Today we publish our third annual report outlining the main trends affecting the UK public sector software and IT services (SITS) market and highlighting where suppliers will find rare growth opportunities. 2011 was another difficult year for SITS suppliers targeting the UK public sector with the market declining by 2.3% in actual terms to be worth £11.5b. All sub-segments (bar police) fell into negative growth territory with the education sector taking the prize for the worst performing sub-segment.
Suppliers hoping to see an improving picture this year will be disappointed as we predict a 3.1% decline in market size. Indeed, over our forecast period to 2015, the compound annual growth rate (CAGR) will only just reach positive growth territory in actual terms. In real terms, the market (at 2010 prices) will be worth £1bn less in 2015 than in 2010. Budgets remain under pressure and ICT is still too often considered an expense rather than an opportunity to innovate and transform public service delivery cost effectively. Subscribers to TechMarketView’s PublicSectorViews subscription service can delve into the trends impacting demand in the six UK public sector sub-segments – central government, local government, education, health, police and defence – by downloading the UK public sector SITS market trends & forecasts September 2012 report now. If you’re not yet a subscriber please get in touch with Deb Seth.
Posted by Georgina O'Toole at '09:29'
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