Global Information Technology (IT) Market

Global Information Technology (IT) Market

Where is the largest and fastest growing market for the information technology? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The report answers all these questions and many more.   Asia Pacific was the largest region in the global information technology market, accounting for 34% of the market in 2018. North America was the second largest region accounting for 30% of the global information technology market. Africa was the smallest region accounting for 2% of the market.   Over the past five years there has been an increasing prevalence of low cost open source alternatives. Open source has become a preferred platform for developing new technology. In the past, software publishers would open source software that was not making money, but now companies are open sourcing software to increase its presence and share in the market. According to Allison Randal, President, Open Source Initiative, 78% of companies use open source solutions and 64% participate in open source projects indicating an increase in open source software platforms to build applications in 2015.   The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider information technology market, and compares it with other markets.   The market characteristics section of the report defines and explains the market. The market size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market. Market segmentations break down market into sub markets. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing. Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified. The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this. The information technology market section of the report gives context. It compares the information technology market with other segments of the information technology market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, information technology indicators comparison.
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