Forrester Says Tech Recession Is Over: Increased spending on hardware and software will put an end to the IT downturn in 2010, analyst firm says.
U.S. and global spending on IT hardware and software will bounce back strongly in 2010, market watcher Forrester said Tuesday.The research firm is calling for tech spending in the U.S. to grow 6.6% this year, to $568 billion, after being down 8.2% in 2009. Worldwide spending will jump 8.1% to more than $1.6 trillion, following a decline of 8.9% last year..“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,” said Bartels. READ FULL ARTICLE HERE: IT Hardware 2010
