DUBLIN, Ireland, April 15, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/l6zms8/it_market_in) has announced the addition of the "Concise Analysis of the IT Market in Lebanon" report to their offering. 
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The analysts forecast the IT market in Lebanon to grow at a CAGR of 8.8 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing support received from the Lebanese government. The IT market in Lebanon has also been witnessing the increasing adoption of internet in the country. However, the increasing piracy issues faced by the Software segment could pose a challenge to the growth of this market. 

The report, Concise Analysis of the IT Market in Lebanon, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the IT market in Lebanon and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Cloud computing is a technology that is used for maintaining data and applications with the help of central remote servers. It enables consumers and businesses to use applications without installation and access their personal files from any computer. The benefits of cloud computing include the pay-per-use model, reduced spending on technology infrastructure, and reduced licensing fees for new software packages.

In Lebanon, many sectors have started using cloud services as they do not want to invest much in IT infrastructure such as hardware and software. In addition, organizations would like to take advantage of paying per use. Organizations will also require a fewer number of people to manage their IT environment.

According to the report, one of the major drivers is the increase in government support for improving the IT infrastructure of the country. The government has introduced a number of initiatives that are positively impacting the IT market in Lebanon. For instance, the government has increased its spending on internal infrastructure such as data centers and fixed wireless deployments such as Wi-Fi, WiMAX, and broadband networks.

Further, the report states that one of the major challenges is that the Software segment is witnessing extensive piracy and it is hence undergoing heavy losses. According to the Business Software Alliance, a non-profit trade association created to improve the goals of the Software segment, this segment is facing a huge loss.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. 

Key Topics Covered: 

1. Executive Summary

2. List of Abbreviations

3. Introduction

4. Market Research Methodology

5. Scope of the Report

6. Market Landscape

7. Market by Category Segmentation

8. IT Hardware Market in Lebanon

9. IT Services Market in Lebanon

10. IT Software Market in Lebanon

11. City-wise Segmentation

12. End-user Segmentation

13. Vendor Landscape

14. Buying Criteria

15. Market Growth Drivers

16. Drivers and their Impact

17. Market Challenges

18. Impact of Drivers and Challenges

19. Market Trends

20. Key Vendor Analysis

21. Other Reports in this Series


Companies Mentioned:

• Check Solutions
• Clever Service
• Computec Ltd.
• Computer Business Machines
• Easysoft
• Global Technology Solutions
• Grapes Technologies
• Hewlett-Packard Co.
• IBM Corp.
• Impact Media Solutions
• Integrated Digital Systems
• Intellisoft
• Microsoft Corp.
• Mindfield
• Oracle Corp.
• Profiles Software
• Roxana
• SoftSTM
• Softimpact
• Software Design Consulting Group
• Zeustech Solutions Pvt. Ltd.
• ZuluApps.

For more information visit http://www.researchandmarkets.com/research/l6zms8/it_market_in

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets