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Global Construction Industry: Business Outlook Survey of Senior Executives 2013-2014

Global construction market: BRIC countries key emerging markets

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2014-04-03 00:32:04 - Global Construction Industry: Business Outlook Survey of Senior Executives 2013-2014 - a new market research report on

China, India and Brazil are the important emerging markets for growth in 2013. ´Market uncertainty´, ´cost containments´ and ´retention and recruitment of skilled staff´ are the leading business concerns for 2013.

Overall, for 2013, the average size of the annual procurement budget identified by senior level executives across industries is projected at US$41 million, while the annual marketing budget is identified at US$6 million.

´Quality´, ´level of service´, and ´price´ are considered the most important factors for supplier selection by senior level respondents in 2013. ´Market intelligence research´, ´CRM systems´ and ´ERP solutions´ were identified as the marketing and sales solutions most expected to be invested in during 2013.

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