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IDC Forecasts Worldwide IT and Telecom Spending Slows After Last Year’s Rebound; Economic Risks High


IDC Forecasts Worldwide IT and Telecom Spending to Slow After Last Year’s Rebound; Economic Risks Have Increased

In 2018 the ICT sector in India is expected to grow 9.1%. In an international comparison of ICT markets, India continues to lead in terms of growth rates. Key growth drivers are improving economic indicators, growing disposable income, penetration into rural markets, tier 2 and tier 3 cities, online and digital marketing, the e-commerce boom and government investments in the industry. 

With Mobile penetration on the high, the content market has burgeoning beyond compare. All of this content being stored and analysed for creating a up-sell and cross-sell opportunities, has led to local Service Providers upping their ante on Cloud (IaaS) platforms. These two, Mobility and Cloud, have been pushing the economy for India way ahead than could been envisioned. 

https://www.idc.com/getdoc.jsp?containerId=prUS44021718 


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