|By Business Wire||
|January 16, 2014 05:37 AM EST||
Research and Markets (http://www.researchandmarkets.com/research/mqbn6l/it_market_in_new) has announced the addition of the "IT Market in New Zealand 2014-2018" report to their offering.
The authors of the report forecast the IT market in New Zealand to grow at a CAGR of 4.75 percent over the period 2013-2018. Commenting on the report, an analyst from the researchers' team said: With the high potential of the IT market in New Zealand, angel and venture investors are showing high interest and are investing heavily in this market. In 2012, 42 percent of all their investment deals were made for the IT Software and IT Service sectors. Also, 28 percent of their total investment was in the overall IT sector. This high investment can also be attributed to the consistently good performance of the companies in the IT sector, which are generating high profit margins and high return on equity. ICE Angel Investments, New Zealand Venture Investment Fund, and Angel Links are some of the prominent investors in New Zealand. Some of the prominent investments made by ICE Angels were in LiveLinkConnect Ltd., Mi5 Security Ltd., and Nextspace Ltd. In addition, in 2013, Valar Ventures and Matrix Partners invested US$150 million in Xero Ltd.
According to the report, the growth of the IT market in New Zealand is driven by several factors, one of which is the increasing need to improve efficiency of business processes. In order to increase operational efficiency and service levels, companies are increasingly adopting IT solutions.
One of the major challenges in the market is the shortage of skilled workforce. Despite the IT industry offering high wage rates when compared to other sectors, the number of IT students graduating from universities is not matching the requirement of the IT market in New Zealand.
Key Topics Covered
1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
6. Market Landscape
7. Category Segmentation
8. Market Segmentation by End-users
9. City-wise Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
- Hewlett Packard
- COMRAD Medical System
- Fronde Systems Group
- Fujitsu New Zealand
- Information Tools
- Konnect Net
- Orion Health
For more information visit http://www.researchandmarkets.com/research/mqbn6l/it_market_in_new
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
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