皇冠体育app

BEIJING - The information and communication technology (ICT) market in 皇冠体育app will grow steadily in the upcoming years, analysts with International Data Corporation (IDC) said on Tuesday.

"皇冠体育app's ICT market will expand at an annual rate of seven percent from 2013 to 2020," predicted Kitty Fok, managing director of IDC 皇冠体育app.

"By 2020, revenue from the information technology market and telecommunication services will both reach $300 billion," said the director of the market intelligence firm.

Wu Lianfeng, associate vice-president of IDC 皇冠体育app, said five factors will decide the future of the business: overall economic strength, government policy, technological progress, industrial restructuring and changes in consumer habits.

Wu said stable economic growth in 皇冠体育app will sustain steady development in ICT. Ambitious targets in shifting the growth model, raising incomes and protecting environment will unlock great opportunities for ICT companies.

Technological progress in robots, 3D printing, the Internet of Things and other related fields will speed up innovation, said Wu.

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