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Compound growth of China’s IT market to reach 8.6 pct in next 5 yrs, IDC

Xinhua’s China Economic Information Service, 6/6/13

SHANGHAI, Jun 06, 2013 (Xinhua via COMTEX) — China’s information technology (IT) market would stop sliding in the second half of this year and keep stable growth over the upcoming five years with a compound growth of 8.6 percent each year, said Huo Jinjie, general manager of the International Data Corp. (IDC) in China, on Thursday.

Statistics show that global and Chinese IT markets tumble d in the first quarter of 2013, when global personal computer (PC) market witnessed the biggest single-quarter plunge since 1994 with the shipment dropping 13.9 percent, and the shipment of China’s PC market also decreased 12.3 percent.

IDC holds that the PC market plunge in China is induced b y sluggish macroeconomic growth in the final quarter of 2012 and the first quarter of 2013, when the change of China’s central and local administrations influenced the IT hardware procurement considerably, and the measures taken by the government in cutting the “three public consumptions”, namely government departments’ spending on public reception , vehicles and overseas trips, and anti-corruption also impacted the PC market.

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Mobile Worker Population to Reach 1.3 Billion by 2015, According to IDC

IDC2 e1322687983514 300x96 Mobile Worker Population to Reach 1.3 Billion by 2015, According to IDC




IDC Press Release

FRAMINGHAM, Mass.– By 2015, the world’s mobile worker population will reach 1.3 billion, representing 37.2% of the total workforce. According to an updated forecast from International Data Corporation (IDC), the most significant gains will again be in the emerging economies of Asia/Pacific thanks to continued, strong economic growth. The Americas will experience a slower growth rate due to a protracted economic recovery and high rates of unemployment.

For the full release click here