Tuesday, June 30, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
FIDO Alliance Specifications Add Support for NFC and Bluetooth
Apple Music Goes Live
New Acer Curved IPS Display Comes With AMD FreeSync Support
New Meizu MX5 Unveils In China
Apple Behind E-Books Price-fixing Scheme, Court Rules
EU To End Roaming Charges in 2017
Huawei Honor 7 Relased With 20MP phase-detection Camera
Sprint Has A New, All-included Rate Plan For You
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > General Computing > IT Spen...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, September 10, 2012
IT Spending to Grow 6 Percent in 2012


In spite of economic uncertainty, IDC says that Worldwide IT spending remains on course to grow 6% this year in constant currency, only slightly down on last year?s pace of 7% growth.

Strong performance in software, storage, enterprise network and mobile device markets has offset weaker trends in PCs, servers, peripherals and telecom provider equipment, IDC says. However, the strength of the US dollar in the first half of 2012 means that IT spending in dollar terms is on course for growth of just 4% this year, a significant downturn for US-based tech vendors from the US dollar growth rate of 10.5% in 2011. Including telecom services, total ICT spending will increase by 5% this year in constant currency to $3.6 trillion (growth of 2.5% in US dollars).

"In spite of economic uncertainty, which continues to inhibit enterprise investment in some tech segments, the continuing demand for tablets, smartphones, storage capacity and network -performance improvements actually outperformed expectations in the first half of the year," said Stephen Minton, Vice President in IDC?s Global Technology and Industry Research Organisation. "Software spending has been robust, even in regions where economic trends have been weakest, as businesses turn to software tools and applications as a means of implementing cost-reduction strategies."

According to IDC, US IT spending remains on course for weaker performance than 2011 with growth of 5.9% (down from 8.5% last year); the launch of Windows 8 in Q4 should help to drive a recovery in the PC market next year.

While Western Europe remains weak overall due to the slow economy, software growth in Northern Europe was robust, and mobile device shipments (smartphones and tablets) have remained on course; excluding mobile devices, however, Europe is on course for just 1% growth in constant currency (a -4.5% decline in US dollars)

The recovery in Japan has lost some momentum, with IT growth in constant currency now on course for an increase of just 2% this year before flat lining again in 2013

In China, where the manufacturing sector has been impacted by slowing exports to Europe, IT spending is now on course for 14% growth this year in constant currency (down from 25% growth in 2011), with PC spending on course for growth of just 7% after a weaker-than-expected first half (down from 19% growth in 2011)

IDC also expects strong growth in India (14%), Brazil (14%), Russia (11%) and South Africa (8%)


Previous
Next
Google Drive Updates For iOS and Android        All News        VESA Improves Device Battery Life and Performance with DisplayPort Version 1.4
Google Drive Updates For iOS and Android     General Computing News      Microsoft Said To Comply With European Antitrust Requests

Get RSS feed Easy Print E-Mail this Message

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .