Data provided by iNet BFA
Loading...
See More

Worldwide IT spend to rise in 2013

Jan 03 2013 11:55 Reuters

Related Articles

Few firms ready for cyber attacks

Naspers to ramp up e-commerce interests

e-Book readers increasing in the US

State seeks 'win-win' ICT partnerships

Telecoms books fastest growth

ICT hub planned for Nasrec

 

London - Worldwide IT spending was expected to rise 4.2% in 2013 to $3.7 trillion, a pick-up from 1.2% growth forecast for last year as the gloom hanging over businesses and consumers starts to lift, industry research firm Gartner said. 

Much of the uncertainty surrounding prospects for an upturn in global economic growth is nearing resolution, managing vice president Richard Gordon said. "As it does, we look for accelerated spending growth in 2013 compared to 2012." 

Spending on devices like PCs, tablets, mobile phones and printers was forecast to reach $666bn, up 6.3%. 

The rise was below the 7.9% Gartner previously forecast, partly due to increased price competition from android devices in the tablet market. 

Worldwide enterprise software spending would rise 6.4% to $296bn, Gartner said on Thursday, driven by the security, storage management and customer relationship management sectors. 

Telecom services, which continue to be the largest IT market, would be flat over the next few years as higher revenue from mobile data services was offset by declines in fixed and mobile voice services markets, Gartner said.

 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

ict
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

Where can you stash your cash?

Fin24 user Tinashe Guramatunhu presents a review of the best way to invest a windfall or bonus.

 
 

Start saving...

Where can you stash your cash?
Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...