Gartner has published its top five IT predictions for China in 2013 and beyond, as China’s IT market undergoes major transformation, especially in cloud and mobility. Analysts said that although China’s IT market has similarities with the global IT market, it also faces challenges and opportunities that are very specific to the Chinese marketplace.
Enterprise spending on IT in China is forecast to grow from US$117.8 billion in 2013 to reach $172.4 billion in 2016, representing a compound annual growth rate of 8 percent, compared to a global growth rate of 3 percent over the same period, according to Gartner.
“In common with many emerging markets, cloud and mobile initiatives are hot and enterprises are also making progress in adopting virtualisation technologies, a key stepping stone in the journey to cloud,” said Matthew Cheung, principal research analyst at Gartner. “Without the legacy systems that hamper many western enterprises, Chinese organisations have an opportunity to leapfrog in the adoption of new technologies. However, the current hype around cloud could also result in its failure to live up to market expectation in a few years time. In mobility, China is a market characterised by strong local flavors, especially in the fast growing smartphone and tablet markets.”