IT services market grows 9.6 per cent a year

16 November 2007
Morocco’s IT services market has grown at 9.6 per cent a year since 2001, according to IDC, a technology consultancy firm.

The North African country’s IT market grew from $403.9m in 2001 to $638.7m in 2006.
“The side effect of the Gulf region mushrooming into the business centre for the Middle East has been rising costs, with both office buildings and IT services providers charging premium prices as demand has soared,” said Jyoti Lalchandani, IDC’s regional managing director for the Middle East and Africa.
“Until recently, there were few options for outsourcing IT at low cost to providers that truly understand the Middle East and the GCC in particular. Morocco has emerged as a viable location for offshore IT investment and services.”

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