Asia/Pacific (Excluding Japan) Consulting and Systems Integration 2009-2013 Forecast and AnalysisIDCSeptember 16, 2009 46 Pages - SKU: IDC2463950 |
This IDC study analyzes the consulting and systems integration (C&SI) services market in Asia/Pacific (excluding Japan) or APEJ. This study is a follow-up to last year's Asia/Pacific (Excluding Japan) Consulting and Systems Integration 2008-2012 Forecast and Analysis: Emerging Challenges of Aligning IT with Business (IDC #AP221104Q, May 2008). IDC estimates that the C&SI market in APEJ will experience a compound annual growth rate (CAGR) of 7.5 % between 2009 and 2013. The market is expected to grow from US$14.56 billion in 2008 to US$20.89 billion in 2013. However, in the immediate short term, IDC expects the IT C&SI services market to remain largely flat in 2009 with a mere 0.3% year-on-year growth. "We are possibly at the trough of IT services slowdown in the region. There are 'green shoots' (e.g., improved exports and industrial production figures) visible across the region, as recent quarterly government reports suggest," says Mayur Sahni, senior market analyst, IT Services Opportunities, IDC Asia/Pacific. Although there has been increased scrutiny of budget allocations for IT services and delay in projects, businesses are actually investing in IT solutions essentially because these are critical to their long-term strategic road maps," he adds. IDC expects vendors that are able to comprehend and delivery on long-term business strategies have experienced success and will be best placed to further strengthen their positions once the IT services growth rate accelerates. |
