IT spending falls in 2009 but recovery expected
Mon, 09 Nov 2009
Worldwide IT spending is due for a fall of 6.8 per cent in 2009, according to a new report by Gartner.
IT spending in 2009 is projected to total $2.28 trillion (£1.37 trillion), down 6.8 per cent on 2008, the research company said.
Analysts predict the market will return to growth next year, when it will grow at 2.3 per cent to reach $2.34 trillion (£1.40 trillion).
It claimed that within the three largest industry segments for IT - financial services, manufacturing and government - the least affected market has been national and international public procurement, with a drop of only 3.6 per cent.
Dan Joe Barry, vice-president of marketing at network-adapter developer Napatech, commented that in the last year, there is "no question" that the growth line in the sector has been lower than originally anticipated.
However, he explained that his firm was still expanding, achieving profitability and moving forwards despite the recession.
"I think what's happened since the start of quarter three people are realising that things are growing again. So, you know, I think they came out of their foxholes. Networks are still growing. Bandwidth is still growing," he stated.
Gartner recently called on businesses to embrace context-aware computing in order to help them improve the efficiency of their operations.
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