Forecast Report

China Tech Market Outlook: 2014

Tougher Conditions Await Global Brands As Local Vendors Grab A Larger Share Of The World's Third-Largest Market

November 18th, 2013
Bryan Wang, null
Bryan Wang
With contributors:
Dane Anderson , Frederic Giron , Andrew Bartels , Rita Xia

Summary

IT purchases in China will reach $113 billion in 2013, making it the third-largest tech market in the world after the US and Japan. China is still largely a hardware-driven market, but spending on software and services is slowly gaining prominence in the current economic climate. This report analyzes the IT spending patterns of Chinese organizations in 2013 and provides an outlook for 2014 based on an analysis of government investment patterns and the latest buying trends of Chinese CIOs. It also provides tips for CIOs on how to make smart investments in the current market environment to achieve the best business outcomes.

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