This IDC study discusses the factors that will have the biggest commercial impact on the ICT market across Asia/Pacific (excluding Japan) or APEJ, in 2013. The APEJ region continues its pattern of steady growth albeit at a slower pace than the double-digit growth seen before the 2008 crisis and in the rebound year of 2011. IDC expects overall ICT growth in 2013 to be similar to 2012 at 7.6%. We also expect the revenue split between hardware, software, services and telecom services to remain quite stable through 2016.
"The Asia/Pacific market has now been living in the shadow of possible recession for two to three consecutive years. This ongoing risk environment appears to have had a psychological impact on businesses in the region whereby uncertainty has become "the new normal" and a wait-and-see strategy is no longer a viable option. In other words, there is no longer any excuse for not pursuing growth, both domestically and overseas and although most companies are now fiscally conservative, spending freezes are few and far between," says Claus Mortensen, Principal, Emerging Technology Research, IDC Asia/Pacific.
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