Demand for IT Consulting Services in Iran Growing at 10% CAGR: TechSci Researchby David Johnson Top Market Research Company in US
Removal of trade restrictions and rising popularity of cloud computing in Iran, coupled with favorable government initiatives and increasing number of incubators and IT parks to drive Iran IT services market through 2022
According to TechSci Research report, “Iran IT Services Market By Type, By Region, Competition Forecast & Opportunities, 2012-2022’’, Iran IT services market is witnessing a revival after the country’s nuclear deal with the US and and other P5 countries that include China, France, Germany, Russia and the UK. This deal has resulted in resolution of trade sanctions on Iran, thereby creating potential growth opportunities in Iran IT services market. In 2013, the US had removed the sanction on Iran, that restricted export of consumer electronics devices, including computers, smartphones, etc., communication services and software to Iran. Additionally, increasing efforts by the Government of Iran to increase the contribution of its Information, Technology & Communication (ICT) sector to the country’s GDP, under its 6th National Development Plan (2016-2021), is expected to have a huge positive impact on the IT services market in Iran.
Browse 24 market data Figures and Tables spread through 73 Pages and an in-depth TOC on "Iran IT Services Market"
Iran IT services market is broadly segmented into IT Captive Management Services, IT Telecom (Application Software Services), IT Infrastructure Services, and IT Product Development Services. IT Captive Management Services had dominated Iran IT services market in 2016 and the segment is expected to continue its market dominance during the forecast period as well on account of rising government focus on ICT sector and growing demand for software development services, IT support services, IT consulting services, etc.
Among regions, Tehran accounted for the largest revenue share in 2016, owing to the presence of leading IT service providers, growing demand for Enterprise Resource Planning (ERP), Customer relationship management (CRM), etc., and rising acceptance of cloud computing across the region. Data Processing Iran (DPI) Co., System Group Co., and Iran Argham Corporation are some of the major companies operating in Iran IT services market.
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“Increasing smartphone and internet penetration is enabling Iranian IT companies to digitalize their business processes, thereby creating an opportunity for IT service providers to offer their services to companies across different business verticals. In addition, rising popularity of web services and software solutions is further encouraging the use of IT services, thereby driving the country’s IT services market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Iran IT Services Market By Type, By Region, Competition Forecast & Opportunities, 2012-2022’’ has evaluated the future growth potential of Iran IT services market and provides statistics and information on market size, structure and future market growth. The report offers decision makers superior market intelligence, thereby enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market trends along with drivers, challenges and opportunities in Iran IT services market.
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Created on Dec 13th 2017 03:03. Viewed 964 times.