Software and IT services market in Romania, to reach 900 million euros, in 2015

The software and IT services market in Romania will reach 900 million euros in 2015, with public sector's share to account for 25 per cent compared with the private area, Pierre Audoin Consultants (PAC) Managing Director for Eastern Europe Eugen Schwab-Chesaru told a specialist conference on Monday.

'The software and IT services market in Romania has changed significantly over the past year. The market in Romania, in a logical and not over-optimistic manner, should have exceeded two billion euros in 2015. Unfortunately, the local market it's not even at half this value at present. The public sector is like a bump in the road right now and it somehow ruins the situation for us. This year, the software and IT services market in Romania will not exceed the figures of last year, compared to a 7-8 per cent growth forecast (...) Next year the market of Romania should reach near 900 million euros, and I am strictly referring here to what is bought on the local market. The private — public ratio will stand at 75 per cent — 25 per cent. The percentage of the public area will be the lowest over the past few years. It is very interesting to see if the public sector shows some signs of a switch to software products to the detriment of developing some clusters. The public sector share in software and services fluctuates depending on such a strategic decision,' Schwab-Chesaru explained.

...