Lewes, DE -- (SBWire) -- 05/14/2015 --Report forecast the IT market in Oman to grow at a CAGR 8.31% over the period 2014-2019.
IT is required to develop a secure cyber environment, maintain a uniform flow of information, and increase the revenue of an organization. Oman is offering huge opportunities for IT investment, evident by the initiation of several large projects. The IT market in Oman is expected to grow rapidly, supported by its expanding population, government initiatives, and increasing demand for SMAC technologies. The government is also providing support to the SME sector in the country, which in turn is expected to drive the IT market in Oman. Oman's contribution to the IT market in GCC is negligible. The country's favorable economic conditions and increased adoption of new technologies such as cloud computing and big data are all expected to contribute significantly to the growth of IT market in Oman.
This report covers the present scenario and the growth prospects of the IT market in Oman for the period 2015-2019. The IT market in Oman is categorized into three: hardware, software, and IT services.
According to the report, operational complexities associated with IT infrastructure have increased across sectors in Oman. Therefore, the need to reduce these complexities is driving the IT market in Oman. The majority of the demand for IT services in the country originates from the BFSI, oil and gas, private, and aviation sectors. Demand from the banking sector has also increased because of a rise in the number of people using e-banking services. Demand for IT services from the government sector has also increased with a rise in e-government services.
IT Market in Oman 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes the profile of key vendors operating in this market.
Key players in IT Market in Oman 2015-2019: Gulf Business Machines, HP, IBM, Microsoft, Oman Data Park, Oracle and TCS
Other Prominent Vendors in the market are: Acer, ACS, Al Rabban Computer Technology, Anzyma, Apple, Brocade, CA Technologies,Capgemini, Celerant Consulting, Cisco Systems, Crimson Logic, Dell, Delta Computer, EMC, Epicor Software, E-Solutions, Fortinet, Fujitsu, HCL Infosystems, Hitachi, Huwaei, iGate, Infosys, Lenovo Group, MDS Holdings, Sage Group, Suleyum Al Kiyumi Trading and Toshiba
Market Driver
- Need to reduce operational complexities
- For a full, detailed list, view our report
Market Challenge
- Concerns about cyber security
- For a full, detailed list, view our report
Market Trend
- Growing popularity of cloud computing
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 84 pages, "IT Market in Oman 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Category, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/it-market-oman-2015-2019
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