Transcript Slide 1
Digital Planet 2010 The Global Information Economy October 2010 www.witsa.org 7/17/2015 WITSA produces Digital Planet biennially, using data provided by IHS Global Insight. The report covers the world’s 75 largest ICT buying nations in six regions. ICT spending is measured at the national level, by 14 industry segments plus consumer spending, and by four technology categories. The report is now available for purchase on the WITSA web site at http://www.witsa.org at a regular price of $100.00 (USD). A special discounted rate for 2 students is also available. www.witsa.org Revised Spending Projections 7/17/2015 Global ICT Spending The Great Recession fostered a decline of 3.0% in global ICT spending in 2009, thereby resetting the industry growth trajectory to one that will take until beyond 2013 to fully recover. ($US Trillions) 5.0 4.5 4.0 3.5 3.0 DP 2010 2.5 DP 2008 2.0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 3 www.witsa.org The cumulative gap between the current and previous Digital Planet forecasts represents approximately $US 1.5T in unrealized sales of ICT products and services. Global ICT Spending 2004-2013 7/17/2015 ICT sector contracted (Annual Percent Change) by $US 108B (-3.0%) 12.3% in 2009. 10.3% Major pain points 10.3% 8.7% 7.7% 7.9% were the computer 7.4% 7.3% 13.0% hardware and 6.3% 6.5% communications 8.0% 7.8% equipment 8.5% 6.8% (collectively shrank 4.3% 3.6% 3.8% 3.5% $US 71B) Surge in ICT spending DP 2010 in 2011, then longDP 2008 -3.0% term growth moderating to 6%. 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Global ICT Spending 15% 10% 5% 0% -5% 4 www.witsa.org Spending by Region 7/17/2015 All regions will grow 2011-13. Americas will grow the slowest at 5.9% per year from 2009 through 2013, while Asia-Pacific will post compound annual growth of 9.5%. Despite its slower growth rate, the Americas will maintain a slight edge over the other regions as the largest market for ICT product and services (34.6% in 2013). However, Asia-Pacific's share of market will rise from 28.8% in 2009 to 31.1% in 2013. 5.0 Global ICT Spending by Region[1] 4.0 ($US Trillions) 3.0 2.0 1.0 0.0 5 2004 2005 2006 2007 Americas 2008 2009 2010 Asia-Pacific www.witsa.org 2011 EMEA 2012 2013 Growth by Technology Group 2004-2013 7/17/2015 ($US Trillions) 3.0 All four technology groups will grow 2010-2013 Communications technology dominates the ICT sector, accounting for approx 58% of spending over the forecast period. 2.5 2.0 With nearly 20% of the market, Services will post the fastest growth at 7.9% 1.5 1.0 Software, Communications, & Hardware will grow 7.7%, 0.5 7.4%, and 6.6% CAGR thru 2013. Lower growth 0.0 for hardware due to 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 declining system prices. 6 Hardware Software Services Communications www.witsa.org Global ICT Spending by Market Segment ($US Trillions) 5.0 Consumer ICT market growing rapidly: 2004: 28.8% of ICT market 4.0 2013: Consumers1/3 of market (demand for mobile devices: smartphones, netbooks, tablets) 3.0 2.0 1.0 0.0 2004 7 2005 2006 2007 2008 Consumer 2009 2010 2011 2012 Business & Govt www.witsa.org 2013 Telecom sector: fastest growth thru 2013 (12.5%) due to demand for mobile voice/data services. Most of expansion to occur thru 2011, moderating to 5.9% in 2013. Consumer vs. B2B Commerce 7/17/2015 Total value of goods & services commerce globally peaked at $US 103 trillion in 2008 & will surge to $US 124 trillion in 2013 ($US Trillions) 140 120 100 Total business-to-consumer commerce to average 34% of market thru 2013 80 B2B commerce account for remaining 66%. 