|By PR Newswire||
|April 10, 2014 01:22 PM EDT||
DUBLIN, Apr. 10, 2014 /PRNewswire/ --
Research and Markets
) has announced the addition of the
report to their offering.
The analysts forecast the IT market in the Benelux region to grow at a CAGR of 3.24 percent over the period 2012-2016. One of the key factors contributing to this market growth is the widespread adoption of mobile devices in workplaces. The IT market in the Benelux region has also been witnessing increasing demand for analytics and business intelligence solutions. However, the lack of resources to finance initial investment for IT systems could pose a challenge to the growth of this market.
The report, the IT Market in the Benelux Region Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in three Benelux countries, namely Belgium, Netherlands, and Luxembourg; it also covers its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The huge amount of data generated by the cloud, social media, and mobiles causes problems for data management, but it also provides ample opportunities for better BI and analytics solutions. Older BI tools such as Excel spreadsheets are no longer able to tackle the huge amount of data generated each day, and hence organizations are adopting newer technologies such as BI and analytics solutions to deal with the data.
BI solutions help process the data of various departments such as finance, marketing, sales, and human resources to enable better decision making. To gain a competitive edge in the market, organizations are increasingly adopting BI and strong business analytics solutions. Though BI was earlier thought to be an enterprise tool, SMEs in Benelux are now realizing the potential of using such technologies to gain market knowledge and make smarter decisions. The increasing demand for such technologies will also increase the demand for a skilled workforce.
According to the report, there are a number of factors that act as growth drivers to the IT market in Benelux. One of the most important factors is the widespread adoption of mobile devices in workplaces. Employees working in various organizations are carrying their own mobile devices such as smartphones and tablets to their workplace and connecting them to their company's network. These devices also facilitate remote access to data and help employees remain productive at all times even when they are not at their workstations. The increasing number of devices used with company networks is increasing the need for IT systems and services, thus driving the growth of the market.
Further, the report states that despite the presence of many growth drivers, the growth of the IT market in Benelux is curtailed by some serious challenges. One such challenge is the high cost of buying and implementing IT systems. Most businesses in Benelux are presently facing resource constraints, and hence any substantial expenditure is a matter of concern for them. The economic scenario in Benelux has not yet recovered after the economic recession, and hence businesses are cautious about spending large amounts of money on building their IT infrastructure.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
4. Market Research Methodology
5. Scope of the Report
6. Market Environment
7. Market Landscape
8. IT Market in Netherlands
9. IT Market in Belgium
10. IT Market in Luxembourg
11. Vendor Landscape
12. Buying Criteria
13. Market Growth Drivers
14. Drivers and their Impact
15. Market Challenges
16. Impact of Drivers and Challenges
17. Market Trends
18. Key Vendor Analysis
19. Other Reports in this Series
- Dell Inc.
- Hewlett-Packard Co.
- IBM Corp.
- Microsoft Corp.
- Cisco Systems Inc.
- Fujitsu Technology Solutions
- Lenovo Group Ltd.
- Oracle Corp.
- Koninklijke Philips N.V.
- SAP AG
- Toshiba Corp.
For more information visit http://www.researchandmarkets.com/research/kzcdw8/it_market_in
Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets
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