Industry Analysis & Industry Trends
The Computer System Design Services industry comprises businesses that assist in the development and implementation of programming systems and business solutions. The industry has continued to expand rapidly as computers and related support functions in the workplace increasingly require regular upgrades and development, and many businesses outsource non-essential systems operations. The industry has grown over the past five years owing to increased online connectivity, with financial services providers like banks and insurers continuing to be among the industry's largest clients. Over the five years through 2014-15, industry revenue is expected to grow at an annualised 4.9% to total $48.1 billion. This includes forecast growth of 4.7% in 2014-15... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in the growth stage of its life cycle. The rapidly changing technological environment ensures that new markets are constantly opening up. Meanwhile, efforts by consulting firms to cover the entirety of the business solutions process means they are adopting new skills and adapting to match the growth in Australia's internet usage. The increased practice of providing a start-to-finish service is projected to lead to greater consolidation among the largest firms. This will result in takeovers of small companies and alliances between major players and large firms in related sectors. Despite this looming consolidation, the industry continues to grow.
The industry is expected to continue to grow, although at a slower rate... purchase to read more