BMI View: Kuwait has a large and lucrative hardware market where retail spending on PCs has been
strong over the past decade, but, as a result of a weaker economic outlook and PC market saturation,
demand is expected to be flat over the medium term. The hardware segme ..."
BMI View: A combination of economic uncertainty in a low oil price environment and a saturated core
market for IT hardware means we have low expectations for IT spending growth in Kuwait over the medium
term. The downturn in economic sentiment and slowdown in private ..."
BMI View: The growth outlook for Kuwait's IT market is weak, with the slowdown in private consumption
in a saturated retail PC market the main factor in a hardware centric IT market. We forecast total IT
spending will increase at a CAGR of 1.4% over 2016-2020, with so ..."
BMI View: We forecast a weak growth outlook for the Kuwait IT market, with a decline in oil prices and
saturation of the retail market playing a key role in this. However, high incomes will ensure the market
remains lucrative in per capita terms, despite a small popul ..."
BMI View: A combination of market maturity and a weaker economic outlook following the decline in oil
price result in a weak growth outlook for the Kuwaiti IT market. The retail market is saturated, with high
penetration even for the younger tablet device category, me ..."
BMI View: We have a subdued growth outlook for Kuwait's IT market, reflecting the negative impact of the
depressed oil price on wider economic growth and enterprise software and services opportunities. We
forecast IT spending growth of 0.5% in local currency terms in ..."
BMI View: We have downgraded the IT market growth outlook for Kuwait in Q215 to reflect the negative
impact of the depressed oil price on wider economic growth and enterprise software and services
opportunities. We now forecast IT spending growth of 0.5% in local curr ..."
BMI View: The regional security situation, particularly the deterioration in neighbouring Iraq, presents
downside risk to our core outlook for the IT market in Kuwait to continue expanding each year over our
medium-term forecast to 2018. Nonetheless, we expect it to r ..."
BMI View: Kuwait's IT market has a bright medium term outlook as one of the most lucrative markets in
the region. Kuwait had one of the highest GDP per capita levels in the world at the end of 2013, and with
only 2% of its population residing in rural areas the retail ..."
BMI View: At approximately US$84,000 Kuwait had one of the highest GDP per capita rates at the end of
2013, with only 2% of its population residing in rural areas. As a result we are confident that IT spending
will continue to increase over our forecast period, projec ..."