Description
The 2017 edition of the BECH Index confirms that world demand for information technology continues to be on the move and that the changes are accelerating. The Americas have experienced a steep decline in the period (2014-2017) due to a drop in the demand from all countries in North, South & Central America. Europe continues to lose its share of global demand although the decline is much slower than in the Americas. Nevertheless, North America and Europe continue to be very interesting areas with some of the biggest markets in the world and because of increasing labor costs and public expenditure, there is a growing need for business analytics and process and cost optimization solutions. The Middle East has stabilized their share and shows a small increase in the 2017 figures. China continues its growth and has, with a 15% increase, further consolidated its position as the second largest information technology market in the world. If the trends continue, China will take the position as the largest market in 2018.
