IT Industry Business Confidence Report: H1 2017

ReportsWorldwide has announced the addition of a new report title IT Industry Business Confidence Report: H1 2017 to its growing collection of premium market research reports.

GlobalData’s "IT Industry Business Confidence Report: H1 2017" examines executives’ opinion about the business environment during H1 2017. It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and key priorities. Additionally, the report provides information categorized by region.

The existing economic environment is stable for the IT industry during H1 2017 (February 2017-July 2017). Survey results reveal that executives operating in North America project a more favorable opinion about the economic prospects in the region for H1 2017. Significant growth in household spending, rise in GDP rate, increased government infrastructure outlays, growing consumer confidence, and the fall in the unemployment rate, are identified as the key contributing factors to the favorable opinion. Executives foresee an increase in expenditure on new product development over the next six months. Moreover, customer retention, and protecting and growing market share are the main priorities for survey respondents in H1 2017.

To Enquire about this Report please visit @ https://www.reportsworldwide.com/enquiry?report_id=21053

Scope of the Research Report

- In total, 49% of survey respondents state that the current economic environment is stable, whereas 33% of respondents indicate that the economic condition is very favorable or favorable

- The majority of executives operating in North America have a more favorable opinion about their region

- The positive outlook towards company growth over the next six months is highest among executives with business operations in North America

- On average, IT industry executives project an increase of 3.3% in supplier prices for software products over the next six months

- Customer retention, protecting and growing market share, and improving operational efficiency are the main priorities for survey respondents in H1 2017.

To view a detailed description and Table of Contents please visit: https://www.reportsworldwide.com/report/it-industry-business-confidence-report-h1-2017

Reasons to buy

- Helps organizations to make effective business strategy decisions by knowing the prevailing business conditions and sentiment within the IT industry

- Organizations will be supported in business expansion decisions by providing information about projected change in sales performance and supplier prices

- Helps to improve operational efficiency of the organization by knowing about key priorities and the main concerns of IT industry executives

- Helps to alter investment allocation by understanding key focus areas highlighted by survey respondents during H1 2017

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This release was published on openPR.