China Manufacturing Industry IT Application Market Forecast, 2016–2021
This IDC study presents a five-year forecast for the China manufacturing IT applications industry as of October 2017. It reviews and analyzes the market context, including both drivers and inhibitors of IT application growth; highlights significant market developments; provides the best estimates of IT spending and forecast by key segment; and offers advice to technology suppliers on how to drive opportunities. "The China manufacturing IT applications market will keep a stable growth. With many trial programs launched by local and central governments, more China manufacturers are realizing that digital transformation (DX) will help them improve production efficiency and product quality. The emerging technologies are penetrating traditional manufacturing systems, which unlocked the potential of manufacturing IT systems. Meanwhile, with policy support from local and central governments, more small and medium-sized enterprises (SMEs) in China's manufacturing industry will be driven to deploy their IT systems on cloud. From these two perspectives, the IT application market of China manufacturing will confront development opportunities," says Yue Zhang, research manager, Manufacturing Industry Research and Consulting, IDC China.