TechNavio today launched its report IT Market in Israel 2011-2015 based on an in-depth study focusing exclusively on Israel. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s IT Services team said; ”Cloud computing has been the buzz word for some time now in the Technology sector with the majority of the large organizations in the region viewing cloud computing as a priority and having already adopted it or having funding in place for its adoption. Global firms such as IBM and Microsoft are increasing their investment in the Cloud Services market. The Platform as a Service (PaaS) segment of the Cloud market in Israel, which is providing major application vendors with an environment whereby they can shift their offerings online and assemble customers on a mutual platform, is expected to grow enormously from 2011“2013.”
According to the report, one of the main factors driving this market is the increasing support of the Israeli Government to improve IT infrastructure in the country. The Government has increased its IT spending on e-governance and has also increased spending on the upgradation of IT technologies across various departments.
Further, the report also discusses that one of the major concerns for the market is cyber security.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/LEhsK
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