Research and Markets: Opportunities in Saudi Arabian ICT Sector

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/ccabd8/opportunities_in_s) has announced the addition of the "Opportunities in Saudi Arabian ICT Sector" report to their offering.

With a vision of transforming itself into a digital and information based society, Saudi Arabian Government is implementing a well thought off blueprint to stimulate growth in domestic ICT sector. Several factors such as Governments' initiatives to upgrade infrastructure, establishment of new industries, building of world-class hotel and leisure facilities have given a new direction to ICT development in the country. These initiatives have boosted the use and adoption of IT services by Government agencies, businesses and individuals across the country. Besides, deregulation of telecom sector and implementation of pro-ICT procurement policies has fostered the confidence of foreign and domestic players in the Kingdom's ICT industry. The report titled 'Opportunities in Saudi Arabian ICT Sector' provides a succinct but deep dive analysis of the current status and overall growth prospects of the Saudi Arabian ICT sector. The report provides an insight into the behaviour of prominent value chain determinants of the ICT sector like hardware market, IT services market, packaged software market, broadband services market and mobile telecommunication market; substantiating key findings with necessary statistics. The research also probes into the current and future prospect of the usage of IT services in various vertical sectors like communications sector, financial services sector and government sector.

'Opportunities in Saudi Arabian ICT Sector' is an outcome of comprehensive research and analysis of the Kingdom's ICT sector. The research team has also attempted to examine the need and benefits of developing the domestic IT sector for the country. Additionally the report studies the market potential of mobile financial services in the Saudi Arabian market. The information available in the report is expected to enable the target audience in understanding the contemporary industry scenario.

Key findings in the report include:

• The Saudi Arabian Government is undertaking several initiatives like opening training centres and local universities to develop local IT pool so as to address the issue of shortage of IT professionals in the country
• With a number of organizations still in the early stages of developing their IT support, IT installation and IT infrastructure, spending on IT services sector is projected to grow at a CAGR of over 17 per cent between 2010 and 2013 - With the popularization of a number of financial services like online and phone banking the financial institutions across the country are investing huge amount of money on upgrading their respective IT security and support compliance processes

Delivery time: Three Business days

Key Topics Covered:

1. Research Methodology

2. Key Market Trends & Growth Drivers

3. Saudi Arabian ICT Sector: Overview

4. Saudi Arabian ICT Sector Market Performance

5. IT Usage in Key Application Sector

7. Mobile Financial Services: Huge Market Potential

8. Conclusion

For more information visit http://www.researchandmarkets.com/research/ccabd8/opportunities_in_s.

CONTACT:

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

KEYWORDS:   Saudi Arabia  Middle East

INDUSTRY KEYWORDS:   Technology  Data Management  Internet  Telecommunications

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