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Collapse began in the IT services market in the United States

26.04.2018
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According to statistical research in the IT market, negative trends are observed. So in the 2nd quarter of 2011 there was a tendency to reduce the number of concluded contracts in this area, compared with the same period last year. Sometimes this figure reached 40 % – this is the minimum level that has been reached over the past 8 years in the IT services market.

Among other things, analysts once again recorded a significant decrease in the number of large contracts. In the 2nd quarter of 2011, the total number reached 384 – this figure is 20% lower than in the same period of the past, 2010. Summarizing the above, it can also be noted that in addition to reducing the number of contracts, services become cheaper.

European customers accounted for about 55% of the entire private sector of the world market of high -tech services. The main customers were representatives of Finland, Denmark, Sweden and Norway. To compare, you can take North America. Previously, this sector was considered the main consumer of IT services. And in the second quarter of 2011, the figure amounted to only 15.5% of the total private sector, in contrast to 39% for the same period last year.

According to all the same statistical studies, the total amount of all transactions concluded in the 2nd quarter of 2011 amounted to 19 billion. dollars. This indicator is the lowest from the 1st quarter of 2003. It is also worth noting that not a single major contract was concluded, the amount of which would reach 2 billion. dollars and more. The largest transactions were recognized: a five -year contract concluded with the tax police in Australia for the supply of high -tech computer equipment (500 million. dollars) and two contracts, the amount of which does not exceed 1000 million. dollars. The creation of online stores website for the implementation of the supplied computer equipment to different countries of the world is becoming increasingly popular.

According to analysts, a similar situation should cause anxiety. Many of them predicted higher indicators. And reality caused great disappointments. And the situation does not improve, but it gets worse. All transactions concluded are insignificant and their number is constantly reduced. The future is very alarming. The market fell into a decline in connection with a fall in demand, especially private companies from the USA. All of the above can be attributed to the state sector, transactions with which have always been concluded for large amounts.

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