Financial Insights: Asia Leads in IT Spend
NEW YORK—Analysts from Framingham, Mass.-based industry research firm Financial Insights predict that financial service firms operating in Asia will lead their global counterparts in IT spending over the next five years, DWT has learned.
Over the next five years, capital markets firms in the Asia-Pacific region will have a compounded annual growth rate (CAGR) of 9 percent, the analysts say. Europe is expected to have the second highest growth rate with 5.8 percent, followed closely by North
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