Summary
DESPITE THE DOWNWARD ADJUSTment in forecast for 2009, IDC expects to see initial signs of recovery on IT spending in Malaysia as early as 2010, with investments rebounding to its pre-crisis level by 2011.
Based on the first quarter of 2009 research results of various IT spending segments, current economic indicators, historical trends, and assumptions, IDC foresees 2009 IT spending growth to be at - 1.8%. The Insight report, Economic Crisis Response: Economic Impact in Malaysia IT Spending, also indicates that if the economy does not pick up by third quarter of 2009 according to assumptions done, IT spending growth for 2009 could fall to -3%.See the full content of this document
Extract
Negative Growth for Malaysia It Spending
Bright spots that still exist in various sub-sectors will cushion the overall IT investment in Malaysia although the major contributors ...
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