Lebanon Information Technology Report 2016 - New Market Report
The Lebanese IT market, like the wider economy, underperformed its potential 2013-2015 as a result of domestic political inertia and regional security risks - and we expect this will continue to be the case in 2016. We do however have a more bullish outlook for the IT market from 2017, and forecast a local currency spending growth CAGR of 9.7% for 2016-2019, with total spending of LBP819.5bn expected in 2019. Our core scenario envisages income growth, improvements to telecommunications infrastructure,...
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