Key regions: Brazil, Netherlands, Spain, Italy, Japan
New Zealand’s IT consulting and implementation market has been growing steadily in the past few years.
Customer preferences: With the increasing digitalization of businesses in New Zealand, there has been a growing demand for IT consulting and implementation services. Companies are looking for ways to improve their digital capabilities and stay ahead of the competition. This has led to an increase in demand for services such as cloud computing, cybersecurity, and digital transformation.
Trends in the market: One trend that has been observed in the IT consulting and implementation market in New Zealand is the rise of boutique consulting firms. These firms specialize in niche areas such as cybersecurity or cloud computing and are able to provide highly specialized services to their clients. This has led to increased competition in the market, as larger consulting firms are also expanding their offerings to include these niche areas.Another trend in the market is the increasing use of artificial intelligence (AI) and machine learning (ML) in consulting services. These technologies are being used to analyze large amounts of data and provide insights that can help businesses make better decisions. As AI and ML continue to improve, they are likely to become even more important in the IT consulting and implementation market.
Local special circumstances: New Zealand’s geographic location and small population size have led to some unique challenges for the IT consulting and implementation market. Many consulting firms are based in larger markets such as Australia or the United States, and may not have a strong local presence in New Zealand. This can make it difficult for businesses to find the right consulting partner for their needs.
Underlying macroeconomic factors: New Zealand’s economy has been growing steadily in recent years, which has helped to drive demand for IT consulting and implementation services. The government has also been investing in digital infrastructure, which has created opportunities for consulting firms to work on large-scale projects. However, the COVID-19 pandemic has had a significant impact on the economy, and it remains to be seen how this will affect the IT consulting and implementation market in the long term.
Data coverage:
The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.Modeling approach / Market size:
Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
