Abstract

This IDC study presents the Israeli IT services industry in 2008 and forecasts expenditure on IT services through 2013. The study contains market size, vendor market shares, and forecasts for 13 foundation market categories.

The study ranks the top IT services providers by their 2008 revenues and includes detailed profiles of IT services portfolios for the top five, their presence in individual vertical markets, and their largest contracts. The top services providers for each of IDC's foundation market categories are also provided.

The study answers the following questions:

"The year 2009 will not be an easy one for Israeli IT services providers, which will have to develop alternative models for selling their solutions to a market trying to cut costs. Despite this, regulations in the finance vertical market, a stable defense budget, and the growth potential of the SME segment leave opportunities for increased revenue. In 2010–2011, IT investments should increase and services providers should make up for lost revenue." – Senior Research Analyst Chani Stern, IDC Israel