Spending on IT in the Asia-Pacific region, excluding Japan, is expected to grow by about 4.9% and reach US$924 million (A$1.2 billion) this year, and US$1 trillion by 2024, the technology analyst firm IDC says.
Global spending on IT in 2021 has been forecast to rise 6.2% from 2020 and reach US$3.9 trillion (A$5.03 trillion), the technology research firm Gartner says, adding that there was a decline of 3.2% in the year just past due to spending being limited to services and technology deemed to be critical.
Spending on IT in India is projected to grow to US$81.9 billion (A$112.5 billion) next year, an increase of 6% year-on-year, the technology analyst firm Gartner says, adding that in the current year spending was expected to be US$79.3 billion, a fall of 8.4% year-on-year.
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