"United Kingdom Information Technology Report Q1 2015" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Tue Jan 20 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 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 4 .6 %, to GBP 60. 5bn in 201 5 .

Headline Expenditure Projections:

* Computer Hardware Sales: GBP20.4bn in 2014 to GBP21.3bn in 2015, +4.2% in local currency terms. A boom in tablet sales has offset the decline in purchases of desktop and notebooks but with the tablet market heading towards saturation growth will continue to decelerate in 2015.
* Software Sales : GBP12.9bn in 2014 to GBP13.3bn in 2015, +3.6% in local currency terms. OS upgrades have boosted demand, but there is faster growth in areas such as security solutions and big data analytics.
* IT Services Sales: GBP24.5bn in 2014 to GBP25.9bn in 2015, +5.5% 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.

Full Report Details at
- http://www.fastmr.com/prod/944716_united_kingdom_information_technology_report_q1.aspx?afid=301

Key Trends And Developments

One feature of the UK market that differentiates it from other large European markets such as France and Germany is the larger size of its outsourcing market. Figures from research firm ISG show that UK business spent a total of EUR1.4bn on IT and business process outsourcing (BPO) services in H114 - an increase of 6% year-on-year (y-o-y). ISG reported that growth in contract value outpaced the number...

The United Kingdom Information Technology Report features Business Monitor International (BMI)'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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