IT spending to fall in Gulf

14 July 2009

A new report by IDC says information technology spending in the Gulf is likely to fall sharply for first time this year. IT spending in six Gulf countries is forecast at $12.18bn, a decrease of 5.83% compared to $12.94bn in 2008. Research firm IDC has slashed its growth forecast for the third time this year. In December, they revised the figures from $15.93bn to $14.95bn and now to $12.18bn.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications