Governments in Middle East and North Africa on Pace to Spend $11.7B on IT in 2016
October 18, 2016 | Gartner, Inc.Estimated reading time: Less than a minute
Governments in the Middle East and North Africa are on pace to spend US $11.7 billion on IT products and services in 2016, according to Gartner, Inc. This forecast includes spending on internal services, software, IT services, data center systems, devices and telecom services. Government comprises state and local governments and national government.
Telecom services, which include fixed and mobile telecom services, will be the largest overall spending category through 2020 within the government sector. It is expected to be US $4.8 billion in 2016, with mobile network services being the largest sub-segment with US $3.2 billion in spending.
"The software segment includes enterprise resource planning (ERP), supply chain management (SCM), customer relationship management (CRM), enterprise application software, infrastructure software and vertical specific software (VSS). Software spending will grow 6.1% over 2016 spending, to reach US $1.2 billion," said Moutusi Sau, principal research analyst at Gartner. "Applications will grow 11.8% in 2016 to reach USD $394 million."
The top priority for Middle East governments is cybersecurity due to some recent high-profile targeted cyberattacks. Governments are focusing on releasing cybersecurity frameworks and by mandating country-specific regulatory policies, which include NESA in the United Arab Emirates (UAE), QCB in Qatar and SAMA in Saudi Arabia.
Suggested Items
It’s Only Common Sense: More Great Business Ideas from ‘Breaking Bad’
05/20/2024 | Dan Beaulieu -- Column: It's Only Common SenseI was cruising around YouTube the other day and came across a 10-year reunion of the cast of “Breaking Bad.” What a great show. So, I searched through my streaming channels, landed on the series, and started rewatching it. Then I remembered I had written a column about business ideas from the show. Once I re-read my column, I realized I had not even touched the surface of all the great advice in both business and life that one could get from that great series.
Terran Orbital Joins the Mobile Satellite Services Association (MSSA)
05/16/2024 | BUSINESS WIRETerran Orbital Corporation, a global leader in satellite-based solutions primarily serving the aerospace and defense industries, announced its membership in the Mobile Satellite Services Association (MSSA).
ispace EUROPE, CDS Sign Payload Service Agreement to Transport Precise Location Measurement Technology to the Moon
05/14/2024 | BUSINESS WIREispace EUROPE S.A., the Luxembourg-based subsidiary of ispace, inc., and Control Data Systems SRL (CDS) have signed a payload services agreement to transport precise location measurement equipment to the Moon, the two companies announced.
ACDi Expands East Coast Presence with Acquisition of Fourth Manufacturing Plant
05/13/2024 | ACDiACDi, a leading provider of electronics manufacturing services, today announces the expansion of its East Coast presence and manufacturing capabilities with the acquisition of a fourth manufacturing plant in Kilmarnock, Virginia. The company signed an asset purchase agreement with QinetiQ to acquire their Virginia facility and its assets, including SMT, wave soldering, AOI and SPI equipment. The deal brings ACDi to 4 East Coast locations with a total of 9 SMT lines.
Emerald Technologies Acquires Optimum
05/13/2024 | Emerald TechnologiesEmerald Technologies announced its acquisition of Optimum Design Associates, Inc. (Optimum), a leading electronic design and engineering services company. Terms were not disclosed.