Serbia Information Technology Report 2015

Business Monitor International
November 26, 2014
69 Pages - SKU: BMI5392122
Countries covered: Serbia and Montenegro

Serbia Information Technology Report 2015

BMI View: Serbia's EU candidacy will be the key driver of the IT industry over the next five years, as itbrings its business environment and infrastructure in line with the rest of the Eurozone region. Thelandslide election of the pro-EU Progressive Party in March 2014 should help this transition and boostmarket growth, in particular, with the privatisation of Telekom Srbija, lowering tariff barriers for hardwareand the reduction of software piracy. Serbia's strategic location in Europe and high level of technicaleducation will also benefit the market, as it could become a regional hub for business process outsourcing.

However, Serbia's economy has come under pressure as a result of devastating floods, causing a wideningbudget shortfall. Combined with the depreciating dinar, this could pose a major risk in the short-term asgovernment spend on IT will be curbed.

BMI forecasts average growth of 5.5% in the IT market between 2014 and 2018. Hardware sales growthwill be 4.7% on average over the period, reaching RSD52.8bn by 2018 and remain the largest source ofspending. IT services will see strong growth, reaching 22% of overall spending by 2018, an average growthrate of 7.0%. Software will grow fastest by a small margin, increasing by 7.3% over the period, but onlyaccounting for 12.7% of overall spending.



More Technology reports by Business Monitor International

Mexico Information Technology Report Q1 2015 by Business Monitor International
Mexico Information Technology Report Q1 2015BMI View: We expect Mexican IT spending growth to accelerate in 2015 as the economy strengthens with apositive outlook for ...
Peru Information Technology Report Q1 2015 by Business Monitor International
Peru Information Technology Report Q1 2015BMI View: We continue to expect the Peruvian IT industry to perform strongly over the next five years,even though the ...
Israel Information Technology Report Q1 2015 by Business Monitor International
Israel Information Technology Report Q1 2015BMI View: Israel has the most mature IT market in the Middle East and Africa region, and its skilledworkforce, vibrant ...
Hungary Information Technology Report Q1 2015 by Business Monitor International
Hungary Information Technology Report Q1 2015BMI View: The Hungarian economy has been a regional underperformer in recent years, and the outlookremains fragile in 2015 and ...
See all reports like this >>

More Serbia and Montenegro Technology reports

Serbia Information Technology Report 2014 by Business Monitor International
Serbia Information Technology Report 2014BMI View: Serbia's position as an EU candidate country offers considerable potential for growth, withgovernment and businesses keen to invest in ...
See all reports like this >>

 

SELECT A LICENSE

    PDF E-mail From Publisher  USD 1,295  
    PDF E-mail From Publisher
3 User License
  USD 1,945  
    PDF E-mail From Publisher
5 User License
  USD 2,500  
    PDF E-Mail from Publisher 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!