Spain Information Technology Q1 2019
We envisage sustained growth in IT spending in Spain over 2019-2022, fuelled by an expanding economy that generatesprivate and public sector demand for software and IT services solutions - and we forecast a faster growth rate in US dollar termsbecause of euro appreciation. Meanwhile, the domestic software and services industry is well positioned, both to meet localdemand and to export across the EU and beyond. The principal risk consideration is the potential for global headwinds to lowerSpain's economic trajectory, or for domestic political disputes to escalate and result in lower business confidence.
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