China Manufacturing IT Applications Forecast, 2018–2022
This IDC study presents a five-year forecast for the China manufacturing IT applications industry as of January 2018. 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 continue to grow steadily. The smart manufacturing pilot project has been executed for three years. About 200 manufacturers have achieved financial support from the central or local government. These are very positive signals. Meanwhile, Industrial Internet and industry cloud have become the most popular topics in the China manufacturing industry. They will also bring a huge opportunity for IT hardware and software. The players within China manufacturing should focus on governmental policies regarding any financial support," says Yue Zhang, research manager, IDC China Manufacturing Industry Research and Consulting.
Please Note: Extended description available upon request.