FEDERAL INFORMATION TECHNOLOGY MARKET, 2010-2015
INPUT?s Federal Information Technology Market, 2010?2015 illustrates that demand for vendor-furnished information systems and services by the U.S. government will increase from $85.8 billion in 2010 to $111.6 billion by 2015 at a compound annual growth rate (CAGR) of 5.4%.
This report analyzes the trends in the federal information technology (IT) market using the FY 2011 IT budget request recently released by the Office of Management and Budget (OMB) coupled with INPUT?s surveying of technology thought leaders in this space and our in-depth knowledge of federal IT procurement and long-range IT plans to forecast spending trends over the next five years. When forecasting this market INPUT focuses on trends related to leadership, technology, acquisition processes, and regulations that shape the size and direction of this market. Key forces currently shaping this market include:
- Growing federal outlays and deficits pressuring discretionary budgets
- Bringing technology to bear on national challenges amidst consolidation and performance pressures
- Acquisition reform, increased protests, and centralized acquisitions morphing the contracting environment
- Demand for increased contract performance, transparency, reporting, and accountability
- Insourcing goals and workforce shortages present significant challenges
In a market fettered with uncertainty and complexity the federal government continues to look to IT to address its goals and overcome its challenges. INPUT expects this demand will continue to present significant opportunities for suppliers.
Critical Insight for Vendors
This report provides companies and other interested parties with a detailed view of federal IT spending and a market forecast for the next five years, and is designed to enhance a vendor?s federal planning process with relevant, strategic analysis and market forecasts. The report provides recommendations which will guide IT vendors to maximize their market positioning messaging and agency relationships to best take advantage of federal business opportunities.
Using the federal government?s annual budget request as a starting point, INPUT draws upon its extensive expertise in the federal market to analyze and forecast federal spending across a broad range of business areas, service modes, and federal agencies and departments. INPUT also interviews government and industry thought leaders and examines the policy and economic landscape, trends, and market drivers that will influence the course of federal IT spending over the next several years.
INPUT?s Federal IT Market Forecast, 2010?2015 is delivered in Adobe PDF format. In addition, the report package includes an Executive Summary PowerPoint presentation summarizing the key finding and an Excel workbook with data for the various forecasts and other key findings.