Image :Developed and Emerging Markets
Emerging regions such as Asia/Pacific, Latin America, the Middle East and Africa will continues to rise and generate IT spending of $1.1trillion in 2008, according to Gartner
Brazil, Russia, India and China (BRIC Economies) will lead this growth, according to Gartner, and spending in those four states will make up a third of all developing world IT spend.
Mobile Industry leaders have said that the Emerging markets will lead growth and innovation in the mobile world at the Mobile World Congress in Barcelona — the world’s biggest telecommunications conference.
Vodafone seeing good results in India, which is adding 1.5 million customers a month. In developing world, the demand for internet and entertainment is growing very rapidly. There are clearly things we can learn from emerging markets in developed economies, said Vodafone chief executive Arun Sarin.