Like many emerging market economies, Indonesia is facing considerable pressure from the current shifts in the global economy. This, in turn, has been impeding growth in recent years, contributing to considerable risks and vulnerabilities. However, foreign investors' appetite for emerging markets has made the region more favorable in recent times. As a result, enterprises are investing eagerly in various ICT domains.
Low commodity prices, plunging currencies, and stock market sell-offs across emerging markets have hit Latin America particularly hard this year. However, despite these forewarnings of economic stress, Mexico's economy is growing, with the country becoming one of the fastest growing technology hubs in the Latin American region, thereby making it a strategic destination for foreign investments.
Wearables are a bridge between mobile computers and emerging embedded IoT solutions, and are at a tipping point largely due to relentless technical innovation in smartphones and its impact on the supply chain. Smart watches and fitness devices are among the highest profile wearables, with an immediate impact on traditional watch vendors and technology OEMs alike.