Istanbul City Profile - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail
Istanbul City Profile - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and RetailSummary
“City Profile - Istanbul” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Istanbul.
Istanbul province is the country’s commercial, historical and cultural center of Turkey. The area has a pivotal role in the country’s economy and generates close to 30.0% of the national GDP in 2020. For the metropolitan area heavily reliant on tourism, the service sector was hit hard by the outbreak of coronavirus in early 2020.
With continuous aid from the government, interest rate cut by the Turkish Central Bank and gradual pick-up of tourism on back of easing down of covid restrictions, all together are likely to make the area’s economy pick-up strongly in 2021
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Scope
- The service sector and industrial sector are the key contributors to the area’s economy and the major employers in the area.
- The area remained as the preferred tourist destination among the Europeans. Strong performance in tourism was observed in terms of the arrival of international tourists to the area in 2019.
- Tourist visitors to the city in 2020 were hit hard due to the outbreak of COVID-19 pandemic.
Reasons to Buy
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
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