Market Report, "China Information Technology Report Q1 2016", published

The Chinese IT market is poised to return to high single digit growth in 2016 once again after a general slowdown in 2015 due to a slightly weakened economic outlook. We maintain the view that China will continue to post strong growth and sales numbers in the IT market and its various subsectors. The supportive and forward- looking policy environment combines with market fundamentals to provide strong growth prospects resulting from the size of the population, rising incomes, relatively low penetration of devices and solutions and a supportive policy environment . There is however downside risk, not least for foreign vendors operating in China where the policy environment favours local enterprises. Nonetheless , we believe t he outlook is positive overall due to the factors mentioned above .

Full Report Details at
- http://www.fastmr.com/prod/1073372_china_information_technology.aspx?afid=301

Headline Expenditure Projections

Computer Hardware Sales: CNY577.0bn in 2015 to CNY610.9bn in 2016, +6% in local currency terms. Sales will remain robust as tablet market stabilizes in 2016 after a weakened 2014/15.
Software Sales: CNY106.6bn in 2015 to CNY121.0bn in 2016, +13.5% in local currency terms.
IT Services Sales: CNY235.2bn in 2015 to CNY267.9bn in 2016, +14% in local currency terms. Corporate investments and state support for development of Chinese cloud computing industry will mean increase in adoption rates will accelerate in 2016, driving IT services outperformance.

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).

Coverag

BMI Industry View

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