Research firm cuts IT sales forecast for region

Dubai: IDC has made dramatic changes to its forecast for the overall IT market, especially the hardware sector, which is the worst-hit segment. "In the past five years, the Gulf region had tremendous growth in PC market. In certain markets PCs were growing more than 100 per cent year-on-year in terms of notebooks adoption. The key trends in the past few years were vendors were very aggressive and companies replacing desktops with notebooks and a very strong consumer demand due to the strong intake by SMBs," said Omar Shihab, Research Manager, PCs and Systems, IDC Middle East and Africa. He said that in the past five years, companies were investing heavily on building hardware infrastructure. Now we see them shifting. We are not going to see the same growth in hardware infrastructure like before in the next five years. Once we... [read full story]                    

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