Technology in MENA
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CAMBRIDGE, Mass., May 28 /PRNewswire/ — Saudi Arabia, Bahrain, and UAE will pioneer Long Term Evolution (LTE) adoption in the Middle East as LTE penetration rate for these countries is expected to reach 11.8 percent, more than the projected Western European average of 7.7 percent, according to a new report from Pyramid Research ( www.pyr.com ). In the Insider report LTE in the Middle East: Early Lessons From the Gulf Pioneers , Pyramid Research Analyst Kerem Arsal examines the market criteria that will drive the early LTE deployments in the Middle East. By relating the driving factors to our forecasts for LTE adoption, it shows why certain markets are better positioned for growth than others in the region. Arsal also investigates the obstacles that some Middle Eastern markets may face despite sharing some commonalities with the early adopters.
Middle East Will Surpass Europe in LTE Early Adoption, Pyramid F
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IDC
MENA IT sector seen to grow 11 per cent in 2010
JEDDAH -- The IT sector in the Middle East and North Africa, or MENA, region is forecast to grow 11 per cent in 2010 with IT spending reaching over $4.3 billion, according to a report from the International Data Corporation, or IDC. The report added that the region will continue to see double-digit growth in IT spending until 2013, compared to just 2.5 per cent in the world's developed markets. "The projected growth by the IT sector coming mostly from the MENA region is set to contribute to nearly 17 percent of the global industry growth." said APC by Schneider Electric Saudi Arabia Country Vice-President Jeff De Sousa. "The increasing demands from the industry have contributed to the added pressure on data centres to house high-density servers, while the global shift towards environmental responsibility makes it critical for the region to adhere to stringent guidelines," he added. De Sousa explained that this makes the region more vulnerable to the international market.
IT spending in the Middle East and North Africa region is set to grow at four times the global rate this year, according to new research revealed this week. The MENA region is set to see IT spending grow 12% in 2010, compared to the global average of 3%, according to IDC, a global market intelligence company that specialises in information technology, telecommunications and consumer technology markets. The report said global IT spending was likely to reach $1.48 trillion this year.