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RNCOS Releases a New Report- Middle East ICT Market Analysis
RNCOS has recently added a new Market Research Report titled, "Middle
East ICT Market Analysis", to its report gallery. Traditionally, the
Middle East countries have been known for their wide dependencies on
oil-based resources. But now, with world heavily betting on renewable
energy resources, the region has started to reduce its dependency on oil
and has started to look towards other industries to sustain. And ICT is
one of the industries the Middle East has chosen to bank upon for its
future growth.
The robust economic growth, rising disposable income, booming industrial
sectors (such as oil industry, retail industry, banking industry,
insurance industry) and increasing investment in infrastructure
development have been among the factors that have put Middle East on the
global ICT map, says "Middle East ICT Market Analysis", our recent
report. For the purpose of this report, Middle East includes Egypt,
Turkey, Saudi Arabia, Israel, UAE, Jordan, Iran, Qatar, Oman and
Bahrain.
Although the Middle East countries face enormous obstacles to sustaining
growth, booming industrial sector is playing greater role in promoting
reforms and global competitiveness. This trend, coupled with regional
government initiatives, such as liberalization and privatization of the
telecom industry and setting up of technology parks, are fostering
growth in the Middle East ICT industry.
There has been growing demand for ICT products and services among
residential and corporate segment. Penetration in mobile market has
already surpassed 100% in some of the countries. According to the
report, the UAE, followed by Qatar and Bahrain, enjoys the most
developed mobile network infrastructure among the Middle East countrie s
with mobile penetration rate exceeding 145% in 2007. It also identifies
the country that currently enjoys highest Internet and broadband
penetration rate in the region.
Anticipating its future growth potential, foreign companies are
frequently announcing their business expansion in the Middle East and
many are evaluating to do so. In this regard, the study helps clients to
analyze the opportunities and factors critical to the success of the ICT
industry in the region. It also provides extensive research on historic
and future performance of the IT industry at country level, including
hardware industry, software industry and services industry. Forces that
are fuelling growth in various segments have also been discussed in
detail.
The research also covers overview of the Middle East telecommunication
industry, helping the clients to evaluate and analyze the present and
future scenario of mobile telephony, fixed telephony, Internet and
broadband in various Middle East countries. It also gives an insight
into various opportunities emerging in the field of 3G, WiMAX and IT
outsourcing.
The report provides four-year industry forecast (2008-2012) on various
IT and telecom segments of leading countries analyzed as part of this
research. The forecasts are given on:
- IT Industry
- Hardware Market
- Packaged Software Market
- IT Services Market
- Fixed-line Telephones
- Mobile Subscribers
- Internet & Broadband Subscribers
- Emerging Market: 3G (for those countries who have 3G as commercially
launched service)
About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm.
It has a team of
industry experts who analyze data collected from credible sources. They
provide industry
insights and analysis that helps corporations to take timely and
accurate business decision
in today's globally competitive environment.
For more information visit: http://www.rncos.com/Report/IM562.htm
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http://www.rncos.com/Blog/
Disclaimer: The views and opinions expressed in the research published are those of the individual companies and writers and not necessarily those of Investorideas.com®, or any of the industry sector portals . At the time of publication, writers may hold positions in the stocks or companies mentioned.
Investorideas.com® or any of the industry sector portals cannot assure accuracy of the research presented. Investors are encouraged to research and verify facts and under no circumstances is Investorideas.com® endorsing the content as a recommendation to buy or sell stock.
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