Asia Pacific IT spending to hit $743 bn in 2013: Gartner

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Mumbai:

IT spending in Asia Pacific is forecast to reach $743 billion in 2013, up 7.9 per cent over 2012, IT research and advisory company, Gartner has said.     

All five major segments of IT spending are expected to grow in 2013, be it the devices segment (including PCs, tablets, mobile phones & printers), Data centre systems, software spending, IT services spending and telecom services, it said.

"As global markets improve in 2013 and resume growth, Asia Pacific remains one of the bright spots of the global IT market, allowing organisations in this region to accelerate competitiveness," Gartner's senior vice president and global head of research Peter Sondergaard said.

"Organisations in Asia Pacific will be able to innovate and compete using what we call the nexus of forces, or the intersection of Cloud, Mobile, Social and Information. New business models will emerge in this region," he said.      

Gartner also predicted that by 2014, IT hiring in major Western markets will come predominantly from Asian companies enjoying double-digit growth. 

"An increasing number of successful Asian companies - particularly from China and India - are enjoying double-digit growth rates and will substantially grow their geographic footprints, making significant investments in major Western markets through 2015.

Consequently, these organisations will be responsible for major hiring of IT professionals to support their growth at a time when Western companies will still be coping with the impact of the economic crisis," Sondergaard said.

Story first published on: November 13, 2012 21:07 (IST)

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