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Kuwait Information Technology Q3 2018

Kuwait Information Technology Q3 2018

BMI View:

The outlook for the Kuwaiti IT market is positive, driven by recovering oil prices, economic diversification and a series ofpublic and private sector investments in capital infrastructure that are set to dominate the national agenda over the coming years.However, we note that Kuwait's IT market is small and lacks the sophistication of most developed economies because of an oil-centric economy. Looking ahead, the biggest opportunities are concentrated in software and services where enterprisemodernisation and economic vertical expansion are positive developments. There are, however, still significant downside risks in thepolitical, economic and security realms with the potential to undermine our positive core growth scenario.

BMI Industry View
Industry Forecast
Industry Risk/Reward Index
Digital Transformation Plans Drive Up IT Spending
Market Overview
Industry Trends And Developments
Regulatory Development
Competitive Landscape
Regional Overview
Cybersecurity Key To Robust IT Development
Demographic Forecast
Demographic Outlook
Information Technology Methodology

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