This IDC Presentation provides a detailed analysis of the market and competitive landscape in IT services in China from July to December 2017 (2H17). It covers the market size movements and growth trends in each of the macromarkets (i.e., project-oriented, outsourcing, and support and training services) as well as the key industries, such as finance, manufacturing and resources, public sector, distribution and services, and infrastructure. The report also provides a market and vendor analysis of 3rd Platform technologies as the key market drivers. The competitive analysis section includes key strategies and activities of large global and local IT services providers in the market.
The data and insights within this presentation are a part of the "Asia/Pacific Semiannual Services Tracker" research, which covers 14 foundation markets across 14 Asia/Pacific countries.
China's gross domestic product grew by 6.8% year over year (YoY) in 2H17, a slight improvement compared with the same period in 2016. China's economic performance remained stable, with new growth drivers emerging and the economic structure improving. China is transforming its economic development mode as new driving forces, such as the IT industry, have been growing rapidly. The country's new driving force, the tertiary or service sector, grew at 8.8% YoY in 2H17, faster than traditional industries. The rapid growth of the tertiary sector has resulted in a stable growth of the overall IT services spending.
China's IT services market is in the midst of transforming traditional services into digital services. The demand for digital transformation continues to boost the overall IT services market. Service providers are actively leveraging new technologies, such as cloud, big data, analytics, and more, to help industrial customers realize their digital transformation journeys.
The Chinese government plays an important role in the development of the IT services market. The government aims to accelerate the implementation of big data and artificial intelligence to improve social services and enhance economic development. It is looking to develop an advance national big data strategy, improve the digital infrastructure, promote integration and sharing of digital resources, safeguard data security, and build more smart cities.
The digital age and knowledge economy has changed the business landscape of enterprises. Enterprises are facing fierce competition in a dynamic and complex environment. Therefore, enterprises now need to possess characteristics such as adaptability, agility, efficiency, and being seamless in the aspects of business operations and development as well as interaction with customers. Hence, the demand for industry-specific applications is on the rise.
IBM, Inspur Group Co., Ltd., 21Vianet Group, Inc., Huawei Technologies Co., Ltd., Lenovo Group Limited, Sugon Information Industry Co. Ltd., New H3C Technologies Co., Ltd., GDS Holdings Ltd, AsiaInfo, Inc., Pactera Technology International Ltd., Digital China Information Service Company Ltd., DXC Technology Co.
Application development services, Application management, Hosted application management, Hosting infrastructure services, IT consulting services, IT education and training, IT maintenance and support, Network and desktop outsourcing services, Systems integration services