Posts Tagged ‘IBISWorld’
New Data for Contract Management Software Procurement Category Market Research Report from IBISWorld
New Data for Contract Management Software Procurement Category Market Research Report from IBISWorld
Los Angeles, CA (PRWEB) March 07, 2015
Contract management software has a buyer power score of 4.2 out of 5. This score indicates that buyers are in a favorable position to negotiate price discounts or package deals from providers. Prices for contract management software have been stable during the past three years, and they are anticipated to remain stable in the three years to 2017. “Due to growing business activity and an increasing utilization of software for business processes, demand for contract management software has grown steadily,” according to IBISWorld business research analyst Dale Schmidt. Despite higher demand, competition and the rising prevalence of cloud computing technology in the market have moderated price increases. Competition has increased as more providers have entered the market, putting pressure on providers to lower prices. California is home to Silicon Valley, a highly concentrated area of technology companies and many of the top computer science universities in the world. As a result, many contract management software providers, such as SAP, IBM and Sciquest, have their headquarters in California. The use of cloud computing technology, meanwhile, has lowered the cost of delivery, and suppliers have passed on these cost savings to buyers in the form of lower prices.
Buyers also benefit from low market risk. Contract management software providers are not dependent on any critical inputs that may interrupt the supply chain or create significant price fluctuations. As a result, buyers can expect reliable and steady access to contract management software to manage their contracts. Also, most providers have seen healthy revenue growth in the past three years, although buyers should be aware that smaller providers might not be as financially stable as larger and more established software publishers.
Buyers also benefit from the high availability of substitutes. “Buyers can use document management software or manual, paper-based systems to manage their contracts instead of this market’s software. In addition, buyers can seek price discounts by comparing prices for these substitutes with the price of contract management software. Furthermore, market share concentration and product specialization are low, which benefits buyers because it indicates that there are a large number of providers that can provide contract management software,” Schmidt says. That said, switching costs are medium, creating some risk that buyers may be locked in with their provider. As such, buyers should take their time to evaluate and select the right supplier. For more information, visit IBISWorld’s Contract Management Software procurement category market research report page.
Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Like IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189
IBISWorld Procurement Report Key Topics
This report is intended to assist buyers of contract management software. This software is used to author, store, organize and analyze a buyer’s various contracts to help them structure better deals, remove revenue recognition delays, consolidate contract value, avoid contract penalties and more. This report excludes procurement software and other sourcing software. Contract management software may also be referred to as contract life cycle management software.
Executive Summary
Pricing Environment
Price Fundamentals
Benchmark Price
Pricing Model
Price Drivers
Recent Price Trend
Price Forecast
Product Characteristics
Product Life Cycle
Total Cost of Ownership
Product Specialization
Substitute Goods
Regulation
Quality Control
Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Imports
Competitive Environment
Market Share Concentration
Market Profitability
Switching Costs
Purchasing Process
Buying Basics
Buying Lead Time
Selection Process
Key RFP Elements
Negotiation Questions
Buyer Power Factors
Key Statistics
About IBISWorld Inc.
IBISWorld is one of the world’s leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorld’s procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Copier & Office Equipment Wholesaling in the US Industry Market Research Report from IBISWorld Has Been Updated
Copier & Office Equipment Wholesaling in the US Industry Market Research Report from IBISWorld Has Been Updated
New York, NY (PRWEB) December 29, 2013
The Copier and Office Equipment Wholesaling industry has suffered from tough market conditions over the five years to 2013. Low business sentiment and a decrease in the number of businesses after the recession reduced new and replacement office equipment demand, causing industry revenue to fall. During the recession, revenue marked its steepest decline, falling 9.8% and 17.5% in 2008 and 2009, respectively. Overall, revenue is estimated to decline at an annualized rate of 0.6% to $ 37.2 billion in the five years to 2013. Fortunately for the industry, demand conditions have slowly improved since 2010; as the US economy slowly began its recovery, the number of businesses and corporate profit rose. To this end, IBISWorld expects that revenue will increase 9.9% in 2013, aided by an increase in the number of new businesses and a rising business sentiment index, manifesting in greater demand for new office equipment.
