23.09.2016 Views

MENA Digital Transformation Market Poised to Rake CAGR of 15.1% from 2014 to 2020

Future Market Insights has announced the addition of the "Digital Transformation Market: MENA Industry Analysis and Opportunity Assessment 2014 - 2020"report to their offering.

Future Market Insights has announced the addition of the "Digital Transformation Market: MENA Industry Analysis and Opportunity Assessment 2014 - 2020"report to their offering.

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Report Description<br />

All the above sections, by digital services, by digital s<strong>of</strong>tware and by vertical or by<br />

regions, evaluate the present scenario and the growth prospects <strong>of</strong> the <strong>MENA</strong> <strong>Digital</strong><br />

<strong>Transformation</strong> market for the period <strong>2014</strong> –<strong>2020</strong>. We have considered 2013 as the base<br />

year and provide data for the trailing 12 months.<br />

To calculate the <strong>MENA</strong> <strong>Digital</strong> <strong>Transformation</strong> market size, we have considered revenue<br />

generated <strong>from</strong> the sale <strong>of</strong> digital s<strong>of</strong>tware, related platforms and services availed. The<br />

forecast presented here assesses the <strong>to</strong>tal revenue by both Value across the <strong>MENA</strong> digital<br />

transformation market. In order <strong>to</strong> <strong>of</strong>fer an accurate forecast, we started by sizing the<br />

current market, which forms the basis <strong>of</strong> how the <strong>MENA</strong> digital transformation market<br />

will develop in the future. Given the characteristics <strong>of</strong> the market, we triangulated the<br />

outcome <strong>of</strong> three different types <strong>of</strong> analyses, based on supply side, consumer spending<br />

and economic envelope. However, forecasting the market in terms <strong>of</strong> various digital<br />

s<strong>of</strong>tware, digital services, verticals uptake and region/country is more a matter <strong>of</strong><br />

quantifying expectations and identifying opportunities rather than rationalising them<br />

after the forecast has been completed.<br />

In addition, it is imperative <strong>to</strong> note that in an ever-fluctuating global economy, we not<br />

only conduct forecasts in terms <strong>of</strong> <strong>CAGR</strong>, but also analyse on the basis <strong>of</strong> key parameters<br />

such as year-on-year (Y-o-Y) growth <strong>to</strong> understand the predictability <strong>of</strong> the market and <strong>to</strong><br />

identify the right opportunities across the <strong>MENA</strong> <strong>Digital</strong> <strong>Transformation</strong> market.

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