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 Key Buyers Chapter
The industry exhibits a low concentration level. Despite the presence of high-profile multinational corporations, the four largest players in the industry account for 14.0% of industry revenue in 2014-15. 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