Kuwait Information Technology Report Q4 2016

Date: September 21, 2016
Pages: 61
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: K9741C6B598EN

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Includes 3 FREE quarterly updates

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 segment will still be lucrative for vendors, but in terms of growth it is software and services that will take centre stage as there is upside from the lower oil price acting as a catalyst for diversification and investments in cost-saving and flexibilityenhancing IT solutions. We forecast total IT spending will increase at a CAGR of 2.5% over 2016-2020 to KWD359.1mn in 2020.

Latest Updates And Developments
  • Hardware: from KWD157.9mn in 2016 to KWD161.2mn in 2020, a compound annual growth rate (CAGR) of 0.5%. PC market saturation and competition from smartphones for tablet sales means the segment is forecast to be virtually flat over the medium term.
  • Software: from KWD58.7mn in 2016 to KWD66.3mn in 2020, at a CAGR of 3.1%. The market is small due to oil dominating Kuwait's economy, but pressure to modernise and diversify should create new opportunities across several verticals.
  • Services: from KWD108.3mn in 2016 to KWD131.6mn in 2020, at a CAGR of 5.0%. Cloud computing adoption a broad support, while the 'smart mining' trend should be a boost for services spending by the largest vertical in the Kuwaiti economy.
BMI Industry View
Latest Updates And Developments
Industry Forecast
Latest Updates
Structural Trends
  Table: Enterprise Trends - GVA By Vertical (Kuwait 2015-2020)
  Table: IT Industry - Historical Data And Forecasts (Kuwait 2013-2020)
Industry Risk Reward Index
  Table: Middle East And Africa IT Risk/Reward Index, Q4 2016
Market Overview
Recent Developments
Cloud Computing
IT Services
Industry Trends And Developments
IT Hardware Trade
  Table: Middle East IT Hardware Trade, 2009-2014
  Table: Kuwait IT Hardware Trade, 2010-2015
IT Industry Analysis
Regulatory Development
  Table: IT Regulatory Authorities
Competitive Landscape
IT Vendors - EMEA, 2015
  Table: Computer Hardware
  Table: Software
  Table: Cloud
  Table: IT Services
  Table: Selected Electronics Retailers
  Table: Selected E-Commerce Retailers
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
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