Boston, MA -- (SBWIRE) -- 08/08/2014 -- The development of the Slovenian IT market was stymied in 2012 and 2013 by the challenging economic environment. W e expect it will continue to exhibit slow growth in 2014 , with a fragile recovery only gaining momentum through the second half of the year. Despite the major challenges faced in recent years the IT market has performed relatively well, and as confidence returns there will be opportunities for vendors. Privatisations by the government, the wider trend of m odernisation of enterprises and public administration underpin our forecast for a CAGR of 3.3% between 2014 and 2018. Enterprise spending growth will be the strongest area of the market, especially newer technologies such as cloud computing, but we also highlight opportunities in the retail market. Tablet penetration is low, at just 13.8% in 2013, indicating significant growth potential remains in the market.

Headline Expenditure Projections

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Computer Hardware Sales: EUR326mn in 2013 to EUR329mn in 2014, an increase of 0.8% in local currency terms. We expect the hardware market to return to growth after contracting in 2013, with the strongest growth in low cost Android tablets but an increasing challenge from Windows hybrids/convertibles.

Software Sales: EUR147mn in 2013 to EUR152mn in 2014, an increase of 3.2% in local currency. We expect SME spending on software will grow rapidly through government promoted modernisation initiatives over the medium term.

IT Services Sales: EUR199mn in 2013 to EUR211mn in 2014, an increase of 6.2% in local currency terms. The IT services market will outperform in 2014, based on the demand for cost cutting products such as cloud computing and outsourcing.

Key Trends & Developments

- The recession in 2012 and 2013 was detrimental to IT market performance, but in addition to recovery from 2014, a wave of privatisations as the government looks to avoid an international bailout will present opportunities to vendors. The government has...

The Slovenia Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Slovenia Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Slovenia.

Key Benefits

- Benchmark BMI's independent IT Industry forecasts for Slovenia to test other views - a key input for successful budgetary and strategic business planning in the Slovenian IT market.
- Target business opportunities and risks in Slovenia's IT sector through our reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Slovenia.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

Executive Summary

Summary of BMI's key industry forecasts, views and trend analysis covering IT, regulatory changes, major investments and projects and significant national and multinational company developments.

Regional Overview

Cross-border analysis of regional markets, commenting on IT penetration (PC and internet) and market growth drivers (IT market size and IT market compound growth).

Country Market Overview

Structure, size and value of the industry sectors including hardware, software and services; overview of the industry landscape and key players; assessment of the business operating environment and the latest regulatory developments and government authority.

BMI Industry Forecasts

Historic data series and forecasts to end-2017 for all key industry indicators (see list below), supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:

IT Sector: IT industry value (US$bn); IT sector contribution to GDP (%); value of hardware, software and services industry (US$mn); PC, peripherals and software imports and exports (US$mn); PC, peripherals and software sales (US$mn); number of PCs (`000); PCs/100 inhabitants; internet users (`000); internet users per 100 inhabitants; broadband subscribers (`000); broadband subscribers per 100 inhabitants.

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