China Government Industry IT Solutions 2006-2010 Forecast and Analysis

This IDC study analyzes in detail the major government sector IT solution markets and their competitive structures in China in 2005. As well, the study provides forecasts for the government IT applications and solutions market for the next five years, and analyzes the competition of major solution providers in the 2005 government solutions market. A review of IT spending by segment and region, as well as future outlook of major government IT solution markets are also provided.

"2005 was the last year of China's 10th Five-Year Plan. Accordingly, the country's egovernment development entered a new stage in 2006; having completed the national egovernment framework, the government began to transform from administration-oriented to services-oriented operations, reflected in the service-administration alignment approach of egovernment development. The government informatization market was estimated at US$4.06 billion in 2005. IDC forecasts the government IT market will amount to US$7.55 billion by 2010, with a 2005-2010 compound annual growth rate (CAGR) of 13.2%, one percentage point higher than that of the overall IT market in China. The 2005 government IT solutions market was estimated at US$457.51 million, and by 2010 the market will grow to US$949.39 million with a 2005-2010 CAGR of 15.7%," says Freda Tong, senior analyst, Vertical Research Group, IDC China.