Serbia’s IT market will be impacted by the consequences of the floods

The Serbian IT market recorded a 9.24 percent increase in 2013 and totalled USD 1.02 billion, shows the annual survey conducted by analyst company IDC Adriatics.

Measured in the national currency, the total value of the IT market in Serbia increased in 2013 by 5.75 percent relative to 2012.
IDC issued an initial forecast for a slight market growth of some 1.2 percent in 2014, but in the light of recent wide-ranging natural disasters, the forecast is being reviewed.

IDC Adriatics Country Manager for Serbia Zorana Juric said that the IT market in Serbia will also be impacted by the consequences of the recent floods reports Tanjug.

Source Balkans

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