The computer and information technology (IT) service sector’s revenue last quarter increased 6 percent year-on-year to NT$148.2 billion (US$4.6 billion), the highest for the July-to-September period on record, the Ministry of Economic Affairs said yesterday.
Computer programming, consultancy and other related activities reported a 3.8 percent increase in revenue to NT$106.7 billion for the quarter, boosted by strong demand for services such as systems integration, and software and hardware design, the ministry said in a report.
The IT service industry posted a 12 percent growth in revenue to NT$41.5 billion, thanks to increased demand for online gaming platforms, and cloud data hosting and processing services, it said.
Photo: CNA
In the first three quarters of the year, the computer and IT service sector also posted a record revenue of NT$435.9 billion, up 5.9 percent over the same period last year, with computer programming and IT service industries growing by 4.2 percent and 10.8 percent respectively, ministry data showed.
The technical support and professional service sector also saw revenue grow 5.8 percent year-on-year to NT$114 billion in the quarter, the highest for the same period as well, the report said.
The growth in the technical support and professional service sector’s revenue last quarter was largely due to a 10 percent increase in sales from the management and consulting industry, as more enterprises sought financial investment and management consulting, the ministry said.
It was also buoyed by the advertising and market research industry’s solid performance, which rose 3.7 percent year-on-year, and the professional design industry’s 5.9 percent revenue increase, as it benefited from robust demand for vehicle, industrial, commercial space and landscape designs, the ministry added.
However, the photography industry posted a 4 percent decrease in sales last quarter, as fewer people got married, weighing on demand for wedding photography, it said.
In the first three quarters of the year, the technical support and professional service sector’s total revenue grew 5.1 percent from a year earlier to NT$314.7 billion, with the management and consulting industry posting a 7.5 percent increase, the advertising and market research industry rising 2.4 percent, and the professional design industry seeing an 8.8 percent rise.
On the other hand, the photography industry’s revenue edged down 0.3 percent.
The rental sector posted record revenue last quarter, increasing 9.9 percent to NT$43.3 billion, mainly because the transportation rental business grew 10.6 percent amid car rental companies’ better offerings for individual and enterprise clients, the ministry said.
The rental sector’s revenue rose 9.4 percent in the first three quarters to NT$125.9 billion, the highest on record, it said.
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