Albany, NY -- (SBWIRE) -- 06/05/2015 -- IT can be defined as an integrated platform that includes hardware, software, and IT services. The role of IT in an organization is to integrate various business processes and thus ensure smooth flow of information and processes. IT also helps organizations align their business processes with various technologies. The IT market in GCC is faces few challenges including political and social uncertainties and regulatory compliances. Unfavorable regulatory environment restricts the entry of new players into the market.

TechNavio's analysts forecast the IT market in GCC to grow at a CAGR of 7.75% over the period 2014-2019.

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Covered in this report

This report covers the present scenario and the growth prospects of the IT market in GCC for the period 2015-2019. The market is categorized into three segments: hardware, software, and IT services. The report covers the geographical segmentation of the market based on the following key states: Saudi Arabia, the UAE, Qatar, Oman, Kuwait, and Bahrain.

TechNavio's report, the IT market in GCC 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.

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Key vendors
Dell
Hewlett Packard
IBM
Lenovo Group
Microsoft
Oracle
Other prominent vendors
Acer
Apple
Brocade
Cisco Systems
EMC
Fortinet
Injazat Data Systems
Letosys Computer Systems
MDS Holdings
Oracle
Sage Group
Toshiba
Wipro
Key market driver
Increased popularity of IoT
For a full, detailed list, view our report
Key market challenge
Shortage of skilled IT professionals
For a full, detailed list, view our report
Key market trend
Adoption of software-defined data centers
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?

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