IDC: Global IT spending to ’slow significantly’ but remain positive in 2009
Worlwide spending on information technology is expected to “slow significantly” next year but should still grow 2.6 percent, according to market research firm IDC. That is slower than the firm’s “pre-crisis forecast” of 5.9 percent growth. However, the firm does expect spending in the U.S. to fall 0.9 percent, and hover around one percent in Japan and Western Europe.
The emerging economies of Central and Eastern Europe, the Middle East and Africa, and Latin America are forecast to continue experiencing “healthy growth, but at levels notably lower than the double-digit gains previously forecast.”
On a sector basis, software and services are expected to “enjoy solid growth,” while hardware spending, with the exception of storage, is expected to decline in 2009.
Subscribe via RSS all feeds
Worlwide?
Yes, Rico, we used that term interchangeably for “worldwide,” as per the second definition citation for the word in Webster’s New World College Dictionary