The Government is on track to spend $7.2 billion on IT products and services in 2016, an increase of 2.4 per cent over 2015, research firm Gartner on Monday said. The forecast includes spending by state, local and the Central Government on internal services, software, IT, data centre, devices and telecom.
IT service (which include consulting, software support, business process outsourcing, IT outsourcing, implementation, and hardware support) is expected to grow 9.3 per cent in 2016 to reach $1.8 billion, with the business process outsourcing sub-segment growing 21 per cent, Gartner said in a report. Telecom services is poised to be a $1.6 billion market, with the mobile network services sub-segment recording the fastest growth at 5.2 per cent in 2016 to reach the $909 million mark, it added.