NETGEAR aims big in Qatar
NETGEAR, a networking and storage specialist plans to penetrate and create a stronger market presence in Qatar’s ICT segment and has ultimately set a QAR 10 million revenue goal in 2013. The move complements the latest Qatar IT Industry report released by the International Data Corporation (IDC) stating that the country’s rapidly developing ICT segment is posed to reach a value of QAR 13.47 billion over the next two years. The report shows that the country’s telecommunications, government, oil & gas, and finance vertical markets have been identified as market segments with high IT spending which reflect Qatar’s move to diversify and increase the private sector’s role and participation in the move towards development.
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