The Information Technology Market in Lebanon: Strengths, Weaknesses and Prospects

“IT-literate, linguistically-skilled and cosmopolitan”. This is how Business Monitor International (BMI) described the Lebanese workforce in its latest “Information Technology Report”. This same workforce and Lebanon’s strategic position as a regional hub are the main pillars of strength for the Lebanese IT market. Sharing BMI’s views on the market’s drivers, challenges and future prospects offers a solid road map for nurturing its strengths.

Business Monitor International (BMI) maintained a bullish view on the Lebanese IT market despite the ongoing civil war in neighboring Syria. The size of the IT market is forecast to reach $394.96M in 2014 a 7.4% growth compared to a slower 5.1% recorded in 2013. BMI forecasts a compounded annual growth rate (CAGR) of 9.5% in the period 2014-2017, inflating the size of the market to $529.35M in 2017…

For the full report click on the link below:

2014-11 The Information Technology Market in Lebanon

Leave a Reply

Your email address will not be published. Required fields are marked *