IDC Korea says the 2007 domestic IT market's growth is forecast to be 3.4% which is lower than the numbers for 2006, which stand at 5.3%. This is due to the overall decline of hardware. Software and services are expected to lead the market. They also foresee the major issue and trend of domestic information telecommunication market 2007 and introduced Top 10 Predictions of 2007.
3.4% growth for 2007 domestic IT market
The 2007 world IT market will grow 6.6% while the domestic IT market is estimated to grow 3.4%. The domestic market shows a gradual rise same as the world market. The overall decline of hardware will be maintained and software and service will lead domestic IT market.
Virtualization 2.0, which is focused on business integration, will be regularized for IT infrastructure
Increased cost reduction, flexibility, efficiency oriented software and outsourcing service markets are expected as benefits, as well as increasing interests of applying modulation as an aspect of server and storage.
Increase of the importance of dynamic information platform area
Active reactions and fast decision making in a rapid changing business world is very important. It is related to company strength as well as cost reductions. Specifically, approaching platforms and integrating new data management skills will be generalized.
Activation of SOA based composite application integration
Applying services and process optimized SOA based application platforms will revitalize composite application markets.
Application of a new business model will be embossed as the element of differentiation
Various business models will appear on the market as method of providing service through the integration of software and service. Applying Software as a Service model is gradually increasing and existing SI companies will try to make their IT services into packages as software and try to build a new ecosystem for the new business model.
Union of Network Service will make steady progress
FMC will be shown as integration of application service through mutual complement and competition. Especially, integration as IP environment will encourage application compatibility and the competition will be continued for finding a new killer application such as unified communication.
In the mobile communication market, HSDPA related issue will keep being proposed
After ensuring whole country service network of HSDPA, the data sector which has various price systems and service is expected to grow in the mobile communication market.
Changes of PC and consumer market will be continued due to real application of 64 bit
Despite the limited effect on the 2007 PC market, applying 64 bit architecture will encourage demand for the new software and services and the expectation of the new computing environment.
Wide spread of dynamic IT oriented IT environment introduction
As companies' IT related investment is shown as conservative, effort to make dynamic IT environment as a new changing target will be popular beyond all the problems in the IT market. Between major industry markets there will be an investment focused on reinforcement competition power, globalization, and efficiency in the manufacturing industry market. In the financial market there will be a huge new banking system application and an increasing investment in the back office area focused on self-efficiency.
There will also be an investment in a compliance area related to various risk management such as Basel II. In the public market, even though the investment in IT is expected to be reduced, there will be good opportunities in managing demand for existing investment business, public service areas like a united G2C, and result measurement.
Change is the never ending trend
The changing trend of the elements of the IT market, client, company, and market will be speedy in 2007. Generally, the changes of the clients are leading the market. Overcoming complexity crisis in the past and pursuing a simple flexible environment through modulating, compositing, and integrating to make a dynamic IT environment is the changing focus.
