Posts Tagged ‘IT spending’

Analysts Project 4.6 Percent IT Spending Growth in 2010

Friday, March 5th, 2010

In one of its latest reports Gartner, the world’s leading IT research and advisory company, stated about the growth in worldwide IT spending in 2010 which is expected to reach $3.4 trillion by the end of this year - a 4.6% increase from 2009.

The projected growth reveals the significant improvement from the previous year (4.6% decline in 2009) and is expected across all major segments – computer hardware, IT services, software, telecom, and telecom services.

Worldwide IT spending forecast (shown for Software & IT Services):

2009 Spending
bln USD
Growth, % 2010 Spending
bln USD
Growth, %
Software 220.7 - 2.1 231.5 4.9
IT Services 780.9 - 3.5 824.2 5.6

Source: Gartner (January 2010)

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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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