Intelligent CIO Middle East Issue 01 | Page 10

NEWS QATAR Qatar’s computer hardware sales to reach QR4bn by 2019 Computer hardware sales in Qatar are expected to reach QR4bn in Qatar by 2019, registering a 5.2% compounded annual growth rate (CAGR) since 2014, BMI Research has said in a report. Market saturation means there will not be explosive growth, with even the tablet market mature by 2015, but a combination of strong consumption growth and underlying population growth will sustain steady medium-term growth in spending, it said. According to BMI Research, the country’s software sales will scale up to QR828mn by 2019 with a 8.6% CAGR since 2014. “The dominance of oil and gas in the local economy limits the size of the software market, but scope remains for growth in the enterprise market over the medium term through the modernisation and diversification initiatives of the government,” BMI Research said. IT services sales, the report said, might exceed QR2bn by 2019, following a CAGR of 11.6% since 2014. Qatar ranked first in MENA Internet usage Qatar was ranked first worldwide on the indicator measuring the percentage of individuals using Internet in the developing countries in 2014 (91.5%) and first among Arab countries and second globally on the indicator measuring the percentage of households with Internet (98%), according to the 2015 edition of the State of Broadband report. Qatar also came first among all Arab countries and 12th worldwide on the indicator that measures the percentage of individuals using Internet in 2014 (91.5%) followed by Bahrain (91%) and UAE (90.4%), said the Ministry of Information and Communications Technology (ictQATAR) in a press release. In the same report, released yesterday in New York by the UN Broadband Commission for Digital Development, Qatar ranked 15th at the world level on the indicator that measures the active mobile broadband subscriptions per 100 inhabitants. 10 INTELLIGENTCIO www.intelligentcio.com