Peru Information Technology Report Q1 2015

Business Monitor International
November 19, 2014
74 Pages - SKU: BMI5388638
Countries covered: Peru

Peru Information Technology Report Q1 2015

BMI View: We continue to expect the Peruvian IT industry to perform strongly over the next five years,even though the rest of the economy will expand at lower average rates as a decline in metals prices weighson private investment into mining and results in slower export growth. This is because the retail sector willremain resilient over this period, given a rising middle-class consumer and declining unemployment. Realprivate consumption has consistently expanded above headline real GDP growth in recent quarters, a trendwe expect to remain in place in the next couple of years. Government policies continue to support IT sectorgrowth and trends in the industry such as declining device prices, improvements in network infrastructureand cloud computing adoption will spur growth. The major downside risk to our outlook is the weakerChinese demand for the country's raw materials. This risk has intensified in Peru since the beginning of2014 and we expect this to continue to weigh on economic growth in the months ahead, with potentialnegative consequences for the IT sector.



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