DUBLIN, Apr. 23, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/snzds9/it_market_in_new) has announced the addition of the "IT Market in New Zealand 2014-2018" report to their offering.
The analysts forecast the IT market in New Zealand to grow at a CAGR of 4.75 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing need to improve efficiency of business processes. The IT market in New Zeeland has also been witnessing the growing interest from angel and venture investors. However, the shortage of skilled workforce could pose a challenge to the growth of this market.
The report, the IT Market in New Zealand 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on New Zealand; it also covers the IT market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Category Segmentation
08. Market Segmentation by End-users
09. 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
19. Other Reports in this Series
- 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/snzds9/it_market_in_new
Media Contact: Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets