IT Market in Czech Republic Facing the Impact of Global Economic Downturn, says New Report

PRLog (Press Release) – Mar 31, 2009 – Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report analysing the IT market in Czech Republic.

The report “IT Market in Czech Republic”, available at  http://www.reportbuyer.com/go/INF00530 forecasts the overall IT market in the country over the period 2007-2010.

The 24-page report shows that the overall IT market in Czech Republic is matured but is facing the impact of the global economic downturn. The Government's IT investment policies along with funds from EU are the major growth drivers for the IT market in Czech Republic.

Furthermore hardware being the heart of the growth, penetration level of PC and notebooks has increased significantly during the period 2007-08 and is expected to continue in future also. S

Software and IT services are the other two segments, where moderate growth is expected. Although the telecom market is matured, introduction of new 3G technology, Wi-Max is expected to open new avenues for the telecom operators.

This report can help IT vendors identify focus technologies and verticals. Further, the key market trends can help to understand latest market dynamics.

The report “IT Market in Czech Republic” is available from Report Buyer at:
http://www.reportbuyer.com/computing_electronics/country ...

Report Buyer product ID: INF00530