According to IBISWorld Industry Analyst Zeeshan Haider, “In addition to weakened downstream demand, revenue for wholesalers has been hampered by the practice of wholesale bypass, whereby manufacturers forego wholesale distributors entirely and sell directly to retailers.” For example, point-of-sale equipment manufacturers like Dell and NCR Corporation have increasingly relied on direct sales models through their sales forces rather than distribution through wholesalers, reducing demand for operators. Manufacturers believe that vertically integrating and selling directly to end consumers, as opposed to using wholesalers and independent retailers, gives them a unique advantage in how they present their product to potential consumers, and it also allows them to record and quickly act on the feedback they receive. In response, industry players have sought out ways to mitigate losses caused by wholesale bypass, including automating their inventory control processes.
Despite these efforts, wholesale bypass is expected to continue restraining industry revenue growth in the five years to 2018. Nonetheless, “increasing demand and an improving business sentiment index will help the industry rebound marginally,” says Haider. As the economy recovers from its recessionary lows, the number of businesses and white-collar jobs are projected to rise through 2018, which will lead to higher sales.
For more information, visit IBISWorld’s Copier & Office Equipment Wholesaling in the US industry report page.
Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld.
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189.
IBISWorld industry Report Key Topics
The Copier & Office Equipment Wholesaling industry wholesales a range of office equipment, like calculators, dictating machines and mail machines. Operators also wholesale automated teller machines (ATMs) and point-of-sale systems. The industry does not in wholesale office furniture, computers, computer software and peripheral equipment, stationery or office supplies.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Computer Printers Procurement Research Report Now Available from IBISWorld
Computer Printers Procurement Research Report Now Available from IBISWorld
Los Angeles, CA (PRWEB) November 06, 2013
Computer printers have a buyer power score of 4.0 out of 5.0. The score reflects a beneficial pricing trend for buyers, with a steady decline during the past decade. Price-based competition has led to falling prices and greater purchasing power for buyers as vendors undercut each other’s prices. “Because of suppliers’ low profit margins and high competition from manufacturers overseas, buyers have some leverage when negotiating price; however, due to high market share concentration, buyers have few alternative suppliers to choose from,” IBISWorld procurement analyst Andrew Krabeepetcharat says.
There is no prevailing market price for computer printers because each printer is priced based on variety of factors. “The prices for computer printers are generally determined by quality, speed, variety of functions and reliability,” Krabeepetcharat says. Computer printers within a certain set of specifications have a low level of variability; however, computer printer suppliers offer a wide range of printers with different print qualities, speeds and functions, resulting in a broad price range. The HP Deskjet Printer 1000 can be purchased for $ 35, representing the low end of the price range, but a high-end, consumer-level printer with photo capabilities can cost more than $ 10,000, representing the high end of the price range. Currently, the market’s largest players include Canon Inc., Dell Inc., Hewlett-Packard Company and Samsung.
The price of computer printers has been declining in the past decade. This is mainly because of the falling price of semiconductors and electronic components, which has prompted manufacturers and retailers to lower market prices to undercut competitors. During the three years to 2013, growing private investment in computers and software, and higher corporate profit have increased demand for computer printers, allowing suppliers to maintain prices that otherwise might not be possible. However, as the percentage of services conducted online continues to grow rapidly, computer printers will continue to become less essential for businesses, reducing overall demand and prompting suppliers to lower prices to incentivize buyers.
Due to a steady trend in declining prices, buyers do not need to enter into any long-term contracts. To avoid holding onto outdated equipment, buyers should purchase computer printers when they are needed. Furthermore, switching costs for buyers are low, giving buyers more influential negotiating power. Major vendors will offer competitive prices and customer service in an attempt to keep existing customers. For more information, visit IBISWorld’s Computer printers procurement research report page.
Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189
IBISWorld Procurement Report Key Topics
This report is intended to assist buyers of computer printers. Computer printers are peripheral machines that create an image on paper from an electronic document. Computer printers also often include scanning, faxing and document-copying functions. This report does not include high-capacity commercial printing devices or large-scale photo printing. Suppliers include manufacturers, wholesalers and retailers.
Executive Summary
Pricing Environment
Price Fundamentals
Benchmark Price
Pricing Model
Price Drivers
Recent Price Trend
Price Forecast
Product Characteristics
Product Life Cycle
Total Cost of Ownership
Product Specialization
Substitute Goods
Regulation
Quality Control
Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Imports
Competitive Environment
Market Share Concentration
Vendor Financial Benchmarks
Switching Costs
Purchasing Process
Buying Basics
Buying Lead Time
Selection Process
Key RFP Elements
Negotiation Questions
Buyer Power Factors
Key Statistics
About IBISWorld Inc.
IBISWorld is one of the world’s leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorld’s procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Computer Maintenance Services in Australia Industry Market Research Report Now Updated by IBISWorld
Computer Maintenance Services in Australia Industry Market Research Report Now Updated by IBISWorld
Melbourne, Australia (PRWEB) December 06, 2012
Few people in Australia are comfortable repairing their own computer. Consumers continue to view internal operations of computers as complicated, although this has not translated to booming demand for the Computer Maintenance Services industry in Australia. Businesses today have made two clear shifts in operations that spell trouble for the long-term viability of computer maintenance providers. According to IBISWorld industry analyst Craig Shulman, “the tendency to lease computers rather than buy them often means that computers are replaced when, or before, they malfunction”. Furthermore, the increasing presence of comprehensive, in-house IT teams means that many repairs can be conducted at minimal cost. An influx of IT specialists occurred in the late 1990s due to the dot-com crash. Subsequent consolidation of the IT industry has meant abnormal growth in the number of firms offering maintenance services as many operatives established their own repair companies after being retrenched from a downsizing industry.
As a result, the Computer Maintenance Services industry in Australia is facing an uncertain future, especially after a difficult past five years. During the five years through 2012-13, industry revenue has contracted at an annualised rate of 0.2%. In 2012-13, industry revenue is forecast to increase by 1.3% to $ 1.8 billion. “The rapid pace of technological advancements, the growing need for faster processing speeds and the falling price of consumer electronics mean that replacing a faulty machine is often more economical than repairing it”, adds Shulman. In the aftermath of Australia’s economic downturn, companies are resorting to maintain servers and other peripheral equipment, and households are also following suit with their personal computers.
Today, while the IT industry at large has recovered, the need for repairs is falling and appears set to continue a downward trajectory. Industry revenue is forecast to decline in the five years through 2017-18, as private households become increasingly willing to lease computers, and as the price of consumer electronics continues to drop, resulting in decreased demand for repairs. The largest four operators are Hewlett-Packard Australia, IBM A/NZ, UXC and Symantec Australia, and account for the majority of industry revenue. IBISWorld expects that over the past decade, market share concentration has declined as the number of suppliers of computer equipment increased, and larger computer vendors outsourced some maintenance functions. The industry is becoming increasingly fragmented, as smaller firms specialise in skills that are in higher demand.
For more information, visit IBISWorld’s Computer Maintenance Services report in Australia industry page.
Follow IBISWorld on Twitter: http://twitter.com/#!/ibisworldau
IBISWorld industry Report Key Topics
Competitors in this industry provide computer maintenance and repair services, including the repair of computer peripheral equipment such as servers. Repairs also include diagnostic efforts on poorly designed or installed software and hardware.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
International Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalisation
Major Companies
Operating Conditions
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.