<ul><li>Information & Communication Technology (ICT) Market Trends
The IT sector features three major growth clusters: the capital region, followed by the counties Timis and Cluj.
All ICT sectors demonstrate a healthy trend, driven by major developing projects in large Romanian companies, boosted by the recent entry into the EU as well as facilitated access to structural funds in the field, mainly destined for the use of ICT, the strengthening of electronic services and the development of the e-economy.
For the period of 2007-2010 Romania’s Information and Communication Technology market value has reached nearly EUR 383 million, with its IT services market to be worth EUR 252 million.</li></ul>MARKET TRENDS<br />
<ul><li> Romania is getting support from the World Bank in improving its rural broadband access, which is now still under-developed compared to other CEE countries such as Hungary or Poland. </li></ul>Demand is still significant for mobility products,especially in the SMB and consumers sectors.<br />MARKET TRENDS<br />
The recession has affected IT demand across several sectors. IT services spending is projected to increase EUR 362.6 million by 2013 (at a CAGR of 10%), driven by an inflow of EU funds and foreign investment. In 2010 demand for enterprise software and ERPs is considered to be an underlying driver for IT services market evolution.
Romania is emerging as one of the largest CEE players in the electronics outsourcing industry.
Romania has extensive expertise in R&D outsourcing, especially in such niches as embedded software, chip design and information security. However, today the country is facing significant IT labor shortage.
The outsourcing activity is not yet recognized as a distinct and prospective business direction by the Romanian government. As a result, the state provides no significant incentives for investments in the development of the ITO industry.</li></ul>MARKET TRENDS<br />
<ul><li>Romania is considered to develop as a very good market for mobile applications and 3G outsourcing in the next few years.
According to the Global Corruption Survey by Transparent International (2009), Romania has the corruption index 4, which is the highest in the EU.</li></ul>MARKET TRENDS<br />