Due to political stability and economic revival, India software market witnessed an improved 1H 2014 compared to a slow 1H 2013. According to International Data Corporation (IDC) the India software market registered a year on year growth of 10.7% in 1H 2014. The sweeping win of the BJP Government in the 2014 elections resulted in some amount of positivity in the market which reflected in the IT investments by major verticals like BFSI, Manufacturing, Retail and Ecommerce.
According to the latest research from International Data Corporation (IDC), the smartphone market in Asia/Pacific excluding Japan (APEJ) posted a moderate 6% Quarter-on-Quarter (QoQ) and 24% Year-on-Year (YoY) growth in 2014 Q3. This trend reflects a decline in growth from previous years and is a result of its largest market, China, having seen the last of the heydays of heady growth in the smartphone market.
Digital disruption is set to be the norm across industries as they look to transform to keep their business relevant amidst the ever changing technological landscape. The implementation of enabling technologies such as low cost sensors, cloud computing, advanced data analytics and mobility are expected to drive this revolution.
Strong growth also predicted over the next five years for the Australian mobile advertising market
Along with healthcare and ICT sector preference, R&D and manufacturing activities represent key investment focus areas
The MNI India Business Indicator, calculated from the responses of more than 400 BSE listed companies, declined by 1.1% to 68.9 in November from 69.7 in October, with demand falling as the festival season came to a close.
New research from Adobe and CMO Council has revealed that India has emerged as one of the digital marketing performance leaders in the APAC (Asia Pacific) region after Australia.
The Conference Board Leading Economic Index® (LEI) for India decreased 0.3 percent in October to 183.7 (2004 = 100), following a 1.5 percent increase in September and a 1.2 percent decline in August. Two of the eight components contributed positively to the index in October.
The Asia-Pacific application performance management (APM) market continues to grow strongly, driven by stringent regulatory norms and the growing dependence of business processes on applications. The market will maintain its momentum as enterprises in the region realize the importance of reliable and high-performing applications in the enterprise business environment.
The Conference Board Leading Economic Index® (LEI) for Korea increased 0.8 percent in September to 122.1 (2004 = 100), following a 0.1 percent increase in August, and a 1.2 percent decline in July.
The Malaysian mobile market is currently growing with a mobile penetration rate of 140.7%. Mobile subscriptions are growing at 2.2% to reach 42.9 million subscribers, earning revenues of US$7.45 billion in 2014, driven by data and value added services. Non-voice ARPU is expected to grow by 2% to US$5.9 billion; however it will not be able to compensate for the 2.4% decline in voice ARPU.
- Increase in Their Confidence on Indian Economy From 5.8 in May 2014 to 6.6 in Oct 2014
- Report Reveals Increased Growth Expectations, Despite Limited Growth Experienced in Last Six Months
- Brings to Light SMEs' Confidence in Government for Improvement of the Economic Scenario
RICS (Royal Institution of Chartered Surveyors) recently published the Q3 2014 RICS Global Commercial Property Monitor. The report indicated thatChina's slowing economy has had weighed on economic activity inAsia. Moreover, escalating political tension in Hong Kong has also agitated financial markets and weakened the city's economic performance.
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