Abstract - Slovakia Vertical Markets 2012–2016 IT Spending Forecast | Research | IDC CEMA

This IDC study provides a detailed overview of IT spending trends and forecasts for 17 vertical markets (or sectors) and 9 product and service categories in Slovakia. The study features overviews of key industry developments, industry challenges, and vertical-specific IT drivers and trends and includes tables detailing IT spending by vertical market for each product and service type for the 2011–2016 period. Analysis is based on continuous research, the monitoring of users' IT spending and emerging purchasing patterns, and supply- and demand-side research.

"In 2011, total IT spending dropped 1.7% in Slovakia to $1.83 billion as a result of the unfavorable economic climate surrounding the European sovereign debt crisis. To deal with the tough situation, IT vendors should prioritize customized solutions for corporate clients with a focus on the specific needs of customers. Given the increased price pressures due to reduced IT budgets, the length and size of IT projects are also likely to change with new large projects becoming very scarce." – Senior Research Analyst Milan Kalal, IDC CEMA.