Lewes, DE -- (SBWIRE) -- 05/14/2015 -- Report forecast the IT market in Qatar to grow at a CAGR 12.37% over the period 2014-2019.

IT is required to develop a secure cyber environment, maintain a uniform flow of information, and increase the revenue of an organization. The demand for IT in the private and public sectors, and optimistic economic scenario and huge support from government have encouraged many businesses to invest in IT. This, in turn has contributed to the development of IT infrastructure. Qatar is moving toward economic diversification due to surplus of resources generated from the Oil and Gas sector.

This provides a huge opportunity for improvement on the technological front. There is scope for investments in IT, which is evident from major projects such as QSTP, which apart from being a tax-free environment, provides funds for start-ups and also allows 100% foreign ownership. Furthermore, continuous financial support to tech-oriented projects such as metros, stadia, and other infrastructure is expected to result in a double digit growth of the IT market in Qatar.

This report covers the present scenario and the growth prospects of the IT market in Qatar for the period 2015-2019. The IT market in Qatar is categorized into three segments: hardware, software, and IT services.

According to the report, the IT market in Qatar is expected to register double-digit growth rates in the coming years, driven by continuous financial support for tech-oriented projects such as building infrastructure for metro systems, stadiums, and other infrastructure from the government. Qatar is moving toward economic diversification and its economy is essentially driven by its abundant oil and gas resources.

IT Market in Qatar 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes the profile of key vendors operating in this market.

Key players in IT Market in Qatar 2015-2019: Hewlett-Packard, IBM, Microsoft and Oracle

Other Prominent Vendors in the market are: Accenture, Acer, Al Rabban Computer Technology, Almana Computer Services, Apple, Argus Technologies, CA Technologies, Capgemini, Cisco Systems, Dell, Delta Computer, Ejada, Epicor Software, E-Solutions, Fujitsu, iGate, iHorizons, Infosys, Lenovo Group, Logic Information Technology, Malmotia, Ooredoo, Qatar Computer Services, Qatar Datamation Systems, Siemens and Stratiss Qatar

Market Driver
- Increase in government initiatives
- For a full, detailed list, view our report

Market Challenge
- Cyber threat
- For a full, detailed list, view our report

Market Trend
- Growing popularity of cloud computing solutions
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 71 pages, "IT Market in Qatar 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Category, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/it-market-qatar-2015-2019

Find all IT Outsourcing Reports at: http://www.marketresearchreports.com/it-outsourcing

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

For regular industry updates subscribe to our newsletter at: http://www.marketresearchreports.com/subscribe-to-newsletter