"Argentina Information Technology Report Q1 2015" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Wed Dec 10 2014

Thee conomic crisis in 2014 had a major disruptive impact on the Argentine IT market , with the devaluation of the peso, import restrictions, skyrocketing inflation, capital controls, shortage of credit and government debt default all contributing to a recession . We estimate the IT market expanded in local currency terms, but declined by over 20% in US dollar terms. However, the outlook is for a gradual improvement in the economic environment, which will support IT market growth, and deferred purchases from 2014 should push growth higher once confidence returns. Meanwhile, the impact of economic crisis was not wholly negative, with devaluation help ing to make IT exports abroad more competitive and boosting industry development . There are also positive fundamentals for medium term growth including increases in PC penetration, second device ownership, enterprise software penetration and cloud computing are examples of sectors that have growth opportunities.

Full Report Details at
- http://www.fastmr.com/prod/912244_argentina_information_technology_report_q1_2015.aspx?afid=302

Headline Expenditure Projections

Computer Hardware Sales: ARS20.8bn in 2014 to ARS24.3bn in 2015, +16.7% in local currency. Real terms spending growth expected to return in 2015 as the economy stabilises and confidence levels return, with tablet and notebook sales expected to outperform.

Software Sales: ARS6.5bn in 2014 to ARS7.9bn in 2015, up 222.2% in local currency terms. Small- and medium-sized enterprise (SME) demand for software and strong potential in enterprise resource planning (ERP) applications should maintain growth despite macroeconomic challenges.

IT Services Sales: ARS17.4bn in 2014 to ARS21.6bn in 2015. IT services spending growth expected to outperform as adoption rates for outsourcing and cloud computing increase in 2015 and over the medium term.

Key Trends And Developments

The economic crisis in 2014 proved disruptive to IT market growth, as would be expected given the scale of devaluation, inflation and capital controls. One specific development was the...

The Argentina 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 Argentina 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 Argentina.

Key Benefits

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