DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/3f54b2/argentina_informat) has announced the addition of the "Argentina Information Technology Report Q3 2011" report to their offering.
Argentina's IT spending is forecast by BMI to grow at a CAGR of 15% over the 2011-2015 period, consolidating the PC market recovery in 2010. The IT market is expected to grow by around 12% in 2011, faster than domestic GDP growth. Government tenders are set to be a major driver of projects this year, ahead of elections in October, after which the spending could dry up.
The Argentine IT market is the second largest in Latin America. Per capita IT spend is seen as rising from US$108 in 2011 to US$189 in 2015. The addressable market is dominated by the capital Buenos Aires, which accounts for 26% of household appliance sales, including computer hardware.
New cloud computing offerings and increased competition in this segment should fuel further demand from end-users to utilise this technology. Educational tenders will be another area of opportunity, with a tender to deliver 3mn PCs to public schools announced in April. Key prospects for enterprise resource planning (ERP) implementations and systems upgrades will include companies focused on regional expansion and export-oriented industries.
In 2011, the government is introducing new regulatory compliance laws for electronic invoicing. The new requirements, due to take effect for some industries on April 1, follow major changes that took effect in 2010, regulating electronic invoicing for Type E export invoices. The new regulations will now extend the requirement to domestic (Type A and Type B) invoices.
Also in 2011, a number of IT tenders at both federal and provincial level are expected to be bid on ahead of October's presidential elections. Federal government agencies such as the justice ministry are expected to issue tenders, while local governments including Cordoba and Santa Fe are also calling tenders, as they look to update their computing resources.
The 2010 announcement of the government tender for 3mn notebooks computers for schools again raised questions about the domestic computer industry's production capacity. The government has ruled that half of the PCs must be manufactured in Argentina, which over three years would add at least another 500,000 computers to annual production.
Read more inside Argentina Information Technology Report Q3 2011
Companies Mentioned:
- Microsoft
- Dell Argentina
- Sicsa
For more information visit http://www.researchandmarkets.com/research/3f54b2/argentina_informat