Turkey Information Technology Q1 2019
The currency crisis and recession in 2018-2019 put the IT market on a weaker trajectory over the short-term, but weanticipate recovery from 2020 when the lira strengthens and the economy returns to growth. This will benefit local and foreignvendors as sentiment strengthens, but especially those importing devices and solutions to Turkey because of improved affordabilityforecast for 2020-2022. Considerable downside risks will however persist, including economic vulnerability to global headwinds,domestic political tensions and regional security issues.
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