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UAE IT mkt shows 11.2 pc CAGR

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CIOL Bureau
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DUBLIN: In a report by Research and Markets titled the "IT Services Market in United Arab Emirates to 2014" report, the revenue opportunity in the United Arab Emirates IT services market is forecast to grow at a compound annual growth rate (CAGR) of 11.2% over the 2009-14 period.

Implementation and systems integration business line accounted for 44.9 per cent revenue of the total United Arab Emirates IT services market in 2008.  

It also covers information on the IT services revenue opportunity across the infrastructure and applications service portfolios in United Arab Emirates. This provides forecasts for recurring and new contract revenue opportunities from 2009 to 2014.