Singapore:
In 2002, the
consulting services market is headed for growth and changes. The
market is expected to grow with the 2000-2005 CAGR of 13.81 and to
reach US $28.5 billion by 2005. The changes expected to occur in 2002
will require consulting vendors to re-evaluate their strategies,
business models, and the ways in which they conduct their business.
 A
major change IDC (www.idc.com.sg)
has identified for 2002 is a blurring distinction between business and
IT-consulting services. One reason for this change is the increase in
the size and complexity of the nature of IT projects.
"Companies can no longer look at an e-business initiative as a
sole effort. They need to be put in the context of the firms
overall business issues, challenges, goals, and capabilities,"
reports Anna Danilenko, IDCs consulting services programme manager.
"Another reason is because the e-business rush is over. Because
of the dotcom meltdown, larger companies dont feel threatened by
emerging innovative players and they dont have to rush into new
e-business initiatives any longer."
In a new study from IDCs consulting services programme (IDC
#26332), the top 10 predictions for the consulting services market in
2002 are revealed. In addition, the document includes:
* Recommendations for
consulting vendors on how to address the market changes.
* The analysis of the reasons for change in the consulting space.
* Market outlook.
* Business and IT-consulting markets forecasts.
The forecast numbers reported
in the document were supplied by an earlier report entitled, US and
Worldwide Consulting Services Market Forecast and Analysis 2001-2005
(IDC #24702), published by Danilenko. A report that focuses on
business and IT-consulting provides a comprehensive overview and
analysis of the worldwide and US consulting services market.
It also examines spending by region and industry verticals and
includes market-sizing and forecasts for 2000-2005. Lastly, the report
analyses major market trends, drivers, and inhibitors of the following
regional markets.
IDC is the foremost global
market intelligence and advisory firm, helping clients gain insight
into technology and e-business trends to develop sound business
strategies. Using a combination of rigorous primary
research, in-depth analysis, and client interaction, IDC forecasts
worldwide markets and trends to deliver dependable service and client
advice.
More than 700 analysts in 43 countries provide global research with
local content. IDCs customers comprise the worlds leading IT
suppliers, IT organisations, e-business companies, and the financial
community.
|
