TechNavio today launched its report IT Services Market in the Middle East 2011“2015 based on an in-depth study focusing exclusively on the Middle East regions. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s IT Services team said; The increased adoption of project-based IT services by the public sector and large corporations in the Middle East has been a major trend in the IT Services market in this region. Project-based IT services enable efficient integration of IT software and hardware to maximize business benefits and align the IT infrastructure according to the requirements of a project.
According to the report, the rapid growth of the small and medium enterprises (SME) segment is accelerating the pace of IT adoption in the Middle East. The high annual growth rate of the IT industry compared with the growth rate of developed economies has been driven by the SME segment. The significance of gaining competitive advantage has prompted SMEs to introduce structural changes in their organization, renovate their existing enterprise infrastructure, and upgrade their technologies. This has resulted in great demand for IT infrastructure, including IT services, among SMEs to align their operational capabilities with evolving business dynamics.
Further, the report also discusses that acquiring, retaining, and managing talent is one of the most challenging factors confronting organizations in this market.
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 https://www.technavio.com/content/it-services-market-middle-east-2011-2015
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