Living in Peru : your everyday companion

LivinginPeru.com
Isabel Guerra

According to international reports, Peru's IT spending is forecast to remain in positive this years, due to double- digit PC sales growth.

Although Peru has one of the smaller IT markets in the Latin American region, its spending is projected to grow at a compound annual growth rate of 13% over the 2008-2013 period: total spending on IT products and services is forecast to pass US$1.8bn by 2013.

The low PC penetration rate (less than 200%) allows many to think there is a great potential market, and plenty of room for further development.

In addition, Peru's IT market appears better placed than most others in the region to withstand the current global economic headwinds: per capita IT spending is projected to grow to US$58 by 2013, from around US$38 in 2009.

Peru's government continues to focus on its agenda of information and communication technology for development, and another government priority is to strengthen the domestic software sector.

Software market leader Microsoft has predicted double-digit growth for Peruvian software sector sales this year, and in July 2009 said that it would strengthen its local operations.

Peru's software market is projected to be worth US$124mn in 2009, with the market reaching a value of US$210mn by 2013.

(Condensed from PRInside.com)

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