Fast Market Research announces the availability of the new Business Monitor International report, "Argentina Information Technology Report Q1 2016", on their comprehensive research portal

Boston, MA -- (SBWire) -- 11/27/2015 --We are anticipating a strong growth in the IT market in 2016 in local curreny terms but peso weakness remains a problem for Argentina. US dollar denominated growth will be negative once again but a less hostile economic environment, including slower peso depreciation against the US dollar, which will mean less pressure on PC sales than under our previous forecast. We still expect a marked improvement from 2014 when the economic crisis had a major disruptive impact on the Argentine IT market, with the devaluation of the peso, import restrictions, high inflation, capital controls, shortage of credit and government debt default all contributing to a recession and sharp contraction of the IT market in US dollar terms. Over the medium term, we expect the market to move to a higher growth trajectory from 2016/2017 as confidence returns and deferred purchases from 2014-2015 are unlocked. Meanwhile, the impact of economic crisis was not wholly negative, with devaluation helping to make IT exports abroad more competitive and boosting industry development. There are also positive fundamentals for medium-term growth including increases in PC penetration, second device ownership, enterprise software penetration and cloud computing are examples of sectors that have growth opportunities.

Get More Details on this Report and a Full Table of Contents at Argentina Information Technology Report Q1 2016

Headline Expenditure Projections

Computer Hardware Sales: sales will jump by 21.5% in 2016 with market value reaching ARS23.9b in local currency terms.
Software Sales: will jump 21.2% in 2016 to an estimated ARS18.73bn. Small- and medium-sized enterprise demand for software and strong potential in enterprise resource planning applications should maintain growth despite macroeconomic challenges.
IT Services Sales: Market will grow by 23.2% in 2016 to reach ARS28.66bn. IT services spending growth expected to outperform as adoption rates for outsourcing and cloud computing accelerate in 2016, with faster growth expected to be maintained over the medium term.

The Argentina 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 Argentina 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 Argentina.

Key Benefits

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

Coverag

BMI Industry View

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.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the IT sector and within the broader telecommunications, political, economic and business environment.

BMI Industry Forecast

Historic data series (2010-2013) and forecasts to end-2019 for all key industry and economic indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:

-IT Sector: Industry value (USDmn); IT sector contribution to GDP (%); value of hardware, software and services industry (USDmn); PC, peripherals and software imports and exports (USDmn); PC, peripherals and software sales (USDmn); number of PCs (?000); PCs per 100 inhabitants; internet users (?000); internet users per 100 inhabitants; broadband subscribers (?000); broadband subscribers per 100 inhabitants.
-Economy: Economic growth (%); nominal GDP (USDbn); unemployment (%); interest rates (%); exchange rate (against USD).

Information Technology Risk Reward Index

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Computer Technology research reports at Fast Market Research

You may also be interested in these related reports:

-Indonesia Information Technology Report Q1 2016
-Philippines Information Technology Report Q1 2016
-Turkey Information Technology Report Q1 2016
-Czech Republic Information Technology Report Q1 2016
-Chile Information Technology Report Q1 2016