Israel Information Technology Report Q1 2015

Business Monitor International
November 19, 2014
85 Pages - SKU: BMI5388614
Countries covered: Israel

Israel Information Technology Report Q1 2015

BMI View: Israel has the most mature IT market in the Middle East and Africa region, and its skilledworkforce, vibrant start-up culture and strong government and university engagement in developing cuttingedge research has attracted investment from nearly all major global IT firms. However, because of thecomparatively high penetration of IT products and services, as well as its small population, Israel's ITmarket is expected to grow more slowly than most others in the region. Between 2010 and 2014, the ITmarket was also impacted by sluggish GDP growth, but we expect an improving macroeconomic outlook tosupport accelerating demand for IT software and services in the latter years of our forecast period to 2018.

Given Israel's geopolitical location and the uptick in violence in the region, we expect spending on cybersecurity to be a key driver of growth in Israel's IT market, chiming with our view that software and serviceswill increase as a proportion of IT spend to account for 65% of the market by 2018.

Headline Expenditure Projections

Computer Hardware Sales: Forecast to reach ILS9.225bn in 2014, up from ILS9.143bn in 2013. Weexpect a return to growth in 2014 to be driven by the launch of 4G mobile networks and ongoing migrationto the Windows 8 OS.



More Technology reports by Business Monitor International

Turkey Information Technology Report Q1 2015 by Business Monitor International
Turkey Information Technology Report Q1 2015BMI View: Our core scenario for Turkey is bullish over the medium term as a convergence of incomegrowth, declining device ...
Sri Lanka Information Technology Report Q1 2015 by Business Monitor International
Sri Lanka Information Technology Report Q1 2015BMI View: Strong economic growth and a government that is supportive of digitalisation underpin our ITgrowth forecast as this ...
Slovenia Information Technology Report Q1 2015 by Business Monitor International
Slovenia Information Technology Report Q1 2015BMI View: The development of the Slovenian IT market was stymied in 2012 and 2013 by the challengingeconomic environment - ...
Philippines Information Technology Report Q1 2015 by Business Monitor International
Philippines Information Technology Report Q1 2015BMI View: We have a bullish outlook for the development of the Philippines' IT market, as we identify it asa ...
See all reports like this >>

More Israel Technology reports

Information Technology Report - Israel Q4 2014 by Business Monitor International
Information Technology Report - Israel Q4 2014BMI View: Although Israel's small and mature IT market is expected to grow more slowly than most othersin MEA, ...
Israel Information Technology Report Q3 2014 by Business Monitor International
Israel Information Technology Report Q3 2014BMI View: Israel's IT market is the most developed in the Middle East with a rich ecosystem of majorglobal investors, ...
See all reports like this >>

More Israel reports

D&B Country Report: Israel by Dun & Bradstreet Inc.
D&B Country Report. Comprehensive information for evaluating risks and opportunities when trading or investing in this country. Providing critical information and analysis on ...
See all reports like this >>

 

SELECT A LICENSE

    Report with 3 quarterly updates  USD 1,295  
    Report with 3 quarterly updates
3 User License
  USD 1,945  
    Report with 3 quarterly updates
5 User License
  USD 2,500  
    Report with 3 quarterly updates
Departmental/Site License
  USD 2,995  
    Global Site License Fulfilled by Publisher  USD 6,995  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!