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Gartner: Global IT Spending Expected To Rise 5% in 2010 ‎

Gartner: Global IT Spending Expected To Rise 5% in 2010 ‎
# 13 April 2010 07:16 (UTC +04:00)
Baku – APA-Economics. Global information-technology spending is expected to increase 5.3% this year amid robust consumer spending on personal computers, according to Gartner Inc. (IT) as it boosted its semiannual forecast, Wall Street Journal reported.

However, the majority of the sales growth reflects expectations for a weaker dollar.

The market research firm also expects IT spending to increase another 4.2% next year to more than $3.5 trillion.

For 2010, IT spending is expected to reach $3.4 trillion. Excluding the impact of currency changes, growth is just 1.6% from 2009. Still, that remains an improvement from a decline of 1.4% last year. In October, Gartner had projected a 3.3% rebound in IT spending for 2010.

Computing-hardware spending, which suffered the biggest segment decline last year, is forecast to have the strongest rebound this year, according to research director George Shiffler. Sales in the category are expected to rise 5.7% to $353 billion this year, driven by consumer laptop purchases.

Enterprise hardware spending also will grow, but is expected to remain below 2008 levels through 2014, Gartner said. Storage hardware such as servers is expected to lead enterprise purchases as the volume of data that businesses must store continues to rise.

Software spending is expected to rise 5.1% to $232 billion, with the majority of enterprise software markets seeing growth. The hottest software segments through 2014 are expected to include virtualization, security, data integration/data quality and business intelligence.

Global IT services is expected to rise 5.7% to $821 billion, while telecom spending is projected to increase 5.1%. Longer term, the global enterprise network services market is expected to grow modestly, research director Peter Kjeldsen said.
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