Arab Today, arab today german it market eyes 2014 growth but lags global pace
Last Updated : GMT 14:37:28
Arab Today, arab today
Arab Today, arab today

German IT market eyes 2014 growth but lags global pace

Arab Today, arab today

Arab Today, arab today German IT market eyes 2014 growth but lags global pace

Hanover - AFP

The German IT and communications sector is set to return to growth in 2014 driven by smartphones and tablet computers but still trail a booming global market, an industry lobby said Sunday. On the eve of the world's biggest hi-tech fair, Germany's BITKOM said sales in IT, telecommunications and consumer electronics were due to increase 1.7 percent this year after a fall of 0.5 percent in 2013. "The bottom line will see a plus again in 2014 but we see a divergence within the branch," said BITKOM president Dieter Kempf. Europe's top economy is set for sales in the overall sector to reach 153.4 billion euros ($212.8 billion) in 2014, with smartphones, tablets, software and services driving business, he said. Globally, the IT and telecommunications sector is expected to jump 4.5 percent this year compared to 2013, to nearly 3.0 trillion euros, the German lobby group has said While the IT sector worldwide is set for 3.8-percent growth, in Germany it will lag slightly behind, weighed down by business in desktop computers and laptops, BITKOM said. Tablet computers however are booming but "for many people will remain rather the second or third device and will not completely oust the PC and Notebook", Kempf said. Within the telecommunications branch, Germany is eyeing only 0.4 percent growth with sinking revenues in data and other services, compared to 5.0 percent forecast globally, the lobby said. The US is expected to continue to boast the biggest share of the global IT and telecommunications market at 27 percent, with the European Union at 21 percent, according to BITKOM figures. Brazil, Russia, India and China -- known as the BRIC nations -- are set to grow the fastest, with India leading the way, followed by China and Brazil. The publication of the BITKOM forecasts is traditionally the first event of the CeBIT high-tech fair which will be inaugurated by Chancellor Angela Merkel and British Prime Minister David Cameron later Sunday. Britain is the CeBIT's partner country this year at the five-day event, focused on the theme of "datability", the ability to use vast amounts of data quickly and responsibly.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german it market eyes 2014 growth but lags global pace Arab Today, arab today german it market eyes 2014 growth but lags global pace

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 16:23 2017 Sunday ,19 February

Global energy news

GMT 16:05 2017 Sunday ,19 February

Trudeau calls for wider social benefit from economy

GMT 05:57 2017 Sunday ,19 February

How do you say déjà vu in Greek?

GMT 05:26 2017 Sunday ,19 February

US natural gas market tightens

GMT 05:06 2017 Sunday ,19 February

Merkel: Euro is too low for Germany

GMT 04:58 2017 Sunday ,19 February

Swedish PM: Brexit deal in 2 years is unlikely
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday