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This IDC study presents the dynamics of IT applications and development trend of China transportation industry through a detailed description of major application solution markets and competition environment of China transportation industry in 2007. It also provides a five-year forecast for major IT application and solution markets and a competitive analysis of key solution vendors for the transportation industry in 2007. In addition, it sheds light on China manufacturing IT spending by solution.
"IDC estimates that the overall transportation IT spending totaled RMB 13.17 billion (US$1728.3 million) in 2007. In the next few years, China transportation IT spending will maintain steady growth, with a 2007?2012 compound annual growth rate (CAGR) of 12.6%. China transportation solution market size totaled RMB 2.78 billion (US$364.8 million) in 2007, with a 2007?2012 CAGR of 17.9%. The transportation solutions market will maintain steady growth in the next few years. Among all transportation solutions, civil aviation business management solutions took the biggest market share and will maintain relatively high growth rate in the next few years; informization in newly built airports and IT upgrading of existing airports, as well as informization of airline companies to improve efficiency of flight operations, are drivers for the development of the civil aviation solution market. In the next few years, the subway and rail transportation in many cities across the country will develop rapidly, driving the development of the solution market. With improvement of group-based airport operations and management of railway authorities, the market of management solutions such as OA and enterprise resource planning (ERP) among other solutions, will keep relatively higher growth rate," says Leon Xiao, market analyst, IDC China.
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