BMI View: The Slovenian IT market has been hit hard by recession and we forecast the total IT market value will grow to EUR797mn in 2014. With stagnation also forecast in 2013, we forecast only modest growth of 2.45% this year as the market continues to feel the effects of the deepening recession and the impact on IT spending of a wave of austerity cuts. Meanwhile, a new banking crisis and rising unemployment will further constrain demand for IT products and services. While the market has had a challenging few years, the fundamentals of rising incomes over the medium term, …
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