Emerging markets will generate $1.22 trillion in IT spending in 2012, according to Gartner. This will represent nearly 31 per cent of the worldwide total.
Despite the uncertainty in the markets, the emerging regions of Asia Pacific (excluding mature markets), Latin America, West Asia and Africa (minus mature Israel), and Central and Eastern Europe, continue to show positive IT momentum, said Gartner.
“While professional and consumer market opportunities can be found in many emerging markets, Brazil, Russia, India, Mexico and China (BRIMC) continue to perform particularly strongly, and this is where over half of emerging markets' IT spending will be concentrated in 2012,” said Mr Luis Anavitarte, research vice-president and head of emerging markets research at Gartner. “Seventeen per cent of global IT spending will be generated by BRIMC in 2012, representing nearly $658 billion, and the markets remain far from saturated.”