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APEJ IT investment increases

Anuradha Shukla | Feb. 25, 2015
Investments in government sector will increase to US$32.5 billion in 2018.

IT investments of the Asia Pacific excluding Japan (APEJ) government sector will increase to US$32.5 billion in 2018, according to a newly released report by IDC Government Insights.

These investments will increase at a five-year compound annual growth rate (CAGR) of 6.2%.

IDC projects the overall 2015 year-over-year (YoY) IT spending growth for the APEJ public sector at 5.9%.

This sector will focus more on consolidating and streamlining of scarce ICT resources, attain better manageability tools for effective decision making, and increase cybersecurity priorities of digital assets.

This IT spending growth rate indicates a more cautious and a maturing APEJ public sector IT spending landscape.

Hardware spend

The 2015 overall hardware spending will be surpassed in absolute numbers by overall IT services spending for the APEJ public sector.

Malaysia, the Philippines, and Thailand are the three Association of Southeast Asian Nations (ASEAN) member-countries that are leading this transition.

Public sectors in Australia, People's Republic of China (PRC), India, Singapore, and South Korea will spend over US$1 billion on IT spending in 2015.

Together these countries represent 82% of the entire APEJ public sector IT spending, says the report "Pivot Table: Asia/Pacific (Excluding Japan) Public Sector IT Spending 2013-2018."

 

 

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