e-Governance News
Drive for e-Gov fuels strong growth in IT spend in APAC
Drive for e-Gov fuels strong growth in IT spend in APAC
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By Elets News Network 04-July-2006
According to IDC, the drive for e-Government, operational efficiency and the pressure to build an Information and Communication Technology (ICT) savvy nation is fuelling strong growth in IT spending for the public sector in the Asia Pacific region.
The public sector continues to be one of the largest IT spending vertical in the region. IDC predicts a strong Compounded Annual Growth Rate (CAGR) of 8.7 per cent from 2006-2010 with expenditure to reach $ 31.67 billion by 2010. Emerging economies like China and India will be huge drivers of IT spending as they build up their ICT infrastructure, whereas mature economies
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