Qualstar - Competitors

Qualstar Competition

Now Viewing Qualstar's competition in: Technology Sector

Recent Developments

Slower Growth Expected for US Tech Market - Year-over-year growth in the US market for technology goods and services will slow to 3 percent in 2008 from 6 percent in 2007, according to Forrester Research. The lower growth projection is based on an assumed mild, two-quarter recession in the US economy during 2008. Technology purchases are expected to decline in second and third quarters before rebounding in fourth quarter.

Expired R&D Tax Credit Hurts US Economy - The lapse in December 2007 of a tax credit for corporate R&D may have cost the American economy more than $8.3 billion by June 2008, according to the Information Technology Association of America (ITAA). The economic benefits of R&D include investments in capital equipment, additional jobs, and growth in business and consumer spending. ITAA estimates that the Section 41 Research & Experimentation Tax Credit would've spurred more than $18.5 billion in new economic activity in 2008.

Semiconductor Exports Increasing - US exports of semiconductors and other electronic components rose 6.1 percent in the first four months of 2008 compared to the same period in 2007. Exports rose to four of the top five destinations for US-made semiconductors and electronic components, and 10.7 percent to China, the top destination for US-made semiconductors and electronic components.

Competitive Landscape

Demand often depends on the income of consumers or the profitability of business customers, because many technology products and services are expensive. The profitability of individual companies is driven by their ability to develop and market new products. Large companies often have advantages in marketing and in access to capital. Small companies can compete successfully if they have expertise in a particular field of knowledge.

Full Industry Overview For Technology Sector

Technology Sector Industry Forecast

from Hoover's/D&B subsidiary First Research

The output of US computers, electronic components, and computer and data services is forecast to increase at an annual compounded rate of 4.8 percent between 2007 and 2012.

Computers, Components, & Computing Services Growth Steadies

First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.