Monday, November 25

Morocco IT Services To Reach USD 350 mln This Year

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The Moroccan IT services market is expected to reach a total value of about USD 350 million this year, up 10.4 from the year before, according to the latest data from International Data Corporation (IDC). The strong growth will be fueled by investments in hardware support and installation, systems integration, and software support and installation.

IT services spending in Morocco will grow at a compound annual growth rate (CAGR) of 11.7 percent over the next five years, to total USD 550.53 million in 2018.

IDC believes that business initiatives will continue to be a key driver of IT services spending in Morocco, particularly among enterprises in the highly competitive telecom and finance sectors. According to the study, the government will continue upgrading public infrastructure and remain committed to egovernment initiatives that are aimed at improving the quality of public services. From a demand-side perspective, the improvement of current IT infrastructure continues to be prioritised over ground-up buildouts of new IT infrastructure. This will lead to a proliferation of virtualisation, infrastructure consolidation, and datacentre modernisation projects.

And in addition to initiatives aimed at aligning IT with lines of business and various government programmes focused on infrastructure and public services, IDC expects end-user organisations to continue investing in areas and systems that optimise operating expenses and increase efficiency via services such as hosting and software as a service (SaaS). IDC also expects services providers to strengthen their presence in new service areas by providing adapted systems, getting close to their customers and educating end users on the benefits of their systems.

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