TechNavio recognizes the following companies as the key players in the IT Market in China: Hewlett-Packard Co., IBM Corp., Oracle Corp., and SAP AG.
Commenting on the report, an analyst from TechNavio’s team said: “E-commerce facilitates home delivery and provides the comfort of shopping online, thus promoting online shopping in the country. However, e-commerce is curtailed by inhibitors such as fake goods and credit card theft. In addition, various retailers have started offering the cash on delivery payment option, which is likely to help customers overcome the issue of online security theft. Currently, in China the payment systems are safer now. This might increase the growth of e-commerce in China.”
According to the report, one of the major drivers in the market is the growing IT talent. A huge number of IT students graduate from the universities in China every year. Currently, there are more than 2 million software developers in China.
Further, the report states that one of the major challenges is the increasing piracy in the Software segment. According to the Business Software Alliance, a non-profit trade association created to improve the goals of Software industry, China is the third largest country in Software piracy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/it-market-china-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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