New Report Available: United Kingdom Information Technology Report Q2 2015

UK information technology sector growth will be driven by areas such as the app economy and cloud computing and there are promising signs for growth of emerging technologies such as data centres and Big Data that are subject to government support. However, we continue to point to significant downside as the elections in 2015 or a potential referendum on EU membership in 2017 could impact public spending. Spending is already squeezed by fiscal austerity measures, fragile business and consumer confidence and a decline in desktop and notebook shipments and the failure of high profile public IT projects in recent years has heightened public scepticism about further projects and resulted in much tighter scrutiny of spending. The result of these trends is a forecast for UK IT spending to increase 2.5 %, to almost GBP 59.0 bn in 201 5 .

Full Report Details at
- http://www.fastmr.com/prod/980236_united_kingdom_information_technology_report_q2.aspx?afid=301

Headline Expenditure Projections:

* Computer Hardware Sales: GBP20.03bn in 2014 to GBP20.05bn in 2015, +0.1% in local currency terms. The slowdown in the tablet market will only be partially offset by growing demand for hybrid notebooks, resulting in a stagnant market in value terms.
* Software Sales : GBP13.11bn in 2014 to GBP13.56bn in 2015, +3.4% in local currency terms. Enterprise software demand is growing, with SaaS SME demand and large enterprise demand for advanced solutions driving growth.
* IT Services Sales: GBP24.41bn in 2014 to GBP25.35bn in 2015, +3.9% in local currency terms. The high level of IT services adoption among public institutions means growth will increasingly be driven by the enterprise sector in the UK, but cloud computing adoption will ensure IT services growth outperformance.

Key Trends And Developments

BMI has long championed the potential of the Internet of Things (IoT) in the UK, and we believe growth will continue to accelerate in 2015. This view is supported by the latest research from US networks vendor Cisco Systems. It reported in March 2015 that it expects the IoT sector...

The United Kingdom Information Technology Report features BMI Research's market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's United Kingdom Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in United Kingdom.

Key Benefits

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