(MENAFNEditorial)
China continues to outperform in terms of IT spending growth and IT sector development due to a mix of economic strength and a forward-looking policy environment . Despite rapid growth in the past decade the market remains attractive with strong growth prospects resulting from (inter alia) the size of population rising incomes relatively low market penetration and a supportive poli tical environment . IT spending growth in China is expected to outperform on a regional and global basis with a CAGR of 10.0 % forecast 2014-2018 as IT spending increases as a share of GDP . However China's IT market is not without its challenges as the pool of first-time buyers diminishes and vendors continue to struggle in the face of ongoing high levels of piracy cyber security issues intense competition for price-sensitive consumers and uncertainty generated by regulatory decisions . BMI believes that t he outlook is positive overall with the caveats mentioned above.
Full Report Details at
- http://www.fastmr.com/prod/924128_china_information_technology_report_q1_2015.aspx?afid=101
Headline Expenditure Projections
* Computer Hardware Sales: CNY581.3bn in 2014 to CNY625.8bn in 2015 +7.7% in local currency terms. Volume growth will outperform market value as price erosion and a continued shift in the device sales mix towards tablets pushes down the PC average sales price.
* Software Sales: CNY86.6bn in 2014 to CNY92.7bn in 2015 +7.1% in local currency terms. Growth expected to dip in 2015 after OS upgrade demand was brought forward to 2014 by the withdrawal of Microsoft support for XP.
* IT Services Sales: CNY210.9bn in 2014 to CNY351.5bn in 2015 +17.2% in local currency terms. Cloud computing adoption expected to accelerate in 2015 due to improvements in network infrastructure and the spate of partnerships between global and local vendors.
Key Trends And Developments
In many economic segments China's government has utilised regulatory tools and state buying power to promote the development of local vendors with the goal of...
The China Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors memory chips integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing customs and intellectual property protection) and competitive landscapes comparing IT companies by products sales market share investments projects and expansion strategies.
BMI's China Information Technology Report provides industry professionals and strategists corporate analysts IT associations government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in China.
Key Benefits
* Benchmark BMI's independent IT Industry forecasts for China to test other views - a key input for successful budgetary and strategic business planning in the Chinese IT market.
* Target business opportunities and risks in China's IT sector through our reviews of latest industry trends regulatory changes and major deals projects and investments in China.
* Assess the activities strategy and market position of your competitors partners and clients via our Company Profiles (inc. KPIs and latest activity).
Coverage
BMI Industry View
Summary of BMI's key industry forecasts views and trend analysis covering IT regulatory changes major investments and projects and significant national and multinational company developments.
Regional Overview
Cross-border analysis of regional markets commenting on IT penetration (PC and internet) and market growth drivers (IT market size and IT market compound growth).
Country Market Overview
Structure size and value of the industry sectors including hardware software and services; overview of the industry landscape and key players; assessment of the business operating environment and the latest regulatory developments and government authority.
BMI Industry Forecasts
Historic data series and forecasts to end-2018 for all key industry indicators (see list below) supported by explicit assumptions plus analysis of key downside risks to the main forecast including:
IT Sector: IT industry value (US$bn); IT sector contribution to GDP (%); value of hardware software and services industry (US$mn); PC peripherals and software imports and exports (US$mn); PC peripherals and software sales (US$mn); number of PCs (`000); PCs/100 inhabitants; internet users (`000); internet users per 100 inhabitants; broadband subscribers (`000); broadband subscribers per 100 inhabitants.
Economy: Economic growth (%); nominal GDP (US$bn); unemployment (%); interest rates (%); exchange rate (against US$).
BMI Macroeconomic Forecast
BMI forecasts for all headline macroeconomic indicators to end-2018 including real GDP growth inflation fiscal balance trade balance current account and external debt.
Competitive Landscape
Full analysis of the competitive landscape within the hardware software and services sectors.
Company Profiles
Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI's industry forecasts our macroeconomic views and our understanding of the wider competitive landscape. The latest financial and operating statistics and key company developments are also incorporated within the company profiles enabling a full evaluation of recent company performance and future growth prospects.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts we provide quick and easy access to the best competitive intelligence available. Our unbiased expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.