Thursday, June 11, 2009

IT Market in Austria

IT market in Austria is showing a consistent growth despite having a smaller market size compared to other European countries. However, the overall market has shown a downward trend due to the recent global economic recession. The major growing verticals in Austrian IT market are Software, Services, and Telecom markets. Increasing demand from the Government sector organizations is the main reason for the market growth. High degree of competition accompanied by heterogeneity is the key nature of Austrian market.

The report ‘IT Market in Austria’ forecasts the overall IT market in the country over the period 2007-2010. Further, the overall IT market is segmented into software, hardware, services and communication for the years 2007, 2008, 2009 and 2010.

The report also presents market size forecast for software, hardware, services and communication over the period 2007-2010. In addition, it identifies and lays out the market size of key software, hardware, IT services and communication equipments & services for the year 2007.

This report can help IT vendors identify focus technologies and verticals. Further, the key market trends can help to understand latest market dynamics.

TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the 'Technology Navigators'. TechNavio is built on years of experience of deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.
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