Israel Information Technology Report - Business Monitor International - Industry Reports

Israel Information Technology Report

Israel Information Technology Report - Business Monitor International - Industry Reports
Israel Information Technology Report
Published Aug 20, 2016
67 pages — Published Aug 20, 2016
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Abstract:

In the IT market, it is cloud computing that is expected to outperform in terms of growth in ----. The underlying driver continues to be organisations looking for efficiencies which turn to more flexible and affordable software-as-a-service and infrastructure-as-a-service. Particular areas of opportunity for cloud computing include banking and retail, as organisations in those fields look to save money on hardware and improve customer services. In the hardware segment, household computer penetration of -- at YE---- means there is very limited potential for growth derived from first-time buyers, but BMI is much more optimistic about personal device sales, ie, notebooks, tablets and hybrids. The CBS household survey of -- Israeli cities showed just -- of households had - or more computers, significantly below the level that would be expected based on income levels in Israel. ...The CBS household survey of -- Israeli cities showed just -- of households had - or more computers, significantly below the level that would be expected based on income levels in Israel. We expect the hardware segment to return to growth in ----, with vendors catering to

...IT hardware sales will expand from ILS-.--bn in ---- to ILS-.--bn in ----, corresponding to a compound annual growth rate (CAGR) of -.- . Volume growth potential is limited by maturity, and smartphones could cannibalise replacement spending, but our core scenario is for shekel appreciation to support the market throughout the medium term. ...IT hardware sales will expand from ILS-.--bn in ---- to ILS-.--bn in ----, corresponding to a compound annual growth rate (CAGR) of -.- . Volume growth potential is limited by maturity, and smartphones could cannibalise replacement spending, but our core scenario is for shekel appreciation to support the market throughout the medium term. Software sales will increase from ILS-.--bn in ---- to ILS-.--bn in ----, a CAGR of -.- . ...IT services will the outperforming segment of the sector, and is forecast to grow from ILS--.--bn in ---- to ILS--.--bn in ----, at a CAGR of -.- . Demand for cloud computing, Internet of Things (IoT) and outsourcing services expected to be robust.

...BMI View: We downgraded the Israel IT forecast in the Q--- update, with a small downward revision reflecting a slightly softer economic outlook. We envisage a CAGR of -.- throughout --------- to ILS--.-bn. ...

  
Source:
Document ID
1752-4245
Country
Industry
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Israel Information Technology Report" Aug 20, 2016. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Israel-Information-Technology-Report-2026-474>
  
APA:
Business Monitor International - Industry Reports. (2016). Israel Information Technology Report Aug 20, 2016. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Israel-Information-Technology-Report-2026-474>
  
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