Industry Analysis & Industry Trends
The Computer System Design Services industry is comprised of businesses that assist in the development and implementation of programming systems and business solutions. The industry has rapidly grown since the use of computers in the workplace became more common and has benefited from businesses outsourcing many non-essential operations. The industry has grown over the past five years owing to increased online connectivity, with financial services providers, such as banks and insurers continuing to be 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 Key Buyers Chapter
The industry exhibits a low level of industry concentration. Despite the presence of high-profile multinational corporations, the four largest players in the industry account for less than 20% of revenue. The low industry concentration is partly due to the multitude of small specialist firms, coupled with the abundance of independent contractors. The majority of companies in the industry are sole traders with minimal revenue. Small operators provide services such as local library card systems and database establishment and operation for local councils, civic services and small businesses.
Consulting industries have typically been highly fragmented and IT consulting is no exception... purchase to read more