TechNavio recognizes the following companies as the key players in the IT Market in Lebanon: Hewlett-Packard Co., IBM Corp., Microsoft Corp., and Oracle Corp.
Commenting on the report, an analyst from TechNavio’s team said: “Cloud computing is a technology that is used for maintaining data and applications with the help of central remote servers. It enables consumers and businesses to use applications without installation and access their personal files from any computer. The benefits of cloud computing include the pay-per-use model, reduced spending on technology infrastructure, and reduced licensing fees for new software packages. In Lebanon, many sectors have started using cloud services as they do not want to invest much in IT infrastructure such as hardware and software. In addition, organizations would like to take advantage of paying per use. Organizations will also require a fewer number of people to manage their IT environment.”
According to the report, one of the major drivers is the increase in government support for improving the IT infrastructure of the country. The government has introduced a number of initiatives that are positively impacting the IT market in Lebanon. For instance, the government has increased its spending on internal infrastructure such as data centers and fixed wireless deployments such as Wi-Fi, WiMAX, and broadband networks.
Further, the report states that one of the major challenges is that the Software segment is witnessing extensive piracy and it is hence undergoing heavy losses. According to the Business Software Alliance, a non-profit trade association created to improve the goals of the Software segment, this segment is facing a huge loss.
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 vendors. For further information on this report, please visit https://www.technavio.com/report/it-market-lebanon-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report -IT Market in Lebanon 2012-2016
