2012 predictions

The estimated compound annual growth rate (CAGR) of 13.6 percent from 2009 to 2016 would make India third highest growth rate in the world.

IT spending in emerging Asia-Pacific countries is expected to reach $496 billion in IT spending in 2012. Professional markets will reach 42 percent of the total IT spending in the region, while consumer IT spending will reach $288 billion in 2012, according to research firm Gartner.

The information and communications technology (ICT) industry in Vietnam is poised for growth in 2012, with IT spending projected to increase by 19 percent and the size of the IT market expected to reach US$3.25 billion, according to research firm IDC.

Australian organizations will spend almost AU$2 billion on data center hardware in 2012, up from AU$1.83 billion in 2011, according to the latest data center market forecast from Gartner.

Emerging markets continue to lead the way in tech spending, with the BRIC (Brazil, Russia, India and China) countries posting double-digit growth, research firm IDC's newly released Worldwide Black Book showed.

Drawing from research and internal brainstorming sessions among regional and country analysts, IDC sees a lot of promise in the growth of the information and communication technology (ICT) in Indonesia.

The World Bank has lowered its growth forecast for 2012 to 5.4 percent for developing countries and 1.4 percent for high-income countries (-0.3 percent for the Euro Area) and said developing countries should prepare for further downside risks.

Industry observers cited 2011 as the year mobile malware emerged as a legitimate threat. But what does that mean for 2012?

Research firm IDC is projecting Thailand's hardcopy peripherals (HCP) market to grow at a slower pace of 2 percent this year, mainly as a result of the flood crisis and weaker market sentiments in the last quarter of 2011 (4Q11).

Gartner forecasts global IT spending to reach $3.8 trillion in 2012, a 3.7 percent increase from 2011.