Industry Background:
ICT investment comprises strategic, informational, and transactional types, it contributes to innovation by allowing and facilitating the broader exchange and implementation of ideas required for the innovations. It is the acquisition of equipment and software solutions, in ICT operations use in production. The ICT investment in IoT, big data, cloud computing, content management, security, and other applications.
According to AMA Research, the market for ICT Investment is expected to register a CAGR of 20.3% during the forecast period to 2030. This growth is primarily driven by Growing Demand for the IT & Telecommunication Operations in Various Industries
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Business Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Microsoft Corporation (United States), IBM (United States), Dell (United States), Amazon Web Services (United States), Oracle (United States), Cisco Systems, Inc. (United States), Adobe Inc. (United States) and Huawei (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2021, ICT Group, an industrial-technology solutions provider, and the Consortium consisting of NPM Capital and Teslin announced that a conditional agreement has been reached on a recommended public offer for all of the issued and outstanding ordinary shares in ICT Group for EUR 14.50 (cum dividend) in cash per Share. The Offer represents a total consideration of approximately EUR 140.6 million.
In March 2021, Aricoma Group Acquires the IT company KOMIX. The owners of KOMIX and representatives of the ARICOMA Group signed an agreement on the sale of a 100% share in the company. The transaction is still subject to approval by the Office for the Protection of Competition (ÚHOS). For almost thirty years, KOMIX has been developing bespoke software for e-government, health insurance companies, and major companies such as Škoda Auto, Nestlé or Porsche Czech Republic. In the past, KOMIX has taken part in projects such as electronic sick notes, biometric travel documents, and an information system for the population register.
Influencing Trend:
Technological Advancement in the ICT Investment
Market Growth Drivers:
Growing Demand for the IT & Telecommunication Operations in Various Industries and Demand for Digital Transformation and Investment in the ICT Companies
Challenges:
Stiff Competition in the ICT Investment Market
Restraints:
Regulatory Guidelines & Standards on ICT Investment
Opportunities:
Surging Demand for the ICT Investment in Developing Countries and Growing IoT Operations will Boost the ICT Investment Market
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of ICT Investment Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of ICT Investment Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
• By Designation: C-Level, D-Level, Others
• By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of ICT Investment players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, ICT Investment Study Sheds Light on
— The ICT Investment Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the ICT Investment industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where ICT Investment industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.