IT Spending to Rebound in 2010

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IT Spending to Rebound in 2010
  (February 9, 2010)




After declining 8.2 percent in 2009, IT spending in the United States will grow 6.6 percent in 2010 to $568 billion, according to a new report by Forrester.

 
After a dismal performance in 2009, the technology sector will see a recovery in 2010 as businesses and governments in the United States and around the world begin spending again on information technology, according to a new report by Forrester Research, Inc.
 
After declining 8.2 percent in 2009, IT spending in the United States will grow 6.6 percent in 2010 to $568 billion. Global IT spending, which dropped 8.9 percent last year, will rise 8.1 percent in 2010 to more than $1.6 trillion. Software and computer hardware will see the greatest growth, as Forrester forecasts a new multi-year cycle of technology investment growth and innovation defined by Smart Computing. The Forrester forecast provides Vendor Strategy professionals with recommendations regarding how to align their sales and marketing efforts to the current and future environment for IT spending.
 
"The technology downturn of 2008 and 2009 is unofficially over," said Andrew Bartels, Forrester Research vice president and principal analyst.



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