Posts Tagged ‘hardware spending’

Worldwide IT Spending to Reach $1.5 Trillion in 2010

Monday, September 28th, 2009

According to one of the latest reports of IDC, the information technology market research firm, the global IT services spending by companies is expected to increase at a compound annual growth rate of 5.8% and will reach $587 billion at the end of the decade. At the same time, companies are projected to increase worldwide spending on information technologies at a compound annual growth rate of 6.3% with the spending to reach $1.5 trillion in 2010.

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