IDC Predicts IT Spending Will Jump

By CIOinsight  |  Posted 05-26-2010
IDC is predicting that worldwide IT spending will jump 3.8 percent this year, to $1.47 trillion, after a recession-plagued 2009. Hardware makers will be the big winners, with spending on PCs, servers, storage and networking gear expected to soar. However, there are some areas of weakness, in particular in Western Europe and Japan, IDC said.

In numbers released May 24, IDC is estimating that worldwide IT spending will grow 3.8 percent this year, to $1.47 trillion.

Hardware vendors will be the biggest winners, with spending jumping 6.4 percent, followed by software at 3.1 percent and services at 1.5 percent.

READ MORE >>