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General

Asian ICT spending to double to USD 369 billion by 2030

Friday 14 February 2020 | 11:59 CET | News
Asian ICT capex will nearly double to USD 369 billion in 2030 from USD 193 billion in 2018, according to a report from Omdia. Growth will be underpinned by 5.5 percent economic growth annually throughout the region. The report further shows that communications service providers, carrier neutral service providers and data center internet content service providers are all investing into mobile connectivity, cellular towers and data centers. The global digital economy amounted to USD 11.5 trillion, or 15.5 percent of global GDP in 2016. In less than a decade, the digital economy is expected to

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Categories: General
Countries: Asia
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