LONDON--(BUSINESS WIRE)--Technavio has been monitoring the IT spending market by audit firms and it is poised to grow by USD 2.77 bn during 2019-2023, progressing at a CAGR of 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentratation will accelerate during the forecast period. Cisco Systems Inc., Dell Technologies Inc., IBM Corp., Microsoft Corp., and SAP SE, are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Integration of blockchain technology has been instrumental in driving the growth of the market.
IT Spending Market by Audit Firms 2019-2023 : Segmentation
IT Spending Market by Audit Firms is segmented as below:
-
Type
- IT Services
- IT Software
- IT Hardware
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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IT Spending Market by Audit Firms 2019-2023 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our IT spending market by audit firms report covers the following areas:
- IT Spending Market by Audit Firms size
- IT Spending Market by Audit Firms trends
- IT Spending Market by Audit Firms industry analysis
This study identifies increasingly adopting AI techniques as one of the prime reasons driving the it spending market by audit firms growth during the next few years.
IT Spending Market by Audit Firms 2019-2023 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the IT Spending Market by Audit Firms, including some of the vendors such as Cisco Systems Inc., Dell Technologies Inc., IBM Corp., Microsoft Corp., and SAP SE. Backed with competitive intelligence and benchmarking, our research reports on the IT Spending Market by Audit Firms are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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IT Spending Market by Audit Firms 2019-2023 : Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist it spending market by audit firms growth during the next five years
- Estimation of the it spending market by audit firms size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the it spending market by audit firms
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of it spending market by audit firms vendors
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- IT services - Market size and forecast 2018-2023
- IT software - Market size and forecast 2018-2023
- IT hardware - Market size and forecast 2018-2023
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Integration of blockchain technology into audit software
- AI-based audit management
- Audit management software with predictive analytics
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Cisco Systems Inc.
- Dell Technologies Inc.
- IBM Corp.
- Microsoft Corp.
- SAP SE
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.