Abstract
This IDC study presents the dynamics and development trends of the China power
industry IT applications. IDC analyzes the key IT application solution markets
and the competitive landscape of 2007. The study provides a forecast of the
power industry IT application and solution market for the next five years and
uncovers the competitive structure of major solution providers of the 2007
power industry solution market in China. In addition, an analysis of the
overall industry IT spending by solutions and regions and development trends of
major power industry IT solution markets are also presented.
"The China power industry IT solution market totaled at RMB 4.15 billion in
2007 and will reach RMB 8.19 billion by 2012, with a 2007-2012 compound annual
growth rate (CAGR) calculated at 14.5%," says Jeffery Dong, research manager,
Vertical Research and Consulting, IDC China. "Over the next five years, the top
5 fastest growing solutions will be the power marketing system, power trade
system, business assets management, geographical information system, and
enterprise resource planning, with 2007-2012 CAGRs calculated at 38.8%, 37.1%,
29.9%, 17.4%, and 15.2%, respectively."
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