Albanian IT market reached nearly $44 mln in 2006

Albanian IT market reached nearly $44 mln in 2006, up an estimated 18% over 2005. IT market to expand by 17.8% annually on average to total almost $100 million in 2011, according to IDC. Albanian IT market is heavily oriented towards hardware, which constituted over 71% of total IT spending in 2006. IT services represented just over 16% of the market, and software represented 12.6%.