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TECH SUPPLIER Apr 2018 - Pivot Table - Doc # CHE43686518

China Provincial GDP and IT Spending Forecast, 2018-2022

By: Leon XiaoSenior Research Manager, Vertical Industry Research and Consulting, IDC China

Abstract

This IDC Pivot Table provides the forecast data for China's provincial gross domestic product (GDP) and IT spending for 2018–2022. It includes the data of 31 provinces including perspectives of the nominal GDP value, the real GDP growth rate, IT spending by product category (hardware, software, and IT services), and market data from 2016 to 2022. It can serve as a reference for IT vendors making business plans.

The infrastructure construction and the digital transformation (DX) business across all industries are the key drivers for GDP growth in provinces, and the DX business is becoming the major driver for IT spending growth. The wide adoption of cloud and Big Data helps innovative technologies such as artificial intelligence (AI), robotics, autonomous vehicle, and 5G grow fast and be the key drivers for DX development, which drives IT spending growth and even GDP growth in some regions. These provinces with well-developing DX business and innovative technologies have a faster growth rate in terms of GDP and IT spending.


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