·
Chinese enterprises' distribution of
their ICT budget across various segments within a technology category
Ken Research has
announce latest publication on, "ICT investment trends in China; Enterprise ICT
spending patterns through to the end of 2017" which detailed scope of ICT sector in China. Report covers
survey analysis to understand investment trends and allocation of budget in the
ICT sector in the country. ICT expenditure is optimized in software, hardware
and other associated IT services. It also highlights major technical
advancements companies are following, performance of the currency and impact
over ICT market and industry trends influencing market revenues. Report cover
major segments such as IoT, cloud computing, security products, and green IT
& virtualization.
ICT sector is
flourishing in China with rising internet users and smart phone adoption rate.
Also government plays a major role in the sector growth with the implementation
of favourable policies. The scope of ICT sector is very vast which covers
Telecommunications, Hardware, Software and other IT services. ICT has expanded
to almost every sector, which majorly covers over-the-top (OTT) services,
FinTech, gaming, mobile platforms, and social mobile internet cloud (SMIC),
wearables, big data, smart cities, e-health, and internet of Things (IoT).
Big data market
started flourishing from 2014 onwards supported by rising internet users and
technically advanced mobile phones. E-commerce industry further boosted demand
for ICT services market. In the E-commerce space Alibaba is a leading player
and known for the adoption of latest technologies. Smile to pay is one of the
feature which make payment process even more convenient by smiling into smart
phone camera. Similarly there many other features they offer using advanced
information and communication technology.
Regulatory Structure
Ministry of
Industry and Information Technology (MIIT) is the governing body in China who
control ICt industry policies. MIIT take care of policies and procedures
related to wireless signal, internet, broadcasting, communication, software,
and electronic goods markets. ICT sector in the country is also supported by
Central Government by supporting foreign companies to invest in the country.
MIIT introduced
following goals:
-
Adoption of
advanced ICT technology in every sector
-
Building up
new technologies in the country instead of following the technology developed
by other country’s
-
To protect
IT industry by introducing reliable software’s
-
To utilize
ICT in government and military affairs
Topics Covered in the
report
·
China ICT market Size
·
China IT industry Revenue
·
Internet Adoption rate china
·
China internet penetration
·
China cloud computing services
Market
·
China ICT expenditure
·
China IT industry regulations
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Contact:
Ken Research
Ankur Gupta, Head Marketing &
Communications
+91-124-4230204
