dcsimg

Tech Spending Remains Strong, Despite Economic Volatility: IDC

The researchers predict 5 percent growth for the IT industry in 2012.

eWeek: In its latest Worldwide Black Book report, IDC reports that, in 2011, IT spending grew 5 percent when viewed at constant currency rates ; it grew 9 percent in U.S. dollar terms. Double-digit spending growth in emerging markets, particularly Brazil, Russia, India and China, helped overcome weakness in other parts of the world. Enterprises increased their spending the most on smartphones (+46 percent), software (+6 percent) and disk storage systems (+6 percent).

For 2012, IDC anticipates another year of 5 percent spending growth (when viewed in constant currency terms). However, the firm warns that Europe's economic problems could ripple throughout the world and decrease worldwide IT spending.




Tags: IT spending, IDC


0 Comments (click to add your comment)
Comment and Contribute

 


(Maximum characters: 1200). You have characters left.

 

 

IT Management Daily
Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that datamation.com may send you Datamation offers via email, phone and text message, as well as email offers about other products and services that Datamation believes may be of interest to you. Datamation will process your information in accordance with the Quinstreet Privacy Policy.





×
We have made updates to our Privacy Policy to reflect the implementation of the General Data Protection Regulation.