China, Africa, S. America and East Europe will follow suit (If they haven't already started it, that is!)
India continues to soar. South Asia’s largest economy will continue to lead the pack as the next IT market opportunity. A major wave of IT investments has started to take place across banks, financial services institutions (FSI), telecom, manufacturing, government, resource, education, and other industries. This is probably why India is the fastest-growing country by IT spending in 2006 (22.4 per cent) and is forecast to remain so in 2007 (21.5 per cent) when it reaches Rs 75,891 crore
Dynamic IT to enter Phase 2 in 2007: From Consolidation to Virtualization and Service Oriented Architecture (SOA).
The growth is there (That is 758.91 Billion dollars!). Sometimes I think it might be a pretty good idea to spend sometime there as an expat and help the industry expand there. Maybe I'll just do that!
Read here...
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