DUBLIN, Feb .17, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/c3bq9g/it_market_in_hong) has announced the addition of the "IT Market in Hong Kong 2015-2019" report to their offering.
The IT market in Singapore to grow at a CAGR of 7.60% over the period 2014-2019
IT is an integrated platform that includes hardware, software, and services that help organizations store, process, transmit, and retrieve information. The IT department of an organization is responsible for all IT-related services, software, and solutions that integrate and streamline various processes to facilitate the smooth functioning of the organization. This helps organizations align business processes with various technologies and improve overall efficiency. IT also helps organizations align their business processes with various technologies.
Growing popularity of cloud computing is one of the major trends emerging in the market. Many small and medium enterprises in Hong Kong are increasingly realizing the advantages of adopting this technology. Some of the benefits associated with cloud computing include increased flexibility of IT processes, economies of scale in the long run, accessibility to data anytime and anywhere, and less spending on IT infrastructure, among others.
According to the report, increased government initiatives to support the growth of IT in the country are one of the major drivers of the market. The government has introduced a number of initiatives, which are positively influencing the IT market in Hong Kong.
Further, the report states that shortage of skilled professionals is one of the major challenges that the market faces. The huge amount of brain drain in Hong Kong and dearth of available graduates in the IT sector has posed major challenges to the future of the IT market in Hong Kong.
- Cisco Systems
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Category
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/c3bq9g/it_market_in_hong
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets