Business Services Industry
IT spending in UAE likely to grow 10 percent to Dh4.77 billion
Iraq Telecom, January, 2005 by Anonymous
UAE
IT spending in the UAE would put in a relatively sedate 10 percent year-on-year growth in 2005 to total $1.37 billion (Dh4.77 billion), according to preliminary forecasts released by International Data Corp (IDC).
As has been the case in the past two years or so, the focus of this spending will revolve around emerging technology requirements such as storage and security solutions, content management, network/ systems management solutions, and IT services, coupled with a healthy demand for IT hardware and infrastructure solutions.
Healthy volumes will still exist for such products as PCs and peripherals, especially on the re-export front. IDC estimates that between 25 and 30 percent of IT spending in the UAE will be routed through the re-export...
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