Now Available: Qatar Information Technology Report Q4 2014
October 24, 2014 at 10:02 AM EDT
Boston, MA -- (SBWIRE) -- 10/24/2014 -- Although Qatar's small population limits growth opportunities in the IT market, it is nevertheless supported by high private consumption levels and strong government support for the ICT sector. ICT has been a major beneficiary of government policies to diversify Qatar's economy away from hydrocarbons, notably through ictQATAR's ICT-2015 strategy and the government's push to build smart cities. These government initiatives have led to ambitious investments in network infrastructure which will encourage broader take-up of IT services as well as development of innovative IT systems. However , we note that increased diplomatic tensions between Qatar and other GCC member states pose downside risk to our economic outlook for the country, which could in turn curtail the government's ability to maintain high levels of investment in the ICT sector over the long term.