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Information Technology Global Market Analytics 2016

  • Date Submitted: 09/14/2016 01:05 PM
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Information Technology Global Market Analytics 2016 Released By The Business Research Company.

http://www.thebusinessresearchcompany.com/our-research/information-technology/information-technology-global-market-analytics-outlook-2016/

The Information Technology Market Analytics Report provides strategists, marketers and senior management with the critical information they need to assess the global information technology and compare it with other markets and across geographies.


The information technology (IT) industry deals with the application of computers, computer peripherals and telecommunications equipment to store, retrieve, transmit and maneuver data. It involves computer networking, broadcasting, systems design services and information distribution technologies like television and telephones.

The market segments in the Information Technology sector as of 2015 were Telecommunications, IT services, Software products and Computer Hardware.

Telecommunications was the largest segment in with a XX% share of the IT market.   This was mainly due to wide use of services such as wired, wireless services and high demand for communication hardware such as smartphones and tablets.
IT Services was the second largest segment with a XX% share of the IT market.
Software Products was the third most important segment with a XX% share of the IT market.

Cloud/Software As A Service
Over the past five years, cloud software solutions have been gaining acceptance from companies across all industries. Cloud is a software delivery method where a vendor hosts a software application in a remote server and customers can access it through the internet. Cloud software solutions are widely used in customer relationship management (CRM), HR/payroll, project management and accounting software systems. For example, Hershey’s implemented IBM analytics SaaS tool to obtain customer insights and boost sales.
Data Analytics
Data analytics is the transformation of raw...

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