1. Market Research
  2. > ICT Market Trends
Information Technology Industry Business Confidence Report 2019

Information Technology Industry Business Confidence Report 2019

  • June 2019
  • 41 pages
  • ID: 5800123
  • Format: PDF
  • GlobalData


Table of Contents

Search Inside

Information Technology Industry Business Confidence Report 2019

The highest percentage of executives (48%) expect the current global economic state to remain stable with regards to its impact on the IT sector over the next 12 months.Meanwhile, 30% of respondents indicate a favorable opinion about the existing global economic state.

With new technologies (such as cloud computing, artificial intelligence, 5G deployments, IoT, etc.), increased usage of digital platforms, and amid rising competition within the IT sector, companies are facing both challenges and opportunities to remain relevant in fast-changing market scenarios. Globally, 75% of surveyed executives have positive expectations for their company’s growth over the next 12 months, while 71% respondents feel the same about the industry’s growth. Though, supplier prices for software will increase by an average of 3.4% over the next 12 months, one-third of respondents who operate in North America foresee a decline in the supplier prices of hardware by 0.1-3.99% during June 2019-May 2020. Moreover, cybercrime, political changes in the country/countries of operation, and new competition are, respectively, identified as the top three concern for the IT industry over the next 12 months.

GlobalData’s "Information Technology Industry Business Confidence Report 2019", examines executives’ opinion about the business environment during June 2019-May 2020.It also highlights the current economic conditions, supplier price variations, sales performance, industry and company growth prospects, spending models, and key priorities.

Additionally, the report provides information categorized by region, and company size and type.

What else does this report offer?
- The current state of the economy with regards to its impact on the IT industry: examines predominating economic conditions globally and across specific regions
- Company and industry growth outlook: provides executives’ opinions on the growth prospects of their company and the industry over the next 12 months
- Change in level of customer confidence: analyzes respondents’ sentiments surrounding the shift in the level of customer confidence within IT industry during June 2019-May 2020
- Supplier prices outlook: determines the expected variation in supplier prices across different categories and their impact on the business confidence
- Change in staff headcount and sales performance: anticipates and tracks the shift in staff headcount and sales growth during June 2019-May 2020 among industry executives globally as well as regionally
- Investment Projection & activities: highlights different areas in which industry executives intend to spend and invest over the next 12 months
- Business concerns: provides information about potential business concerns indicated by survey respondents for coming 12 months
- Key priorities: identifies the top priorities of industry executives operating in various regions.

- Existing global economic state is most likely to remain stable with regards to its impact on the IT sector over the next 12 months. However, respondents operating in Asia-Pacific and South America are anticipating a favorable or very favorable impact of existing economic condition on the IT sector
- The majority of surveyed executives expect a positive or very positive change in the level of customer confidence within the IT sector over the next 12 months
- On average, respondents with business operation in Europe foresee an average of 4.4% of increase in staff headcount over the next 12 months, compared to what it is now
- Over the next 12 months, surveyed executives predict that the highest increase in expenditure will be towards new product development which is followed by research and analysis
- Cybercrime is identified as the most crucial concern for the IT industry over the next 12 months, particularly, for the businesses operating in Asia-Pacific and North America.

Reasons to buy
- Assists companies to make effective business strategy decisions by knowing the prevailing market conditions and sentiment within the IT industry
- Supports organizations in business expansion decisions by providing information concerning the projected variation in sales performance and supplier prices
- Helps IT enterprises in aligning themselves with the latest market trends and prevailing sentiments by informing them with the essential priorities and major concerns of the industry
- Serves to adjust investment allocation by outlining key focus areas highlighted by survey respondents during 2019.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Over-The-Top Communication Market Research Report by Content Type, by Industry, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19

  • $ 4949
  • October 2021
  • 189 pages

Over-The-Top Communication Market Research Report by Content Type (Music streaming, Text & images, and Video), by Industry (Aerospace & Defense, Automotive & Transportation, and Banking, Financial Services ...

  • World
  • Financial Services
  • Aerospace And Defense
  • Industry analysis


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on