IT Market in ANZ 2015-2019 with AWS, Google, HP & IBM Dominating

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Feb 10, 2015, 10:58 ET

DUBLIN, Feb .10, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/g7s3t6/it_market_in_anz) has announced the addition of the "IT Market in ANZ 2015-2019" report to their offering.

The IT market in ANZ to grow at a CAGR of 5.08% 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.

The increased adoption of cloud computing is one of the major trends in the market. These emerging technologies offer new growth opportunities across different verticals of business enterprises in the IT market.

According to the report, an increase in IT initiatives taken by the government is one of the major drivers in the market. The ANZ government undertook a number of initiatives exerting a positive impact on the market besides enhancing the opportunities across different industry projects for IT vendor.

Further, the report states that the increase in cyber and security threats is one of the major challenges in the market. The advances in web technology have had Australians and New Zealanders depend on the internet for their business requirements and socializing purposes. A rise in workforce mobility has also led to an increase in internet usage, resulting in increased security threats.

Key Vendors