Mumbai, India (PressExposure) October 02, 2009 -- Automotive Industry in MEA Report ( [http://www.bharatbook.com/Market-Research-Reports/Automotive-Industry-in-MEA-IT-Market-Assessment.html] ) Rapid economic development, increase in population, improving buying power of consumers in oil-exporting GCC countries, growth in demand for SUVs and commercial vehicles in markets such as Iran, Egypt and UAE is driving the automation industry in MEA to increase production capacities to meet these demands. Further, attracted by a large base of skilled workforce and the need to reduce costs, automakers have begun to expand and relocate operations to markets in Africa.
Further, increase in exports from markets such as Turkey, UAE and Egypt coupled with relocation of large international automakers to the region resulting in increased competition is driving automakers in the region towards developing differentiator products and services.The report forecasts the IT spending of the Automotive Industry in MEA over the period 2007-2010. It is meant for IT vendors and intends to help them identify selling opportunities in the Automotive Industry in MEA. The report identifies key business issues being faced by the Automotive Industry in MEA.
Further, the identified sales drivers can be used to penetrate these accounts or increase current share of the customer''s wallet. Also, the report lists leading IT buyers and provides their brief company profile, along with their IT spending.TechNavio Insights is a set of reports based on TechNavio â a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the ''Technology Navigators''. TechNavio is built on years of experience in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies