IT spending worldwide will reboot in 2010, rising 8.1 percent after last year's 8.9 percent freefall, Forrester Research predicts in a report released Tuesday.
Businesses and governments are expected to spend $1.6 trillion on information technology throughout 2010, Forrester predicts. In the U.S. alone, IT spending is likely to grow 6.6 percent this year to $568 billion after last year's drop of 8.2 percent.
The largest gains are expected to be in computer hardware and software. Purchases of computer equipment globally will increase by 8.2 percent, while communications hardware will see growth rise by 7.6 percent. Spending on software should shoot up by 9.7 percent.
Other segments will also rebound. Providers of IT consulting and systems integration should see spending climb by 6.8 percent, and IT consulting services are expected to enjoy growth of 7.1 percent.
"The technology downturn of 2008 and 2009 is unofficially over," Andrew Bartels, Forrester Research vice president and principal analyst, said in a statement. "All the pieces are in place for a 2010 tech spending rebound. In the U.S., the tech recovery will be much stronger than the overall economic recovery, with technology spending growing at more than twice the rate of gross domestic product this year."
January 12, 2010 6:40 AM PST
by Lance Whitney
cnet
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