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Mideast IT spending to top $32bn in 2013: IDC
- Middle East: Wednesday, February 13 - 2013 at 03:07
IDC has said that Middle East IT spending this year is forecast to exceed $32bn, the majority of which will go to software and services, Khaleej Times has reported. Saudia Arabia is expected to be the largest spender in the region with $10bn in 2013, followed by the UAE with more than $7bn IT spending, and Egypt with $3bn, said IDC's vice-president and regional managing director for the Middle East, Africa, and Turkey, Jyoti Lalchandani. "We believe software and services spending in 2013 will be about 28% of the total spending and that number will be roughly 33% in 2016," Lalchandani told the daily.
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