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Market and Sector Type: 
Software

IT spend to rise

Article Date:  Jan 21 2010

Worldwide IT spending will increase 4.6 per cent this year compared to 2009, according to research organisation Gartner.

Corporations and consumers will spend $3.4 trillion (£2.1 trillion) on computing hardware, software, IT services and telecoms in 2010, with all those market segments expected to grow.

Richard Gordon, research vice president at Gartner, says an improvement in general economic conditions and the availability of credit is responsible for some of the projected growth

Adds Gordon, ‘Pent-up demand for new technologies will be released as enterprises focus on new growth opportunities and increase spending plans.’

Emerging markets are leading expansion in the sector, with spending expected to increase 9.3 per cent in Latin America, 7.7 per cent in the Middle East and Africa, and 7 per cent in the Asia-Pacific region.

However, Gordon warns that a portion of this projected increase is due to the decline in the value of the US dollar, in which the spending forecast is denominated.

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Active Advisers: IT Adviser

Active Advisers
Company Name Tel
Xyone Mr Stephen Robinson 087-0950 4400
Wrexham County Council Mrs Liz Rowlands 019-78366366
Wittsend Enterprise Ms Jane Witt 01603 305315
Whitegold Mr Luqman Jimoh 017-09769560
Wharncliffe Business Systems Mr Alan Exley 012-26361100
West Coast Solutions Mr Jason Lovell 01554 756193
Warwickshire County Council Ms Leigh Hunt 01926 412984
Vision4Business Mr Tom Conway 07981 196 940
Virtuoso Mrs Maureen Storey 019-13867373
     

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