BMI View: Weaker than expected economical growth has lead BMI to downgrade its outlook for Lebanon's
IT market, as a result we believe that it is expected to reach LBP575bn in 2014. Growth will rebound as of
2015, however, and the market will expand at an average rate ..."
IT can be defined as an integrated platform to manage information that consists of hardware, software, and services. IT is an integral part of business processes. In an organization, the IT department is responsible for storing, safeguarding, processing, transmitting, and retriev ..."
BMI View: Lebanon's IT market is forecast to be a regional outperformer over the medium term as strong
economic growth underpins market expansion. The total size of the Lebanese IT market in 2014 is forecast
to reach LBP595.4bn, an increase of 7.4% from 2013 and we fo ..."
BMI View: The total size of the Lebanese IT market in 2013 is forecast by BMI at US$364mn, up from
US$337mn in 2011. BMI expects a market CAGR of 12% for 2013-2017. Lebanon's IT spending is
forecast to record single-digit growth in 2013, slower than previously forecas ..."