Thursday, June 11, 2009

IT Market in Romania

The total IT market in Romania can be segmented into Software, Hardware, Services, and Communication. Though under-developed and smaller in size, Romanian IT market is considered as one among the fastest growing in Central & Eastern Europe. Market liberalization followed by the probable rise in income level of its population are considered as the major factors to this growth. The larger part of IT market growth is covered by hardware followed by the demand for software & IT services. The telecom market comparatively, though larger in size, is heading toward maturity and is providing lesser growth prospects.

The report ‘IT Market in Romania’ forecasts the overall IT market in the country over the period 2007-2010. The overall IT market is segmented into software, hardware, services, and communication and the market size forecasts for these segments are presented for the period 2007- 2010. In addition, it discusses the key market trends of IT market in the country.

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 Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.
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