"Israel Information Technology Report Q4 2015" is now available at Fast Market Research

We revised our estimate for Israel's IT market size in 2014 in the Q4 15 update, in addition to making a small downward revision to the growth outlook. The new forecast better reflects the maturity of the Israeli IT market, including a greater share for IT services spending and the reduced growth prospects offered by Israel's mature IT hardware market. Growth rates will underperform emerging markets in the Middle East 2015-2019, but Israel will continue to be a lucrative market in per capita spending terms. Israel also sits at the technological frontier with a vibrant ICT start-up community and highly skilled tech workers , which have continued to attract high levels of investm ent in 2015 following a record- breaking year in 2014 . We expect this trend to continue, as global IT firms look to leverage innovative solutions emerging from Israel's start-up ecosystem to accelerate their transition towards high-growth software and services such as cloud computing and big data analytics.

Full Report Details at
- http://www.fastmr.com/prod/1038273_israel_information_technology.aspx?afid=302

Headline Expenditure Projections

Computer Hardware Sales: Forecast to reach ILS6.3bn in 2015, up from ILS6.2bn in 2014. Spending forecast to grow in local currency terms, but contract by 6% in US dollar terms due to depreciation as a result of deferred purchases and substitution for cheaper devices in the retail market.

Software Sales: ILS5.9bn in 2015, up from ILS5.5bn in 2014. Enterprise software spending will be the main growth driver as device and data proliferation will result in increased spending on customer relationship management, databases and business intelligence.

IT Services Sales: We expect IT services sales will continue to outperform the rest of the IT market, reaching ILS10.8bn in 2015, up from ILS10.1bn in 2014. Cloud computing adoption gaining momentum, while cybersecurity services are expected to outperform, with stable sectors such as government and defence that will continue to account for the majority of spending.

The Israel 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 Israel 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 Israel.

Key Benefits

* Benchmark BMI's independent IT Industry forecasts for Israel

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