Czech Republic Information Technology Report Q3 2015 - New Study Released

The Czech Republic was one of the strongest performing IT markets in Central and Eastern Europe in 2014 - and we believe it is positioned to outperform again in 2015. Our in-house Country Risk team forecast appreciation of the koruna against the US dollar in 2015, which will help to maintain retail hardware spending growth. Meanwhile, wider economic conditions are conducive to IT market development, with areas including cloud computing, enterprise software, outsourcing and emerging Internet of Things deployments all expected to see strong medium term demand growth. There is however downside risk with enterprise confidence susceptible to shifts in sentiment, and a re-escalation of the eurozone crisis with the election of Syriza in Greece could undermine confidence levels.

Full Report Details at
- http://www.fastmr.com/prod/991590_czech_republic_information.aspx?afid=301

Headline Expenditure And Forecasts

* Computer Hardware Sales: CZK28.00bn in 2014 to CZK28.71bn in 2015, an increase of 2.6% in local currency terms. Stronger consumer demand will offset a slowdown in enterprise sales after the bump in demand in 2014 when the withdrawal of Microsoft support for XP boosted enterprise upgrades.
* Software Sales: CZK16.86bn in 2014 to CZK17.70bn in 2015, an increase of 4.9% in local currency terms. Enterprise software demand growth, particularly in software-as-a-service sales to small- and medium-sized enterprises (SMEs), the main growth driver, but cybersecurity software spending will also see strong growth.
* IT Services Sales: CZK27.27bn in 2014 to CZK28.51bn in 2015, a local currency increase of 4.5%. The tender of several high value public sector contracts should support a higher growth rate than 2012-2014 when fiscal austerity and contract audit squeezed spending.

Key Trends And Developments

The smart services market is only expected to make a significant contribution to overall IT market spending growth in the latter years of our forecast, but in the short-to-medium term vendors will need to position themselves to capture the gains...

The Czech Republic Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Czech Republic Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Czech Republic.

Key Benefits

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