Global enterprise IT spending across is set to increase by 4.1 per cent during 2010, according to leading analyst firm Gartner. It forecasts that the market will be worth $2.4 trillion (£1.7 trillion) across all industries this year, as businesses invest in technology to support their expansion plans. The firm reports that industries are returning to growth after a difficult 2009, when IT spending by vertical market was down by 5.6 per cent on the previous year.
Among the two largest industry segments, IT spending in the banking and securities market will rebound to $396.9 billion in 2010, a 4.6 per cent increase from 2009; whereas IT spending will recover more slowly in manufacturing and natural resources, growing to $428.9 billion, up 3.1 per cent."
It concluded that 2009 had been "a year like no other before it for IT services providers". And it wasn’t a picnic for the rest of us either.
APA
Among the two largest industry segments, IT spending in the banking and securities market will rebound to $396.9 billion in 2010, a 4.6 per cent increase from 2009; whereas IT spending will recover more slowly in manufacturing and natural resources, growing to $428.9 billion, up 3.1 per cent."
It concluded that 2009 had been "a year like no other before it for IT services providers". And it wasn’t a picnic for the rest of us either.
APA
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