(MENAFNEditorial)
The development of the Slovenian IT market was stymied in 2012 and 2013 by the challenging economic environment - but BMI now forecasts a more robust economic recovery in Slovenia from 2014 which should put the IT market back on a faster medium term growth trajectory . 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 compound annual growth rate ( CAGR ) of 3. 0 % 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.
Full Report Details at
- http://www.fastmr.com/prod/953269_slovenia_information_technology_report_q2_2015.aspx?afid=101
Headline Expenditure Projections
Computer Hardware Sales: EUR339mn in 2013 to EUR341mn in 2014 an increase of 0.5% in local currency terms. We made a small upgrade to our forecast for 2014 on the basis of the strengthening of the wider consumption outlook in Slovenia with tablet demand growth expected to outperform.
Software Sales: EUR134mn in 2013 to EUR138mn in 2014 an increase of 2.8% in local currency. Enterprise software demand is subject to uncertainty given the regional economic and political climate but the withdrawal of Microsoft support for the XP OS in April 2014 should boost spending.
IT Services Sales: EUR199mn in 2013 to EUR210mn in 2014 an increase of 5.8% 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 in an environment of low enterprise confidence.
Key Trends & Developments
* The cloud computing market in Slovenia has strong medium-term growth potential as a result of...
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
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
BMI’s Risk Reward Indices provide technology manufacturers service providers and IT vendors/leasing agents looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry economic and demographic data points to provide indices of highest to lowest appeal to investors with each position explained.
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 Macroeconomic Forecast
BMI forecasts for all headline macroeconomic indicators to end-2019 including real GDP growth inflation fiscal balance trade balance current account and external debt.
Competitive Landscape
Full analysis of the competitive landscape within the hardware software and services sectors.
Company Profiles*
Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts our macroeconomic views and our understanding of the wider competitive landscape. The latest financial and operating statistics and key company developments are also incorporated within the company profiles enabling a full evaluation of recent company performance and future growth prospects.
Regional Overview
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