Wednesday, December 17, 2003
IDC Asia-Pacific, a leading market research house, updated its PC forecast recently, projecting that Asia's information technology industry outside of Japan will expand by 11 percent to US$88 billion next year as it begins a new growth cycle after strong demand from the consumer segment, aggressive pricing and rapid portable adoption, worldwide PC growth will continue in Q4 and into 2004.
IDC managing director Piyush Singh said: "The region's two largest developing economies, China and India, are charging forward on the economic front and driving overall regional IT market recovery." Total shipments in 2003 are now expected to outdo 152 million with a value of just more than $175 billion. That represents an 8.8 percent shipment growth over 2000, the previous highest year for PC shipments, but a 22 percent decline in total value will emerge due to aggressive pricing and a shift toward lower-end configurations as overall computing power increases.
IDC expects shipment growth to continue at 11.4 percent in 2004, up from prior estimates of 10.2 percent, while shipment value is forecast to grow by 4 percent in 2004. The trend is expected to continue for several more years, while the rate of movement should slow. In its regional outlook, the U.S. were expected to continue leading that market in the first half of 2004 mostly by the federal government are expected to expand outside of defense, while business spending continues to improve gradually.
In Western Europe, consumers have played a key role, but the public sector has nearly matched consumer growth in recent quarters. While desktop demand is improving, notebooks have been the hottest items. Growth is expected to remain high in the fourth quarter, but relatively slow business growth and a strong Euro are expected to limit shipments in 2004.
In Japan, fourth quarter increases are expected to be in the single digits, with overall growth next year rising to the double digits, despite the already high penetration of portables.
By: DocMemory
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