- Title: China IT Services 2009-2013 Forecast and Analysis
- Author: Grace Han, Vivian Yu, Gloria Li, Ting Yang
- Released: 2009-08-20
- Pages: 42
- ASIN: B003JMEVOM
This IDC study provides an overview of the status of China's IT services market and a forecast for the next five years. It also includes demand-side analysis, a competitive landscape with top vendors' rankings, as well as a segment market analysis. The study also provides recommendations for service providers (SP) in each IT services segment.
"Although affected by the global economic downturn, China's IT services market still enjoy very fast growth from US$7,699.1 million in 2007 to US$9,545.6 million in 2008, with 24.0% year-over-year (YoY) growth. Looking forward, IDC forecasts that China's IT services market will increase with a 2008-2013 compound annual growth rate (CAGR) of 13.8%. IT outsourcing market will especially enjoy a CAGR of 19.1%. Also, the local government began to speed up the development of China's services outsourcing, the relative series of policies are not only boosting IT outsourcing services market, but also the total domestic IT service market," says Ting Yang, research manager, Software and Service Research, IDC China.