Trade Resources Company News Middle East and Africa Is Forecast to Reach $3.47 Billion,a 4.1 Percent Increase From 2013

Middle East and Africa Is Forecast to Reach $3.47 Billion,a 4.1 Percent Increase From 2013

IT infrastructure spending, comprising storage, server, and enterprise networking equipment, in the Middle East and Africa is forecast to reach $3.47 billion, a 4.1 percent increase from 2013, according to Gartner.

Gartner says IT infrastructure spend in the region will be driven by data centre modernisation efforts, coupled with new data centre build out, by local, as well as international companies.

Server is the biggest component of this infrastructure market, accounting for US $1.3 billion in 2014, and is expected to reach US $1.54 billion in 2017.

“CIOs in the Gulf are beginning to prepare their enterprises to stay relevant in the digital business era, and they will continue to invest in technologies such as mobility, cloud, social media and analytics,” said Mary Mesaglio, Research Vice President, Gartner. “In 2014, we expect a lot of digital business and innovation to be driven by the convergence of these forces in the Gulf.”

“Private cloud, security and mobility are key drivers for the infrastructure spend in the Gulf region”, said Naveen Mishra, Research Director, Gartner. “The mid-market in the Gulf is expected to fuel infrastructure spending, primarily by focusing on virtualization and the public cloud.”

Source: http://www.cnmeonline.com/news/gartner-mea-infrastructure-spend-to-hit-3-4-billion/
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Gartner: MEA Infrastructure Spend to Hit $3.4 Billion