Business Monitor International Launches Latest Report in India
LONDON, May 31, 2011 /PRNewswire/ —
Business Monitor International (BMI) has announced the launch of its latest report on India’s Information Technology industry.
The report includes BMI’s market assessment and independent 5 forecast to end 2015, covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions.
The India analysis report also analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing multinational and national IT companies by products, sales, market share, investments, projects and expansion strategies.
BMI’s India Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in India. The report is vital for all these groups to benchmark BMI’s independent 5-year IT industry forecasts to test other views – a key input for successful budgetary and strategic business planning in the India IT market. It is also vital because it allows them to target business opportunities and risks in India’s IT sector through reviews of latest Information Technology trends regulatory changes, and major deals, projects and investments in India. Finally, it allows these groups to assess the activities, strategy and market position of competitors, partners and clients via Company Profiles, including KPIs and latest activity.
In 2011, India’s potentially vast IT market should consolidate its strong performance in 2010 thanks to an improving economy and consumer sentiment. Computer shipments were up by around 30% in 2010 compared with 2009, and although growth is expected to moderate in 2011 due to base effects, it should remain comfortably in double-digits.
Less than 3% of people in India own a computer (about one-fifth of the level in China), meaning particular potential in the lower end product range. However, realisation of this long-term growth potential depends on fundamental drivers such as raising India’s low computer penetration, rising incomes, falling computer prices and the government’s ambitions to connect the vast rural areas to the outside world.
However, the key threat to the Indian IT sector is the global economic slowdown and rising costs that will impact on consumer and business sentiment.
Business Monitor International (BMI) is a leading, independent provider of proprietary data, industry analysis, ratings, IT trends, rankings, consumer electronics information and forecasts covering 175 countries and 22 industry sectors.
BMI’s customers and clients span more than 140 countries worldwide, including more than 400 of the Global Fortune 500 companies. Businesses, banks, financial service companies, governments, academia and research centres have all come to rely on BMI’s analysis, data and forecasts – and have done so for 25 years. The company was awarded the Queen’s Award for Export Achievement in 1997.
BMI is a wholly independent company, headquartered at Blackfriars, London, with foreign offices in Singapore and New York.
BMI’s corporate mission is to become the world’s No.1 Independent Information Provider in its field (Country Risk & Industry Research).
Business Monitor International was founded in 1984 by Richard Londesborough and Jonathan Feroze, the company’s joint CEOs, who both continue to play a full role within the company.
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SOURCE Business Monitor International