Poland's economy is expected to be a fastest
growing economy in the Central and Eastern European (CEE) region. The country's
economy has increased considerably as it became the division of the European
Union (EU). The living standard of country has increased with the substantial
development for the urbanization. Nowadays Poland has standardized itself to be
totally digitalized as it has received the largest EU funding accommodating the
talented workforce, sound political & economic conditions and low costs are
the key factors led to such a growth. The country also has a vast potential in
the biotechnology and research & development sectors.
IT sector is majorly responsible for the
development of a secure & safe cyber environment, maintaining uniform
information flow, and building positive financial conditions over a long
period. It sector of the country is separated into three closely connected
segments software, hardware, and IT services.
According to study, “IT
Market Scenario for Poland, By (Verticals, 30 Outsourcing Companies, and Top 10
Key IT Service Providers) - Trends & Forecast: 2015-2020” some of
the key companies currently operating in the IT market scenario for Poland
are PKO Bank Polski, Bank Pekao SA,
Infosys, Gemalto, Citi Handlowy, Aviva, Merck, Toyota Motor Manufacturing
Poland, ING Bank Slaski, Volvo Group, mBank, General Motors, Volkswagen Group,
Amica, Samsung, Ericsson, T-Mobile, Cyfrowy Polsat SA, Netia, SA, ETC-PZL
Aerospace Industries Sp. z o.o, Gardner Aerospace, Biedronka, Auchan, GE, EADS
PZL, Nestle, Open Text Corporation, UPC Systems, HP, Key IT Service Providers,
Comarch, PGS Software, NTT System, S.A., ABC Data, S.A., Tech Data, Asseco,
Mobica, Talex, Flextronics International.
The Poland’s IT sector is primarily driven by
the growing economy, followed by support from European Union structural funds,
fair foreign trade policy, state budget compensation, the rapid development
with the substantial market opportunity followed by the developed domestic
demand. Apart from the advantages, some of the major hindering factors include
poor infrastructure, need for investor friendly laws and week communication
network. Additionally, the new opportunities include ecommerce, cloud services
and in research & development etc. Moreover, some of the technology trends
are secure cloud-based payment system in the BFSI sector, smart factories in
manufacturing sector, cloud-based data management solution in aerospace &
defense sector, agriculture information systems or smart climate control applications
in agriculture sector and cashless payment in retail sector.
The Poland market is expected to remain
growing becoming the favorite outsourcing destination over the globe, owing to
the talented low-cost workforce & similar time zone. The government visualized
the country to be totally digitalized in upcoming years, with its current
e-governance initiatives & will to be the most favorite destination for
tourism, IT, research, and medical services. In addition, demand of secure
cloud & big data solutions from the various industry verticals are expected
to sustain revolutionized growth of the market.
Poland IT market is anticipated to reach US
$13.3 billion by the end of 2020, primarily driven by industry verticals like
BFSI, manufacturing sector, telecom, and IT outsourcing market. The IT service
sector is expected to be foremost with the overall IT development followed by
the IT hardware market. It is projected that the market to be rapid and the
fast growing owing to have considerable presence of global IT companies such as
Microsoft, IBM, HP and Google.
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Ankur Gupta, Head Marketing &
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