TechNavio today launched its report IT Market in the UK 2011-2015 based on an in-depth study focusing exclusively on the UK. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s IT Services team said: ”The rise in the adoption of cloud services, which has been the buzz word for some time now in the Technology sector, and market consolidation, are some of the major trends contributing to the growth of the market. Thus, the IT market in the UK is currently witnessing a moderate growth after experiencing a weak financial environment during the recession of 2008-2009. It is expected to sustain modest growth during the forecast period.”
According to the report, one of the major drivers is the increase in government support to improve the IT infrastructure in the country. The UK government has increased investments on e-readiness and programs are being pursued to reduce the digital divide between urban and rural areas. Initiatives have been launched by the coalition government to achieve considerable savings in IT spending and renegotiate various projects. Nonetheless, such initiatives are expected to generate prospects in areas such as cloud computing and offshoring.
Further, the report also discusses that one of the major challenges for this market is the cautious spending due to market speculations.
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 players. For further information on this report, please visit http://goo.gl/oh8PS
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our IT Services market research, please visit https://www.technavio.com/it-services
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TechNavio Announces the Publication of its Report – IT Market in the UK 2011-2015
