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Turkish IT Industry Booming
Jun 24, 2010
The Turkish IT industry is the fastest growing and largest in the Middle East region followed by Israel and the UAE. Various global IT giants are actively operating in Turkey. The government authority TTGV is also providing financial support and expert advice through technology parks that bring together businesses, academic research and overseas investment. Along with this, various other associations such as BILTEN and Informatics Association of Turkey have been established for the development of IT industry in Turkey. As a result, the Turkish IT industry revenue is expected to grow at a CAGR of more than 16% between 2010 and 2013 to around US$ 12 Billion, says our new research report “Middle East ICT Market Analysis”.
Our team of industry experts has undertaken an extensive research of the Turkish IT industry and found that huge spending by SMEs in new initiatives is driving growth in the IT industry. Besides, surging demand for laptops and huge amount of software export is expected to fuel growth in the IT industry. As per the research, revenue generation by the hardware and software segments is expected to grow at a CAGR of more than 15% and 18% respectively.
“Middle East ICT Market Analysis” provides thorough analysis of the IT industry at the country level. Various Middle Eastern countries covered in the report are Israel, Turkey, Saudi Arabia, UAE, Egypt, Qatar, Oman, Bahrain, Jordan and Iran. The report also provides forecast for various segments of the IT industry such as hardware, software and IT services.
The report also gives detailed information of key ICT segments such as Fixed Line, Mobile and Internet. Various potential growth areas and growth inhibitors which can significantly affect the performance of the IT and ICT industry have also been discussed in the report.
For more information visit: http://www.rncos.com/Report/IM562.htm
For more information visit: http://www.rncos.com/Report/IM562.htm
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