Forrester notes turbulence in China's tech market

11.10.2012

The ongoing continued turbulence in the Chinese tech market will increase spending in the software and services sector but will bring down investments on communications equipment or computers and peripherals.

Forrester has noted a decrease in the use of illegal software products in the public sector and at state-owned enterprises (SOEs) and expects the overall software market to grow by about 14 percent in 2013.

The use of pirated software at state-operated enterprises (SOEs) has also decreased over the past two to three years, but there has been no decrease in the use of illegal software in the private sector.

IT consulting services will grow by 17 percent in 2012 and more export-focused Chinese companies will need IT consulting services to build their customer relationship management (CRM) and local supply chain management (SCM) solutions when expanding in the domestic market.