ICT - Five Forces Analysis

ICT - Five Forces Analysis

Last Updated by wbot | Update This Page Now

Intensity of Existing Rivalry

Government limits competition (ICT ) Government policies and regulations can dictate the level of competition within the industry. When...
Fast industry growth rate (ICT ) When industries are growing revenue quickly, they are less likely to compete, because the total...
Large industry size (ICT ) Large industries allow multiple firms and produces to prosper without having to steal market share...
Relatively few competitors (ICT ) Few competitors mean fewer firms are competing for the same customers and resources, which is a...

Bargaining Power of Suppliers

Large number of substitute inputs (ICT ) When there are a large number of substitute inputs, suppliers have less bargaining leverage over...
Critical production inputs are similar (ICT ) When critical production inputs are similar, it is easier to mix and match inputs, which reduces...
High competition among suppliers (ICT ) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Volume is critical to suppliers (ICT ) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can...
Low cost of switching suppliers (ICT ) The easier it is to switch suppliers, the less bargaining power they have. Low supplier switching...

Threat of Substitutes

Substitute has lower performance (ICT ) A lower performance product means a customer is less likely to switch from **ICT ** to another...
High cost of switching to substitutes (ICT ) Limited number of substitutes means that customers cannot easily switch to other products or...
Limited number of substitutes (ICT ) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

Buyers require special customization (ICT ) When customers require special customizations, they are less likely to switch to producers who have...
Low dependency on distributors (ICT ) When produces have low dependence, distributors have less bargaining power. Low dependency...
Product is important to customer (ICT ) When customers cherish particular products they end up paying more for that one product. This...
Limited buyer choice (ICT ) When customers have limited choices they end up paying more for the choices that are available....

Threat of New Competitors

High capital requirements (ICT ) High capital requirements mean a company must spend a lot of money in order to compete in the...
Advanced technologies are required (ICT ) Advanced technologies make it difficult for new competitors to enter the market because they have to...
High sunk costs limit competition (ICT ) High sunk costs make it difficult for a competitor to enter a new market, because they have to...
Industry requires economies of scale (ICT ) Economies of scale help producers to lower their cost by producing the next unit of output at lower...
Patents limit new competition (ICT ) Patents that cover vital technologies make it difficult for new competitors, because the best...
Entry barriers are high (ICT ) When barriers are high, it is more difficult for new competitors to enter the market. High entry...

What is Porter's Five Forces Analysis?

WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to ict's five forces template. See WikiWealth's tutorial for help. Is WikiWealth missing any analysis? Check out our entire database of free five forces reports or use our five forces generator to create your own. Remember, vote up ict's most important five forces statements.