BMI View: The decline in the oil price has dampened the economic outlook for Bahrain since the last IT
market update, reflected in our downward revision of our forecast to a CAGR of 4.9% 2016-2019 to a total
value of BHD154mn. The impact will not however be far reachi ..."
IT is an integrated platform that includes hardware, IT services, and software; it enables data manipulation, information management, and streamlined operational processes that increase productivity and efficiency. In simple terms, IT is the technology required to process data an ..."
BMI View: Growth in 2014 was squeezed by the political instability that has been an undercurrent in
Bahrain since the Arab Spring, and we believe it could continue to be a drag on growth in 2015, with
downside risk should the situation deteriorate. However, there are positive c ..."
BMI View: Youthful population dynamics, government ICT initiatives and expanding financial hub status
have been the major drivers of growth in Bahrain's IT market. However, escalating political instability in
the kingdom dampened the growth of Bahrain's IT market duri ..."
BMI View: The total size of the addressable Bahrain IT market in 2013 is forecast by BMI to US$372mn, up from an estimated US$346mn in 2012. BMI forecasts a CAGR of 8% for 2013-2017.
Bahrain's strong financial sector will continue to provide opportunities for ..."