China Enterprise ICT Investment Trends and Future Outlook by Segments Hardware, Software, IT Services, and Network and Communications

Pages: 42 Published: September 09, 2021 Report Code: GD0383CI

According to survey-based findings from GlobalData’s China Enterprise ICT Investment Trends report 2021, enterprises in China have allocated highest share i.e., an average 18.9% of their ICT budget on ‘internal costs’ in 2020 and plan to spend 20.1% of their planned ICT budget on the same in 2021. The report also reveals that enterprises are expected to allocate second largest share i.e., an average 18.1% of their planned ICT budget on ‘hardware procurement’ in 2021, which is slightly lower than the share they allocated on this spending area in 2020.

The Enterprise ICT Investment Trends 2021 China report summarizes key findings from the GlobalData’s IT decision makers survey carried out in H1-2021, revealing how ICT budgets of enterprises in the country are expected change in 2021 compared to 2020. The report also provides a snapshot of ICT indicators in China by discussing how enterprises in China had distributed their ICT budget in 2020 across their key ICT spending areas, business functions and existing versus new ICT projects, and how they propose to distribute their planned ICT budget across these spending areas and functions in 2021. The report also discusses current and future ICT budget allocations across 33 ICT products & services. The report gives indication of ICT opportunities in China by providing forward-looking insights on ICT spending priorities covering 29 key technology areas for next two years. The report also provide insights about China enterprise digital transformation budget. The report also highlights the percentage of enterprise ICT budget that would be allocated for digital transformation in 2021 as compared to 2020.

To gain more information on Enterprise ICT Investment Trends in China, download a free sample

China Enterprise ICT Budget Allocations Comparative Analysis – 2020 vs. 2021

The report reveals how total ICT budgets of enterprises in the country are expected change in 2021 compared to 2020 and how enterprises ICT budgets changed in 2020 compared to a year before.

China Enterprise ICT Budget Analysis 2020 vs 2021

China Enterprise ICT Budget Analysis 2020 vs 2021

To know more about changes in enterprise ICT budget allocations in China, download a free sample

Majority of the enterprises in China are planning to increase their ICT budget for 2021 compared to previous year

According to GlobalData’s survey, majority of respondents from China claimed that there will be a slight increase (1% to 6%) in their enterprise ICT budget for 2021-22 compared to 2020-21. However, there were also a significant number of respondents who claimed that their enterprises are planning to increase their ICT budgets substantially (>6%).

The report also discusses the level of change expected in enterprise ICT budget allocation in 2021 compared to previous year by:

  • Key spending areas
  • Key business functions

China Enterprise ICT Budget Allocations by ICT Infrastructure Spending Areas – 2020 & 2021

According to GlobalData’s survey, the largest share of the ICT budget in Chinese enterprises will be allocated to internal costs. The report shows how enterprises in China distributed their total ICT budget across the following ICT infrastructure spending areas in 2020, and how they propose to distribute their planned ICT budget in 2021 across these areas

  • Hardware
  • Software
  • ICT services
  • Consulting
  • Network and communication
  • Internal development & maintenance (Internal Costs)
  • Others

Planned Enterprise ICT Budget in China by Key Infrastructure Spending Areas, 2021

Planned Enterprise ICT Budget in China by Key Infrastructure Spending Areas, 2021

For more insights on ICT infrastructure investment in China, download a free sample

China Enterprise ICT Budget Allocations by Key Business Functions – 2020 & 2021

According to GlobalData’s survey, among the business functions production, procurement and operations will receive the largest share of the ICT budget from the enterprises in China. The report shows how enterprises in China distributed their total ICT budget across the following Business Functions in 2020, and how they propose to distribute their planned ICT budget in 2021 across these functions?

  • Production, Procurement & Operations
  • Sales, Marketing and Customer Relations
  • Finance & Accounting
  • Research & Development
  • Human Resources & Legal

Planned Enterprise ICT Budget in China by Key Business Functions, 2021

Planned Enterprise ICT Budget in China by Key Business Functions, 2021

For more insights on ICT business function investment in China, download a free sample

Enterprise ICT Budget Allocations by type of ICT project – 2020 & 2021

According to GlobalData’s survey, the enterprises in China are likely to allocate higher share of their enterprise ICT budget on running existing ICT systems and applications compared to investments on new ICT projects. The report shows what proportion of their total ICT budget in 2021 have the enterprises in China allocated on “existing ICT systems and applications” versus “New ICT projects” and how do propose to distribute their planned ICT budget in 2021 on these existing systems and new projects?

Enterprise ICT budget breakdown: Existing systems Vs New ICT projects – 2021

Enterprise ICT budget breakdown: Existing systems Vs New ICT projects - 2021

For more insights on enterprise ICT budget allocation in China by project type, download a free sample

Enterprise Digital Transformation Budget Allocations in China - 2020 vs 2021

According to GlobalData’s survey, there will be a marked increase in the share of the ICT budget allocated towards digital transformation in 2021 compared to 2020. The report highlights the percentage of enterprise ICT budget that would be allocated for digital transformation in 2021 as compared to 2020, and also offers breakdown of the budget by following digital transformation areas.

  • Artificial intelligence & Machine Learning
  • Blockchain & Distributed Ledger,
  • Automation,
  • IoT
  • Others

Enterprise ICT Budget Allocation for Digital Transformation: 2020 vs 2021

Enterprise ICT Budget Allocation for Digital Transformation: 2020 vs 2021

For more insights on China ICT digital transformation budget, download a free sample

Segment ICT Budget Allocations – 2020 vs. 2021

The report offers segmental budget allocation trends and forecast across 33 ICT products and services covering hardware, software, IT consulting, managed IT services, and network & communications segments.

