INSUBCONTINENT EXCLUSIVE:
raised optimism for future growth, as reflected in the Select ICT Business Expectations Index.IT service providers, including cloud
services, saw the highest revenue increase in the third quarter.This segment grew by 8%, reaching $5.099 billion
Telecommunications providers followed with a 7.8% increase, achieving $28.33 billion in revenue.IT manufacturers grew by 4%, with $14.014
increased ICT spending in the same period.The federal government allocated $1.093 billion, 56% of the 2023 federal budget, for ICT,
for timely technology investments.This decision follows lower expenditures in preceding years, which led to security issues and service
