Global IT spend to touch $ 3.4 tn in 2010: Gartner

Last Updated: Thursday, January 21, 2010 - 22:55

Bangalore: Worldwide IT spending would reach
USD 3.4 trillion in 2010, a 4.6 per cent increase from 2009,
IT research and advisory firm Gartner has forecast.

A slow but steady improvement in the macroeconomic
environment in 2010 should support a return to modest growth
in overall IT spending, it said.

Although modest, this projected growth represents a
significant improvement from 2009, when worldwide IT spending
declined 4.6 per cent. All major segments (computing hardware,
software, IT services, telecom, and telecom services) are
expected to grow in 2010.

IT spending growth in emerging markets (with the
exception of central and eastern Europe and some of the Gulf
states) is expected to lead the way, with spending forecast to
grow 9.3 per cent in Latin America, 7.7 per cent in the Middle
East and Africa and seven per cent in Asia/Pacific.

Recovery in Western Europe, the US and Japan would start
more slowly, with Western Europe increasing 5.2 per cent, the
US growing 2.5 per cent, and Japan increasing 1.8 per cent.

PTI



First Published: Thursday, January 21, 2010 - 22:55

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