IT Industry Business Confidence Report: H1 2017
Summary
GlobalDatas "IT Industry Business Confidence Report: H1 2017"
examines executives opinion about the business environment during H1 2017. It
also highlights existing economic conditions, supplier price variations, sales
performance, industry and company growth outlook, spending patterns, and key
priorities. Additionally, the report provides information categorized by
region.
The existing economic environment is stable for the IT industry during H1
2017 (February 2017-July 2017). Survey results reveal that executives operating
in North America project a more favorable opinion about the economic prospects
in the region for H1 2017. Significant growth in household spending, rise in
GDP rate, increased government infrastructure outlays, growing consumer
confidence, and the fall in the unemployment rate, are identified as the key
contributing factors to the favorable opinion. Executives foresee an increase
in expenditure on new product development over the next six months. Moreover,
customer retention, and protecting and growing market share are the main
priorities for survey respondents in H1 2017.
What else
does this report offer?
- Current state of the global economy: examines prevailing economic
conditions globally and across various regions
- Company and industry growth outlook: provides industry executives
expectations towards the growth prospects of their company and the industry
over the next six months
- Change in customer confidence: analyzes IT industry executives opinion
about the change in customer confidence during H1 2017
- Supplier prices projection: determines expected change in supplier
prices across various categories and their impact on business confidence
- Change in staff headcount and sales performance: tracks expected change
in staff headcount and sales for H1 2017 among industry executives globally
- Significant investment activities: highlights various areas in which
industry executives intend to invest over the next six months
- Business concerns: provides information about potential business
concerns indicated by survey respondents for H1 2017
- Key priorities: identifies the top priorities of industry executives
operating in various regions
To view
Full Report: IT
Industry Business Confidence Report: H1 2017
Scope
- In total, 49% of survey respondents state that the current economic
environment is stable, whereas 33% of respondents indicate that the economic
condition is very favorable or favorable
- The majority of executives operating in North America have a more favorable
opinion about their region
- The positive outlook towards company growth over the next six months is
highest among executives with business operations in North America
- On average, IT industry executives project an increase of 3.3% in
supplier prices for software products over the next six months
- Customer retention, protecting and growing market share, and improving
operational efficiency are the main priorities for survey respondents in H1
2017.
Reasons to buy
- Helps organizations to make effective business strategy decisions by
knowing the prevailing business conditions and sentiment within the IT industry
- Organizations will be supported in business expansion decisions by
providing information about projected change in sales performance and supplier
prices
- Helps to improve operational efficiency of the organization by knowing
about key priorities and the main concerns of IT industry executives
- Helps to alter investment allocation by understanding key focus areas
highlighted by survey respondents during H1 2017
Get
Sample Request @ IT Industry
Business Confidence Report: H1 2017
Table of
Content
Introduction
Definitions and abbreviations
Methodology and sample size
Respondent profile
Economic state, growth prospects, and consumer confidence
More
Related Reports @ Technology Market Research Reports
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