SOURCE: MarketResearch.com

MarketResearch.com

August 31, 2011 08:08 ET

Middle East and Africa System Integration (SI) Services Market to Grow 9% Annually Through 2016

ROCKVILLE, MD--(Marketwire - Aug 31, 2011) - MarketResearch.com has announced the addition of the new report "Middle East and Africa (MEA) System Integration (SI) Services Market Analysis and Forecast (2011-2016)," to their collection of IT Services market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6444034

The MEA SI Services market is expected to grow from $6.30 billion in 2010 to $10.34 billion in 2016, registering a CAGR of 8.87% from 2011 to 2016. The factors driving the overall market include government investments and advancements in technology, while factors such as lack of infrastructure and technical integration challenges continue to be the bottlenecks for system integration services market in the MEA region.

MarketsandMarkets have segmented the MEA SI Services market as follows: Overall IT services are categorized into managed and professional IT services. Professional IT services include Services Integration (SI) and Consulting services. SI services also include Application Integration, and Infrastructure Integration services.

Middle East is leading the MEA region in terms of absolute dollar value of system integration services; whereas Africa is leading the market in terms of compounded annual growth rate of the same. Amongst several industries, BFSI is leading due to the growth of e-Banking, thereby triggering higher demand for system integration services.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6444034

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