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Research and Markets: Argentina IT Market 2015-2019 with Cisco, HP, IBM, Oracle, Sofrecom & Teletech Holdings DominatingResearch and Markets (http://www.researchandmarkets.com/research/4d6lfg/it_market_in) has announced the addition of the "IT Market in Argentina 2015-2019" report to their offering. The analysts forecast the IT market in Argentina to grow at a CAGR of 10.3% over the period 2014-2019 IT can be defined as an integrated platform comprising hardware, software, and services that help organizations store, process, transmit, and retrieve information. The IT department of an organization is responsible for all IT-related services, software, and solutions that integrate and streamline various processes to facilitate smooth functioning of the organization. This helps organizations align business processes ith various technologies and improve overall efficiency. One major trend in this market is increased investment in smartphone applications. Numerous SMEs and start-ups dedicated to various sets of strategies for digital marketing are creating smartphone applications to target the youth population, as mobile internet usage has increased significantly in Argentina. According to the report, a favorable economy is attracting a large number of MNCs that are seeking to invest and expand their operations in Argentina. Argentina has advanced telecommunications systems and has high rates of broadband penetration in LATAM. This has provided local companies with access to technological platforms that allow them to participate on a global level in the IT industry. Further, the report states that a high rate of inflation is one of the major challenges in the market. Argentina is at high risk of currency devaluation, which leads to low spending on hardware by consumers. The country can improve its outsourcing services, but the overall economy is still expected to be affected by a high rate of inflation, which may curtail foreign investment in the IT market in Argentina. The IT market in Argentina can be divided into three segments:
Key Vendors For more information visit http://www.researchandmarkets.com/research/4d6lfg/it_market_in |
