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IT, Telecom Infrastructure Spending Creeping Up Worldwide: Page 2 of 2

Going forward, Gartner sees outsourcing as a key component of increased demand for IT services. IT management and process management will outpace the growth of consulting services.

Service providers and carriers also are beginning to loosen their purse strings.

Another study by Yankee Group finds that the wireless equipment market is starting to pick up ever so slightly, with a one percent rise, globally, predicted for this year. The Yankee study shows spending up significantly in the Asia-Pacific region, with revenues jumping by 29 percent between 2002 and 2004.

The Asia Pacific region also is seeing increased spending for landline networks. Chinese telecom equipment provider ZTE just announced that it was awarded a contract by Indonesian carrier Telkom to build the NGN-DLC (Digital Loop Carrier) network in the Jakarta metropolitan area. The network will provide advanced and broadband services such as ISDN, ADSL, SHDSL and HDSL, as well as POTS.