Kuwait Information Technology Report Q2 2016

Date: March 9, 2016
Pages: 63
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: K8AA07F9468EN

Download PDF Leaflet

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 software and services expected to outperform. Although the hardware segment has the weakest outlook, and is expected to contract slightly over the medium term, it will nonetheless remain highly lucrative due to the large premium segment. Meanwhile, software and services have a brighter outlook as the low oil price acts as a catalyst for diversification and investments in cost-saving and flexibility-enhancing IT solutions.

Latest Updates And Developments
  • Hardware: Sales in Kuwait will decrease from KWD154.0mn in 2016 to KWD151.0mn in 2020, recording a compound annual growth rate (CAGR) of -0.6%. Weak consumption outlook in a saturated market will result in mild contraction of retail hardware spending.
  • Software: Spending is forecast to increase from KWD57.0mn in 2016 to KWD62.0mn in 2020, at a CAGR of 2.0%. Weak economic sentiment a drag on spending growth, but this will be offset by modernisation initiatives as enterprises look to cut costs.
  • Services: Spending is forecast to increase from KWD106.0mn in 2016 to KWD123.0mn in 2020, at a CAGR of 3.9%. The cost savings and increased flexibility offered by services such as cloud computing and outsourcing will support IT services outperformance in an environment of elevated economic uncertainty.
BMI Industry View
Latest Updates And Developments
Industry Forecast
Latest Updates
Structural Trends
  Table: IT Industry - Historical Data And Forecasts (Kuwait 2013-2020)
Industry Risk Reward Index
Middle East And Africa Risk/Reward Index
  Table: IT RRI Scores By Region
  Table: MEA IT Risk/Reward Index - Q216
Market Overview
Recent Developments
Cloud Computing
IT Services
Industry Trends And Developments
Regulatory Development
  Table: IT Regulatory Authorities
Competitive Landscape
  Table: Alghanim Industries
  Table: Almasa Holdings
  Table: Axiom Telecom
  Table: Redington Kuwait
  Table: Dell
  Table: Toshiba
Regional Overview
Demographic Forecast
  Table: Population Headline Indicators (Kuwait 1990-2025)
  Table: Key Population Ratios (Kuwait 1990-2025)
  Table: Urban/Rural Population & Life Expectancy (Kuwait 1990-2025)
  Table: Population By Age Group (Kuwait 1990-2025)
  Table: Population By Age Group % (Kuwait 1990-2025)
Industry Forecast Methodology
Risk/Reward Index Methodology
  Table: IT Risk/Reward Index Indicators
  Table: Weighting Of Components
Skip to top

Ask Your Question

Kuwait Information Technology Report Q2 2016
Company name*:
Contact person*:
Request invoice
Your enquiry:
Please click on a Check Box below to confirm you are not a robot: