Worldwide IT spend growth revised to 3.9%

IT spending worldwide is forecast to total $3.350tn in 2010, an increase of 3.9 per cent from 2009 spending of $3.225tn, claims the latest projection by Gartner.

The analyst has ‘lowered its outlook’ for the IT industry from the first quarter of 2010 when it forecast global IT spending to grow 5.3 per cent, mainly due to the devaluation of the Euro currency versus the US dollar since the start of the year.

Worldwide computing hardware spending is forecast to reach $365 billion in 2010, up 9.1 per cent from 2009 spending. In software, IT services and telecommunications, the appreciation in the value of the US dollar, especially against the Euro, has acted to dampen US-dollar-denominated growth in 2010.

Worldwide IT Spending Forecast (US$bn)

Category
2009 spending
2009 growth (%)
2010 spending
2010 growth (%)
Computing hardware

334

-12.4

365

9.1

Software

222

-2.6

229

3.1

IT services

763

-5.3

786

2.9

Telecommunications

1,905

-3.5

1,970

3.4

All IT

3,225

-4.9

3,350

3.9

 

More information:
http://my.gartner.com/portal/server.pt?open=512&objID=202&mode=2&PageID=5553&resId=1385514&ref=Webinar-Calendar

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