow 5.5% in 2013: Gartner
09 Mar 2013
(MENAFN) A recent research by Gartner Inc. expected Middle East IT spending to grow by 5.5 percent this year to USD192.9 billion compared to 2012, Arabian Business reported.
The report also estimated Middle East devices spending to grow by 7.7 percent in 2013 to USD29.6 billion compared to last year.
According to Peter Sondergaard, senior vice president and global head of research at Gartner, the devices include mobile phones, media tablets, PCs and printers.
Sondergaard estimated mobile phones spending to surpass 14 percent growth in 2013, adding that mobile phone sales between 2013 and 2016 are forecast to increase 64 percent, reaching USD32.7 billion.
Gulf states will increase their reliance on information technology as they continue to develop the non-oil GDP part of their economies, he said.
Gartner also expected Middle East software spending to grow by 7.1 percent in 2013 over 2012, driven by key markets such as security, storage management and customer relationship management.
As for the telecoms services sector, Gartner says the Middle East continues to be the largest spending market, representing 77 percent of total IT spending in the region in 2013.
Gartner predicted that its growth will exceed five percent in 2013, with mobile voice services reaching USD88.5 billion and mobile data services at USD23.2 billion.
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