Dubai: The UAE IT spending is expected to grow by around four per cent this year, driven only by software and services, an industry expert said.
Jyoti Lalchandani, vice-president and regional managing director for the Middle East, Africa and Turkey at IDC, said that the UAE market is now reaching a “level of maturity” where they got infrastructure, installed base and companies are spending more to get rid of day-to-day management.
In Saudi Arabia, he said that IDC is seeing a slowdown in public sector investments, and they are going to be the hardest hit as they are not a “diversified economy” as the UAE.
“Kuwait and Bahrain will slow down and they have also announced it. Qatar will grow slightly faster than the UAE as they have committed to long-term infrastructure projects and they cannot afford to stop in the middle of 2016,” Lalchandani said.
