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Wednesday 17 April 2013

Colombia Information Technology Report Q2 2013

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Colombia Information Technology Report Q2 2013
Apr 17th 2013, 00:00

BMI View: Colombia''s IT market is forecast to increase in value to COP6.0tn in 2013, representing a10.5% year-on-year increase. Colombian IT spending is projected to grow at a compound annual growthrate of 10.9% during the period 2013-2017, driven by economic growth, government ICT initiatives andimproving infrastructure. The consumer-driven economic boom of the past few years may have come to anend, but rising incomes and greater computer affordability will result in more spending on IT products andservices. Meanwhile, the government''s Vive Digital ICT development plan should also help to underpinmarket expansion over our five-year forecast period.Headline Exp...

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