Market Report, "Slovenia Information Technology Report Q4 2014", published
Recently published research from Business Monitor International, "Slovenia Information Technology Report Q4 2014", is now available at Fast Market Research
[USPRwire, Mon Sep 01 2014] The development of theSlovenian IT marketwas stymied in 2012 and 2013 by the challenging economic environment- and we downgraded our forecast for 2014 as a result of ongoing economic uncertainties. Despite the major challenges faced in recent years the IT market has performed relatively well, and asconfidence returns there will be opportunities for vendors .Privatisations by the government, the wider trend of modernisation of enterprises and public administrationunderpin our forecast fora CAGR of 3.0% between 2014 and 2018. Enterprise spending growth will be the strongest area of the market, especially newer technologies such as cloud computing, but we also highlight opportunitiesin the retail market. Tablet penetration is low, at just 13.8% in 2013, indicating significant growth potential remains in the market.
Full Report Details at
Headline Expenditure Projections
Computer Hardware Sales: EUR339mn in 2013 to EUR340mn in 2014, an increase of 0.3% in local currency terms. A weaker consumption outlook resulted in a downward revision to our forecast for retail spending, but tablets should remain a bright spot.
Software Sales: EUR134mn in 2013 to EUR137mn in 2014, an increase of 2.6% in local currency. We expect SME spending on software will grow rapidly through government promoted modernisation initiatives over the medium term.
IT Services Sales: EUR199mn in 2013 to EUR210mn in 2014, an increase of 5.6% in local currency terms. The IT services market will outperform in 2014, based on the demand for cost cutting products such as cloud computing and outsourcing in an environment of low enterprise confidence.
Key Trends & Developments
* BMI's Country Risk team downgraded the outlook for Slovenian economic performance in the Q4 update, particularly the consumption outlook. This resulted in a downgrade to our forecast for IT market growth, particularly the PC market. However, we maintain a positive outlook for PC spending, with unit growth...
The Slovenia 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 Slovenia 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 Slovenia.
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