Australia Information Technology Q4 2018
We expect steady increases in IT spending in Australia during the forecast period 2018-2022, with the strongest growthdriver coming in the form of enterprise demand for software and services solutions that introduce new capabilities, flexibility orenable new products. This will see cloud computing and the Internet of Things have a large impact on software and servicesdemand, but growth will be slower for hardware. The main risk factors are to the downside, for instance a potential financial crisis inChina would have a negative impact on overall economic health in Australia, and so IT product and services demand.
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