Market analyst IDC predicts that the Information and Communications Technology (ICT) spending and growth for the Asia/Pacific (excluding Japan) region fuelled largely by continued disruption with dynamic market changes driving new or more focused segmentation in vertical markets.
“In particular, government spending will accelerate due to digital inclusion and new digital demands from a more savvy population,” said Graeme Muller, Head of IDC’s Asia/Pacific Predictions Committee. “While governments will typically lead digital inclusion efforts, strong participation from ICT vendors is expected as part of their corporate social responsibility programs.”
IDC predicts the ICT market in Asia/Pacific excluding Japan (APEJ) to reach US$154 billion in 2008
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