South Africa to spend billions in ICT sector
21 April 2017
South Africa is projected to have the highest information and communications technology (ICT) spend (US$10,5 billion) in the developing world during the current year.
According to Huawei, the leading global ICT solutions provider, this would be higher than any country across the Middle East, Turkey and Africa (META) regions.
This is among the findings in the just announced Huawei Global Connectivity Index (GCI) 2017, the fourth annual study that shows how countries are progressing with digital transformation based on 40 unique indicators that cover five technology enablers: broadband, data centers, cloud, big data and Internet of Things.
In its GCI 2017, Huawei reported digitally-developed economies around the globe are continuing to progress due to larger investments and adoptions in ICT.
“At the same time, digitally-developing economies have also started to accelerate their growth by investing strategically in ICT capabilities and their digital transformation journeys – yet the gap continues to grow,” Huawei stated.
According to GCI 2017, global progress towards a digital economy is picking up pace. The world’s GCI score is up four percentage points since 2015. The report shows that ICT has become an engine of economic growth.