Posts Tagged ‘telecom’

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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