IT Market in Lebanon 2014-2018: Key Vendors are Hewlett-Packard, IBM, Microsoft and Oracle

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02 Oct, 2014, 18:21 GMT

DUBLIN, Oct. 2, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "IT Market in Lebanon 2014-2018" report to their offering.

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IT can be defined as an integrated platform to manage information that consists of hardware, software, and services. IT is an integral part of business processes. In an organization, the IT department is responsible for storing, safeguarding, processing, transmitting, and retrieving information.

The IT market in Lebanon is one of the fastest growing in the Middle East with a market size of US$365 million in 2013. The favorable performance of the market has benefited from investment in telecommunication infrastructure and broadband connectivity. The IT market in Lebanon is mainly dominated by SMEs, which are mostly occupied in the development of software products and mobile applications.

The analysts forecast the IT market in Lebanon will grow at a CAGR of 11.03 percent over the period 2013-2018.

The IT market in Lebanon can divided into three segments: Hardware, Software, and IT Services. The report provides information on the market share of the key end-user segments and sub-segments of the IT market in Lebanon. It also discusses the competitive advantages of the IT market in Lebanon.

The report, the IT Market in Lebanon 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the IT market landscape in Lebanon and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

In Lebanon, many organizations are focusing on shifting their data centers toward cloud infrastructure. There is strong demand for cloud services, including offerings such as IaaS, PaaS, and SaaS. The development of cloud-based applications such as SaaS is helping the Lebanon-based software and IT services companies to serve SMEs that are predominant in the region. As cloud services give the advantage of paying as per use, many sectors have started using these services in Lebanon.

According to the report, a large pool of skilled IT professionals has attracted foreign companies to invest in the IT sector. Lebanon offers world-class education facilities that results in the development of talented software professionals.

Further, the report states that the weak regulatory framework for Intellectual Property Rights is one of the major challenges. As a result of opaque and complex policies and regulations, the IT industry is experiencing a high software piracy rate. Companies are unlikely to file cases against software piracy.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Category

08. Market Segmentation by End-users

09. Competitiveness of Lebanese IT Market

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

Companies Mentioned:

  • AIMS Sal
  • Apstrata
  • BML Istisharat Sal
  • BSynchro Sal
  • CCT international
  • Capgemini SA
  • Cisco Systems Inc.
  • DC Soft Sal
  • Dataflow Sarl
  • EMC Corp.
  • FooSal
  • Fujitsu Ltd.
  • Hewlett-Packard Co.
  • IBM Corp.
  • Intel Corp.
  • Kashida Offshore Sal
  • Lenovo Group Ltd.
  • Microsoft Corp.
  • NetSila Sal
  • Netways
  • Oracle Corp.
  • Toshiba Corp.
  • Unilog Liban Sal
  • Viamobile Sal

For more information visit http://www.researchandmarkets.com/research/b2f3kz/it_market_in

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net