According to GlobalData’s survey, ‘network equipment’ will account for the largest share of the total China enterprise hardware budget estimated for 2021, which is an increase over the share of hardware budget it accounted for in 2020.

Annual Change in China Enterprise Hardware Budget Allocations

Annual Change in China Enterprise Hardware Budget Allocations

For more insights on segment ICT budget allocation in China, download a free sample

The survey also reveals, ‘enterprise applications (ERP, CRM)’ will account for the largest share of the total China enterprise software budget estimated for 2021, which is a decline over the share of software budget it accounted for in 2020. Similarly, ‘systems design & integration consulting’ will account for the largest share of the total China enterprise IT consulting services budget estimated for 2021, an increase over the share of total enterprise IT consulting services budget it accounted for in 2020.

Enterprise ICT Technology Spending Priorities in China – Future Outlook

The report offers forward looking insights on Chinese enterprises’ ICT spending priorities across 29 technology areas within the following categories:

  • Cloud Computing
  • Network
  • Mobility
  • IoT
  • Outsourcing

China Enterprise Cloud Computing Investment Priority - Now vs. next two years

Largest number of the respondents claimed that their enterprises will invest in cloud management platform in the next two years or that their enterprises have already invested in this cloud computing technology, closely followed by the number of respondents confirming their plans to invest in PaaS. Furthermore, among the cloud deployment model, largest number of the respondents confirmed their plans to invest on private cloud, followed by hybrid cloud.

Cloud ComputingTechnology Investment Priority – Current Vs Next Two Years

Cloud ComputingTechnology Investment Priority – Current Vs Next Two Years

For more insights on China enterprise cloud budget allocation, download a free sample

China Enterprise ICT Investment Trends Overview

Analysis Period 2020-2021
Enterprise ICT Budget Allocations and Outlook Business Functions, Key Spending Areas (ICT Products & Services), Existing vs. New Systems
Key ICT Infrastructure Spending Areas Hardware, Software, ICT Services, Consulting, Network and Communication, Internal Development & Maintenance (Internal Costs), and

Others

Key Business Functions Production, Procurement & Operations, Sales, Marketing and Customer Relations, Finance & Accounting, Research & Development, and Human Resources & Legal
Enterprise ICT Budget Allocations on Digital Transformation Overall Digital Transformation Budget Allocation, and by Digital Transformation Areas
Key Digital Transformation Areas Artificial intelligence & Machine Learning, Blockchain & Distributed Ledger, Automation, IoT, and Others
Segment ICT Budget Allocations Hardware, software, IT consulting, managed IT services, network & communications,
Enterprise Technology Priorities and Spending Preferences Cloud Computing, Network, Mobility, IoT and Outsourcing

China Enterprise ICT Investment Trends Report Scope

The survey-based report provides an overview of the following –

  • Enterprise ICT Budget Allocations – 2020: Overview of survey findings for enterprise ICT budget allocations across key spending areas, business functions, and existing vs new systems for current year
  • Enterprise ICT Budget Outlook – 2021: Overview of survey findings for enterprise ICT budget outlook across key spending areas, business functions, and existing vs new systems for 2021
  • Enterprise ICT Budget Allocations – 2020 vs. 2021: Overview of survey findings regarding changes in the enterprise ICT budget allocations in 2021 compared to the previous year across key spending areas, business functions, existing vs new systems, as well as for digital transformation
  • Segment ICT Budget Allocations – 2020 vs. 2021: Overview of survey findings regarding enterprise ICT budget allocations in 2020 and 2021 across the key ICT segments including software, hardware, IT consulting, managed IT services, and network & communications.
  • Future Outlook – Enterprise Technology Priorities: Overview of survey findings on enterprise investment priority for key technologies current vs next two years
  • The survey was conducted in H1 2021 via an online methodology, with respondents all having ICT decision maker responsibility (typically CIOs and IT Managers). GlobalData plans to repeat the survey in H1 2022, in order to monitor ICT budget changes on an ongoing basis.

Reasons to Buy

  • This survey report offers a thorough, forward-looking analysis of China’s Enterprise ICT Investment Trends and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
  • Accompanying GlobalData’s IT Customer Insight Survey, the report examines the ongoing and upcoming trends in enterprise IT spending within China.
  • With more than 30 charts the report is designed for an executive-level audience, boasting presentation quality.
  • The report provides an easily digestible market assessment for decision-makers built around research gathered from the local IT decision makers, which enables executives to quickly get up to speed with the current and emerging trends in China’s Enterprise ICT Spending.

Table of Contents

Table of Contents

Executive Summary

Key Findings

Survey Demographics

Enterprise ICT Budget Allocations – 2020

Enterprise ICT Budget Outlook – 2021

Enterprise ICT Budget Allocations – 2020 vs 2021

Segment ICT Budget Allocations – 2020 vs 2021

Future Outlook – Enterprise Technology Priorities

Appendix

Frequently Asked Questions

$2995

Can be used by individual purchaser only

$8985

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 (0) 20 7947 2960

GDPR + CCPA Compliant

Personal and transaction information are kept safe from unauthorised use.

Recently Viewed Reports

Looking to stay on top of industry & market trends?

Sign up to receive regular alerts for our latest analysis and reports. No matter your industry focus, you can keep your finger on the pulse with our timely updates.