Turkey IT Industry to Grow at a CAGR of 11.5%

Press Release   •   Jul 23, 2012 15:11 IST

According to a recent research by RNCOS, “Middle East ICT Market Analysis”, Turkey is one of the largest IT markets in the Middle-East region. The country can attribute its success in the field of technology to government programs and incentives, highly skilled population, extensive R&D programs and its overall innovative atmosphere. Another important factor that has been fueling the growth in the Turkish IT industry is Small and Medium Enterprises. Hardware sales dominate the Turkish IT-market and in future, it is expected to continue to do so.

In fact, the growth momentum has accelerated after the initiation of various campaigns to promote computer usage in education, SMEs, health, and other sectors. With the surging demand for laptops and fast growing outsourcing and training services, the total IT industry is projected to grow at a CAGR of around 11.5% during 2012-2015.

Our ongoing analysis revealed that, the number of e-government projects and content in Turkey has increased significantly over the last 10 years. Also, number of Small and Medium Enterprises in Turkey are planning to increase spending on IT services, software, servers, PCs, or disc storage.

Further, the report, by RNCOS has critically evaluated the factors responsible for the growth of Middle-East ICT market, with special focus to the present and past market trends. Some of the countries covered in the report include - UAE, Saudi Arabia, Egypt, Turkey, Israel, Oman, Jordan, Qatar, Bahrain and Iran.  The report offers detailed country-wise analysis of the ICT market by studying it in terms of IT market, mobile subscribers, fixed-line telephone subscribers, Internet users and broadband subscribers. It also contains a section on market drivers that will help clients understand the market potential and future growth prospects of the Middle East ICT sector.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM562.htm

Some of our Related Reports are:

- Global IT Security Market Forecast to 2013(http://www.rncos.com/Report/IM222.htm)
- Saudi Arabia ICT Market Forecast 2014 (http://www.rncos.com/Report/IM322.htm)
- Russia IT Industry Analysis (http://www.rncos.com/Report/IM292.htm)
- China Online Gaming Market Analysis (http://www.rncos.com/Report/IM197.htm)

Check Related REPORTS on: http://www.rncos.com/TelecommunicationIT.htm


RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.