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Forrester: IT Spending Forecast

By CIOinsight  |  Posted 10-19-2010 Print
Software sales and systems integration projects are expected to be robust in the remainder of 2010, but the overall outlook for IT spending is headed downward based on overall global economic caution and meager U.S. GDP growth.

Technology research analyst firm Forrester has revised its forecast for global information technology spending. The firm now says worldwide IT spending will increase 8.1 percent in 2010, down from its previously forecast increase of 9.9 percent. The trending is downward as the U.S. economy grows "at a snail's pace," yet it is characterized as "still robust" by Forrester analyst Andrew Bartels. The forecast for 2011 has IT spending increasing 7.4 percent over 2010.

Spending in several IT categories is expected to rise, including: computer equipment, which is at a healthy 19 percent growth rate for the year; and software purchases, expected to grow by 9.1 percent.

The most notable spending for software purchases in 2010 will occur in applications ($97 billion), middleware ($53 billion), custom applications ($41 billion) and operating systems ($11 billion).

More than $73 billion will be spent in 2010 on IT services such as systems integration and technology consulting, while $95 billion will be spent on IT outsourcing. Here's how much Forrester forecasts will be spent in IT outsourcing products and services categories in 2010:

  • Distributed environments - $26 billion
  • Mainframe outsourcing - $19 billion
  • Application outsourcing - $14 billion
  • Desktop outsourcing - $13 billion
  • Network oustourcing - $6

For more, read the eWeek article Forrester Reforecasts IT Market Outlook.


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