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IDC: It will take 2-3 years for Romanian IT to return to its 2008 level

Publicat la 02.12.2009, 22:00:00

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IDC: It will take 2-3 years for Romanian IT to return to its 2008 level

“The hardware segment will register the slowest growth pace, as expenses with these products are estimated to reach their 2008 level towards the end of 2012 and the beginning of 2013. In the coming five years, IDC’s forecast period, the Romanian IT market is expected to grow by an annual average 5.7 percent, registering a value of $3.6 billion at the end of the forecast period,” Laurentiu Popescu, Country Manager of IDC Romania, told Business Standard.

At the end of the forecast period, the entire IT&C market, including expenses with telecommunication services, will amount to $9.6 bln, according to IDC, which represents an annual growth rate of some 5.2 percent.

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