Press release
Brexits Impact on Global Tech Market Emerging Trends & Growing Popularity in upcoming year – Key Players involved in the research like BREXIT TIMELINE, PARLIAMENTARY ROADMAP, BREXIT OUTCOME ANALYSIS
Market Research Hub
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Brexits Impact on Global Tech - Thematic Research
Summary
Brexit - the term used to refer to the UKs planned departure from the European Union (EU) - is one of the most important and controversial political stories of recent times. Technology companies worldwide need to reformulate their strategies and progress action plans in preparation for Brexit. The rejection by Members of Parliament (MPs) of British prime minister Theresa Mays Brexit deal has left the technology industry staring at a No Deal scenario, with potentially severe impacts on the ability of tech companies to service contracts with customers and worries over falling investment and failing competitiveness because of the ongoing political and economic uncertainty.
The report highlights five key areas as challenges that must be overcome to mitigate the impact of Brexit on the tech sector, including: securing the continued free flow of data; ensuring continued access to talent; enabling the frictionless movement of tech products and services across borders; providing alignment on rules covering digital services; and retaining access to EU funding streams.
It lists out the major milestones in the journey towards Brexit, and provides an easy-to-follow parliamentary roadmap showing how the Brexit issue is likely to develop over the coming months.
Scope
- This report summarizes five Brexit scenarios and the corresponding outlook for six tech sectors: hardware, software, internet, TV, telecoms operators and space.
- It is based on interviews with specialists on key issues in each sector.
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Table of Contents
WINNERS AND LOSERS
The big global tech players have the footprint to weather the storm
The biggest loser will be UK Plc
BREXIT TIMELINE
PARLIAMENTARY ROADMAP
BREXIT OUTCOME ANALYSIS
Mays Deal
No Deal
Customs Union
Renegotiated Deal
SECTOR PREDICTIONS FOR BREXIT SCENARIOS
Hardware
Software and services
Internet
TV broadcasters
Telecoms Operators
Space companies
BREXIT IMPACT ANALYSIS
Current State: Macroeconomic concerns
Current State: Regulatory concerns
Hard Brexit situation: Macroeconomic concerns
FURTHER READING
ACKNOWLEDGEMENTS
APPENDIX: OUR THEMATIC RESEARCH METHODOLOGY
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