60 40 20 0 2004 8 2005 2006 2007 2008 Consumer 2009 2010 Business & Govt 2011 2012 2013 www.witsa.org B2B large share as businesses upgrade ICT to reduce costs, boost labor productivity & enhance competitiveness in global markets. ICT As Percent of World GDP 7/17/2015 As % of total GDP, ICT spending remained relatively stable from 2004 to 2006. 7.0% 6.8% By the Q4 2007, ICT spending as a percent of GDP began to decline. 6.6% This ratio will bounce back to 6.4% in 2011 before trending towards 6.2% beyond 2013. 6.4% 6.2% Extended technology refresh cycles produced by recession will remain 6.0% thru forecast period. 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 9 www.witsa.org ICT Growth Patterns & Forecasts 7/17/2015 (% Growth) ICT spending growth vary significantly across world regions. World Comparing pre-and post-recession, emerging markets in Africa, Europe and Middle East to grow faster than advanced economies in North America & Europe N. Amer. Europe Africa L. Amer. Asia-Pac. Middle East -10% 10 -5% 0% 2004 - 2008 5% 10% 2009 15% However, ICT spending in emerging markets will grow substantially slower 20% 25% than pre-recession levels. 2010 - 2013 www.witsa.org Nature of the Recovery 7/17/2015 Telecom sector will experience significantly higher postrecession growth rates Consumer spending will cool - still slightly faster than overall market Telecom & consumer market symbiosis: Consumers buying low-cost mobile devices &voice/data services vs. telco’s investment in infrastructure needed to service consumer demand Most other industry sectors to experience flat to declining growth rates. Sectors that create value through data, knowledge and services (e.g., Telecom and Financial Services) have higher ICT Intensity Least ICT-intensive segments: Manufacturing and 11 Construction www.witsa.org ICT Spending by Market Segment 7/17/2015 ($US Billions, Percent Growth) Market Segment Consumer Financial Services Government Services Manufacturing Telecom Transportation Healthcare Retail Trade Wholesale & Distribution Hosp., Hotels & Leisure Energy and Utilities Construction Natural Resources Educational Services 12 Total % Growth 2009 1,132,967 342,228 300,909 276,976 274,510 268,460 196,057 159,658 123,930 106,956 93,327 82,391 70,588 50,929 38,432 www.witsa.org 3,518,316 2004-08 2008-09 2009-13 9.6% 6.6% 6.6% 6.7% 8.3% 5.7% 6.3% 7.1% 6.3% 7.6% 7.8% 8.7% 9.8% 11.8% 7.1% 7.8% 1.6% -3.1% -2.1% -3.4% -4.0% -21.8% 2.9% -1.3% -3.4% -1.4% -2.8% -3.8% -2.0% -2.3% -2.3% -3.0% 7.7% 7.3% 4.0% 6.9% 7.0% 12.5% 5.7% 7.2% 6.3% 6.4% 7.4% 7.4% 8.3% 7.8% 7.2% 7.4% Output/Total Spending by Market Segment 7/17/2015 Market Segment 2009 ICT Spending (US$M) Telecom Financial Services Transportation Healthcare Consumer Government Hosp., Hotels & Leisure Retail Trade Wholesale & Distribution Educational Services Energy and Utilities Services Natural Resources Manufacturing Construction 13 Overall 268,460 342,228 196,057 159,658 1,132,967 300,909 93,327 123,930 106,956 38,432 82,391 276,976 50,929 274,510 70,588 www.witsa.org 3,518,316 2009 Output (US$T) 2,339 5,199 3,843 3,908 32,916 7,874 2,939 3,681 4,331 2,943 7,055 17,821 3,366 23,890 5,575 127,678 ICT as % of Output 11.5% 6.6% 5.1% 4.1% 3.4% 3.8% 3.2% 3.4% 2.5% 1.3% 1.2% 1.6% 1.5% 1.1% 1.3% 2.8% 7/17/2015 Comments? Dr. Jim Poisant, Secretary General [email protected] Tel. +1 703 728-4547 Anders Halvorsen, Director of Public Policy [email protected] Tel. +1 571 265-5964 14 www.witsa.org