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General

CEE ICT spending to exceed USD 130 bln in 2019

Tuesday 28 May 2019 | 13:07 CET | News
Spending on ICT in Central and Eastern Europe (CEE) is expected to total USD 131.9 billion in 2019, according to IDC. The consumer market will be the leading segment for ICT spending in 2019, accounting for more than USD 67 billion and more than 51 percent market share. However, consumer spending will post the slowest compound annual growth rate (CAGR), compared to the other segments, at just 1.4 percent. More than 80 percent of consumer spending in 2019 will be for mobile devices and telecom services.

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Categories: General
Countries: Eastern Europe
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