MidEast IT spend forecast to hit $192bn in 2013

  • Share via facebook
  • Tweet this
  • Bookmark and Share
(Bloomberg Images - for illustrative purposes only)

(Bloomberg Images - for illustrative purposes only)

Middle East IT spending is projected to total $192.9bn in 2013, a 5.5 percent increase from 2012, according to the latest forecast by Gartner Inc.

It said Middle East devices spending is forecast to reach $29.6bn this year, up 7.7 percent from 2012.

Peter Sondergaard, senior vice president and global head of research at Gartner, said: "Devices are represented by mobile phones, media tablets, PCs, and printers, with mobile phones excelling with more than 14 percent spending growth in 2013.

"Mobile phone sales between 2013 and 2016 are forecast to increase 64 percent, reaching $32.7bn," he added.

"IT demand is quite selective in large Middle East organisations. We expect strong IT demand from vertical industries like banking and government in 2013."

He said that as Gulf states continue to develop the non-oil GDP part of their economies, increased reliance on information technology will happen to spur this growth.

In 2013, Middle East software spending is also forecast to grow 7.1 percent over 2012. This segment will be driven by key markets such as security, storage management and customer relationship management.

Gartner said the Middle East's telecom services market continues to be the largest spending market, representing 77 percent of total IT spending in the region in 2013.

Gartner analysts predicted that its growth will exceed five percent in 2013, with mobile voice services reaching $88.5bn and mobile data services at $23.2bn.

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
UAE's role in the new space race

UAE's role in the new space race

In the last five years, the UAE has invested heavily in a bid...

An Instagram photo is worth a thousand words

An Instagram photo is worth a thousand words

Instagram has become the social media platform of choice for...

1
Fear and roaming in the Gulf

Fear and roaming in the Gulf

The Gulf’s telecommunications giants are once more pushing ahead...

Most Discussed
  • 54
    Three UAE women attacked with hammer at London hotel

    I really feel that Arabian Business.Com should now close this comments page. This should be all about sympathy for the families not what it is/has turned... more

    Wednesday, 16 April 2014 1:06 PM - Adrienne
  • 51
    Why Dubai isn't a plastic city

    What is definitely not a plastic city. The Arabs have a culture dating back to several centuries. 50 years back Dubai was just a fishing village. Today... more

    Tuesday, 8 April 2014 3:49 PM - P. MADHUSUDAN
  • 48
    DMCC boss Ahmed Bin Sulayem entertains Robert Mugabe in Dubai

    @fga ''However today, simply because he decided to dispossess a few white farmers of their land and redistribute to the poorer indigenous blacks'' more

    Sunday, 13 April 2014 3:02 PM - Matt Williams