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-------------------------------------------------------------- This story was printed from ZDNet Asia. --------------------------------------------------------------
Singapore IT spending by verticals

Technologies ranging from mobile devices and wireless networks to radio frequency identification (RFID) tags and biometric security, are helping to transform Singapore's industries.

The island-state has regularly made headlines as its vertical sectors such as financial services and healthcare, adopt the latest technologies to stay ahead of the business innovation curve.

Here is a quick look at the projected IT spending across key verticals in Singapore (US$M):
 200620072008
Government609.8653.3682.8
Healthcare73.974.876.8
Retail84.289.795.3
Banking868.0919.1968.8
Finance markets295.1318.3340.8
Insurance102.1105.2109.0
Discrete Manufacturing598.1597.2605.3
Process Manufacturing132.8134.7137.2

Source: IDC Asia-Pacific