Demand for IT Consulting Services in Iran Growing at 10% CAGR
Removal of trade restrictions and rising
popularity of cloud computing in Iran, coupled with favorable government
initiatives and increasing number of incubators and IT parks to drive Iran IT
services market through 2022
According to TechSci Research report, “Iran
IT Services Market By Type, By Region, Competition Forecast &
Opportunities, 2012-2022’’, Iran IT services market is
witnessing a revival after the country’s nuclear deal with the US and and other
P5 countries that include China, France, Germany, Russia and the UK. This deal
has resulted in resolution of trade sanctions on Iran, thereby creating
potential growth opportunities in Iran IT services market. In 2013, the US had removed the
sanction on Iran, that restricted export of consumer electronics devices,
including computers, smartphones, etc., communication services and software to
Iran. Additionally, increasing
efforts by the Government of Iran to increase the contribution of its
Information, Technology & Communication (ICT) sector to the country’s GDP, under
its 6th National Development Plan (2016-2021), is expected to have a huge
positive impact on the IT services market in Iran.
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market data Figures and Tables spread through 73
Pages and an in-depth TOC on "Iran IT Services
Market"
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Iran IT services market is
broadly segmented into IT Captive Management Services, IT Telecom
(Application Software Services), IT Infrastructure Services, and IT Product
Development Services. IT Captive Management Services had
dominated Iran IT services market in 2016 and the segment is expected to continue
its market dominance during the forecast period as well on account of rising
government focus on ICT sector and growing demand for software development
services, IT support services, IT consulting services, etc.
Among regions, Tehran accounted for the largest revenue
share in 2016, owing to the presence of leading IT service providers, growing
demand for Enterprise Resource Planning (ERP), Customer relationship management
(CRM), etc., and rising acceptance of cloud computing across the region. Data Processing Iran (DPI) Co., System Group Co., and Iran
Argham Corporation are some of the major companies operating in Iran IT
services market.
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“Increasing smartphone and internet penetration is enabling Iranian IT companies
to digitalize their business processes, thereby creating an opportunity for IT
service providers to offer their services to companies across different
business verticals. In addition, rising popularity of web services and software
solutions is further encouraging the use of IT services, thereby driving the
country’s IT services market.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Iran
IT Services Market By Type, By Region, Competition Forecast &
Opportunities, 2012-2022’’ has evaluated the future growth potential of Iran IT services
market and provides statistics and information on market size, structure and
future market growth. The report offers decision makers superior market
intelligence, thereby enabling them conduct thorough investment appraisal.
Besides, the report also analyzes
the evolving market trends along with drivers, challenges and opportunities in Iran
IT services market.About TechSci Research
TechSci Research is a leading global market research firm
publishing premium market research reports. Serving 700 global clients with
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