<ul><li>Information & Communication Technology (ICT) Market Trends
Although the Czech ICT market represents barely 1% of the</li></ul>total EU market, it is still one of the third largest in Central and Eastern Europe.<br /><ul><li> The Czech ICT channel is characterized by a strong presence of resellers (41%) and service companies (33%).
The biggest area of concentration of ICT channel players remains the capital region with almost 1/3 of the total channel population. The South Eastern part of the country is in a development phase, as more ICT companies are making their appearance in the area.</li></ul>MARKET TRENDS<br />
ITO opportunities exist in integrated security solutions, advanced communication systems, financial systems, healthcare, mobile applications and mobile content platform development as well as new digital technologies, mobile applications and e-commerce solutions.
As of 2009, the country’s software market reached EUR 618 million and IT services market – nearly EUR 1,2 billion.
Both IT salaries and operating costs are rather high in the Czech Republic, which makes it a less favorable outsourcing location compared to its slower developing neighbors such as Ukraine or Bulgaria.</li></ul>MARKET TRENDS<br />