Market Report, "Bulgaria Information Technology Report 2013", Published
The total size of the Bulgarian IT market in 2012 is estimated by BMI at around US$1.1bn, up from US$1.0bn in 2011. BMI expects a market CAGR of 5% for 2012-2016, below the pre-economic crisis trend level. Bulgarian IT spending is forecast to record low single-digit growth in 2012 as businesses and consumers remain cautious due to the economic situation. Despite various reported delays in 2011, major EU-funded projects are coming on stream as Bulgaria attempts to improve its position...
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