Research and Markets has announced the addition of the “IT Market in BRIC 2015-2019” report to their offering.
The IT market in the BRIC region is to grow at a CAGR of 11.72% over the period 2014-2019
IT can be defined as an integrated platform that includes hardware, software and IT services. The role of IT in an organization is to integrate various business processes and thus ensure smooth flow of information and processes. IT also helps organizations align their business processes with various technologies. The IT market in BRIC countries has picked up a good start after the recession in the late 2000’s and has been a growing market since then. The government initiatives in BRIC countries are supporting the growth of IT market in these regions. The market is segmented into the following segments: Hardware, Software, and Services.
The next stage of evolution of the global information network may be the Internet-of-things, which refers to grids of objects embedded with electronics, software, sensors, and connectivity. The IoT has opened up many opportunities on which BRIC countries are making their mark.
According to the report, increase in government initiatives drives the growth of IT in the BRIC countries. For instance, a greater number of technology parks and SEZs attract foreign investors. The government has also worked to attract foreign investors and provide work opportunities to Brazilians.
Further, the report states that policy paralysis in BRIC countries hinders the growth of the market, as widening current account deficits negatively affect the IT spending in these countries.
Key Vendors
- Accenture
- Cognizant
- Digital China Holdings
- HP
- Huawei Technologies
- IBM
- Lenovo Group
Other Prominent Vendors
- Acer
- AsiaInfo Linkage
- AsusTek
- Atos Origin
- Capgemini
- China National Software
- Cisco Systems
- Dell
- HCL Infosystems
- IBS
- Infosys
- National Computer
- Neusoft Group
- Microsoft
- Oracle
- SAP
- TCS
- Wipro Infotech
- Xerox
Key Topics Covered
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation of BRIC Countries
- IT Market in Brazil
- IT Market in Russia
- IT Market in India
- IT Market in China
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/9gqvdl/it_market_in_bric
