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Finding Opportunities in a Tightening US Federal Market: Five-year Outlook for Vendors
Datamonitor, July 2004, Pages: 66
In recent years mere mention of the US federal government has left many vendors salivating at the prospect of unprecedented technology spending by government.
Yet all good things must come to an end. We believe that this market is slowing down.
Vendors serving this market need to choose their positioning carefully to take advantage of the opportunities in this contracting market.
Scope of Report:
Size and forecast of technology budgets and vendor opportunities for FY2004-09: by agency, technology, and solutions (CRM, ERP, and security)
Competitive dynamics and vendor landscape
Action points and recommendations for vendors
Report Highlights:
Vendors need to be vigilant about selecting opportunities to pursue in the federal technology market, which we estimates will grow to $56.5 bn by FY2009.
Opportunities are highly concentrated, with 5 agencies accounting for over 70% of technology dollars in FY2004. Software and services spending will show a 5-year CAGR of 5.8%, higher than that of the overall market.
The competitive landscape is becoming increasingly diverse. We see relative newcomers posing increased competition to the incumbents, many of whom have faced their share of challenges recently.
Reasons to Purchase:
Evaluate your companys opportunity in the federal technology market by specific agencies, solution areas and technology segments
Identify potential areas for partnerships to better attack the federal technology market
Gain insight into market and competitive trends that will impact your federal business
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