Romania Information Technology Report Q4 2014
Headline Expenditure Projections
Key Trends And Developments
- Computer hardware sales: RON2.8bn in 2013 to RON2.9bn in 2014, +8.1% in local currency terms. A return to growth for desktop and notebook sales will supplement strong growth in tablet volumes in 2014.
- Software sales: RON1.1bn in 2013 to RON1.2bn in 2014, +10.6% in local currency terms. Piracy continues to hold back growth rates, but there will be a boost to software spending due to OS upgrades following the withdrawal of support for XP in April 2014.
- IT Services Sales: RON1.2bn in 2013 to RON1.3bn in 2014, +10.0% in local currency terms. Romania is already a popular destination for outsourcing and multinational firms continued to invest in facilities in 2014.
The provision of financing for ICT initiatives by the Romanian government and the European Union, has been important in driving the development of IT market development in recent years. BMI expects this trend to remain in place over the medium term after the Ministry for Information Society published an updated version of the Digital Agenda for Romania 2014-2020 in July 2014. The updated document includes a projection for a total of EUR2.4bn of ICT investments, which is expected to translate into 13% GDP...
The Romania Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.
BMI's Romania Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Romania.
- Benchmark BMI's independent IT Industry forecasts for Romania to test other views - a key input for successful budgetary and strategic business planning in the Romanian IT market.
- Target business opportunities and risks in Romania's IT sector through our reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Romania.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).
BMI Industry View
Summary of BMI's key industry forecasts, views and trend analysis covering IT, regulatory changes, major investments and projects and significant national and multinational company developments.
Cross-border analysis of regional markets, commenting on IT penetration (PC and internet) and market growth drivers (IT market size and IT market compound growth).
Country Market Overview
Structure, size and value of the industry sectors including hardware, software and services; overview of the industry landscape and key players; assessment of the business operating environment and the latest regulatory developments and government authority.
BMI Industry Forecasts
Historic data series and forecasts to end-2018 for all key industry indicators (see list below), supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:
IT Sector: IT industry value (US$bn); IT sector contribution to GDP (%); value of hardware, software and services industry (US$mn); PC, peripherals and software imports and exports (US$mn); PC, peripherals and software sales (US$mn); number of PCs (`000); PCs/100 inhabitants; internet users (`000); internet users per 100 inhabitants; broadband subscribers (`000); broadband subscribers per 100 inhabitants.
Economy: Economic growth (%); nominal GDP (US$bn); unemployment (%); interest rates (%); exchange rate (against US$).
BMI Macroeconomic Forecast
BMI forecasts for all headline macroeconomic indicators to end-2018 including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.
Full analysis of the competitive landscape within the hardware, software and services sectors.
Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI's industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.
the Romania IT market is forecast outperform the majority of its peers as a result of a strong economic recovery and its position as a regional centre for skilled IT professionals. We forecast total IT market spending will increase to RON 5.4 bn in 2014, growth of 9.1% in local currency terms from 2013. Over the medium term i ncome growth will support the retail hardware market , while improvements to telecommunications infrastructure is forecast to accelerate the development of Romania as an outsourcing and cloud computing market. However, r egional economic and security instability could derail this bullish outlook, but the wider region could also drive the market to a higher growth trajectory.
BMI Industry View
Table: IT Industry - Historical Data And Forecasts (Romania 2011-2018)
Table: Telecoms Sector - Wireline - Historical Data & Forecasts (Romania 2011-2018)
Table: Romania - Economic Activity
Industry Risk Reward Ratings
Table: Europe IT Risk/Reward Ratings, Q314
Table: Outsourcing Centres In Romania
Industry Trends And Developments
Table: IT Regulatory Authorities
Table: SOFTWIN Group
IT Regional Market Overview - Europe, Q314
Table: Romania's Population By Age Group, 1990-2020 ('000)
Table: Romania's Population By Age Group, 1990-2020 (% of total)
Table: Romania's Key Population Ratios, 1990-2020
Table: Romania's Rural And Urban Population, 1990-2020
Industry Forecast Methodology
Risk/Reward Ratings Methodology
Table: It Risk/Reward Ratings Indicators
Table: Weighting Of Components
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