The total IT market in Israel can be segmented into software, hardware, services and communication. An improved economic outlook and low interest rates are increasing the IT spending in Israel. A large number of SMEs, in order to reduce cost and maintain efficiency are deploying several IT products with the major focus toward enterprise solutions, system integration software, client server, and computer peripherals. Outsourcing is the emerging sector attracting a lot of investments. High spending by the manufacturing and government verticals and trends in financial sector to comply with the reforms are growth drivers of the domestic IT market.
The report ‘IT Market in Israel’ 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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