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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (2004)12/15/2003 1:38:20 PM
From: RealMuLan  Read Replies (1) of 6370
 
IT market in Asia-Pacific to see double digit growth in 2004: report
By Khairuman Lani, Channelnewsasia.com




SINGAPORE : The Asia-Pacific IT market (excluding Japan) is forecast to see double digit growth next year, a report said on Monday.

According to IDC, a global market intelligence and advisory firm in the IT and telecomms industries, the market is expected to grow by 11 per cent to US$88 billion.

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IDC attributed the positive outlook to an anticipated 18 per cent growth in China's IT market next year, which it says will account for 35 per cent of the Asia-Pacific IT market outside of Japan.

India (19% growth) and South Korea (9% growth) will also fuel the bigger market.


channelnewsasia.com
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