New Market Report Now Available: Argentina Information Technology Report Q1 2013

Fast Market Research recommends "Argentina Information Technology Report Q1 2013" from Business Monitor International, now available

by Bill Thompson

(WireNews+Co) - Boston, MA - 07 January 2013

BMI has warned of the risk of a substantial currency devaluation, which would have an impact on the affordability of IT products and services. However, there will still be opportunities. As well as growing interest in cloud computing, the second largest IT market in the region has strong growth fundamentals, including rising PC penetration, rising incomes and a high-tech-focused national development plan. The government's computers for school programme will also continue to provide a boost, with 1.15mn netbooks to be procured in the third phase in 2012. However, government measures to support the domestic IT industry, such as the luxury goods tax on imported goods, have a strong influence on the market.

View Full Report Details and Table of Contents (http://www.fastmr.com/prod/523849_argentina_information_technology_report_q1_2013.aspx) (http://www.fastmr.com/prod/523849_argentina_information_technology_report_q1_2013.aspx)

Headline Expenditure Projections

Computer hardware sales: US$2.46bn in 2012 to US$2.50bn in 2013, +2% in US dollar terms. Forecast in US dollar terms downwardly revised due to macroeconomic factors and analyst modification as domestic PC production continues to increase.

Software sales: US$570mn in 2012 to US$600mn in 2013, +5% in US dollar terms. Forecast in US dollar terms downwardly revised due to analyst modification, but small and medium-sized enterprise (SME) demand for enterprise resource planning (ERP) applications should continue to grow, particularly in relatively untapped provincial areas.

IT services sales: US$1.8bn in 2012 to US$1.9bn in 2013, +7% in US dollar terms. Forecast in US dollar terms downwardly revised due to macroeconomic factors and analyst modification, but IT services revenue is expected to grow faster than the market as a whole, with organisations looking for help to utilise cloud computing.

Risks/Rewards Rating: Argentina's score was 54.2 out of 100.0. Argentina ranks sixth in the Americas region in our latest RRR table, slightly ahead of Peru, but behind its regional peers Chile and Brazil. Despite the country's high country structure score, Argentina's relatively small IT market and correspondingly low IT market score influenced its ranking.

Key Trends & Developments

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