Gartner forecasts 5.6% rise in IT spending

March 30, 2011

Gartner forecast worldwide IT spending of $3.6 trillion in 2011, up from $3.4 trillion in 2010

Enlarge

Indian Information Technology professionals work on their laptops during an 'Open Hack Day' programme organised by the global search engine Yahoo! in Bangalore. Worldwide information technology spending is expected to increase 5.6 percent this year with tablet computers like the iPad helping to drive growth, a technology research company said.

Worldwide information technology spending is expected to rise 5.6 percent this year with tablet computers like Apple's iPad helping to drive growth, a technology research company said Wednesday.

Gartner forecast worldwide IT of $3.6 trillion in 2011, up from $3.4 trillion last year. It raised its previous forecast of 5.1 percent growth to 5.6 percent.

"This stable forecast outlook comes despite political unrest in the Middle East, while the impact on IT markets of the recent natural disasters in Japan is yet to be fully understood," Gartner said.

The Middle East share of global IT spending is around two percent, according to Gartner.

"While the political unrest affecting many countries in the region may well dent IT spending levels, any impact would be insignificant at the global level," Gartner research vice president Richard Gordon said in a news release.

"We had largely completed our forecast by the time the recent natural disasters in Japan occurred, and we are still evaluating their likely impact on our forecast," Gordon said.

"On this point, we are looking at two potential effects on IT markets as a result of the earthquake and tsunami in Japan: consequences of disruptions in the global electronics supply chain and impacts on IT demand," he said.

Gartner said that, beginning this quarter, it was adding tablet computers to its computing hardware spending estimates, a move which lifted the computing hardware growth outlook from 7.5 percent to 9.5 percent for the year.

"Absent the addition of media tablets, the forecast would have slightly declined in constant-dollar terms; however, with their addition, there's virtually no change in underlying forecast growth at the level of overall IT," Gordon said.

"The addition of media tablets, reinforced by an expected additional decline in the value of the dollar, accounts for the increase in top-line ," he said.

Gartner projected worldwide spending on tablets to reach $29.4 billion in 2011, up from $9.6 billion in 2010, when Apple was the only significant player in the market.

Gartner said global spending on tablets is expected to increase at an annual average rate of 52 percent through 2015.

Worldwide telecom spending is expected to increase 4.9 percent this year to $2.11 trillion, IT services spending is forecast to grow 5.0 percent to $824 billion while enterprise software spending is expected to rise $7.6 billion to $255 billion.

(c) 2011 AFP


Rank not rated yet
Relevant PhysicsForums posts

More news stories

SpotterRF debuts Radar Backpack Kit (w/ Video)

(Phys.org) -- SpotterRF has announced a special radar backpack kit designed to enhance situational awareness for soldiers on the ground. The company says its special radar is designed for warfighters as part ...

Technology / Hi Tech & Innovation

created 15 hours ago | popularity 5 / 5 (3) | comments 11 | with audio podcast report

Probability of contamination from severe nuclear reactor accidents is higher than expected: study

Catastrophic nuclear accidents such as the core meltdowns in Chernobyl and Fukushima are more likely to happen than previously assumed. Based on the operating hours of all civil nuclear reactors and the number ...

Technology / Energy & Green Tech

created May 22, 2012 | popularity 3.6 / 5 (21) | comments 52 | with audio podcast

Delphi gasoline-injection engine technique rivals hybrid's edge

(Phys.org) -- Running a diesel like engine on gasoline is something Delphi is doing in notable fashion. They claim they are on to a promising way to enjoy an engine that gives the vehicle owner high efficiency ...

Technology / Energy & Green Tech

created May 21, 2012 | popularity 4.7 / 5 (18) | comments 37 | with audio podcast report

HyperSolar shows dirty water no barrier to power world

(Phys.org) -- The Santa Barbara, California, company, HyperSolar, is set to transparently share the ups and downs of its research experiences toward the company’s ultimate vision, successfully producing ...

Technology / Energy & Green Tech

created May 24, 2012 | popularity 4.8 / 5 (15) | comments 17 | with audio podcast report

Tesla to launch electric sedan in US on June 22

Tesla Motors said Tuesday it would begin deliveries of "the world's first premium electric sedan" on June 22, slightly ahead of schedule.

Technology / Energy & Green Tech

created May 22, 2012 | popularity 4.5 / 5 (11) | comments 18


Dell tablet leak: 10.1-inch display, two-battery choice

(Phys.org) -- Headline after headline talks about vendors’ tablets in the wings as likely number-one contenders for the iPad. Such claims have justifiably been taken with a grain of salt, considering ...

Scientist: Evolution debate will soon be history

(AP) -- Richard Leakey predicts skepticism over evolution will soon be history. Not that the avowed atheist has any doubts himself.

SpaceX capsule has 'new car' smell, astronauts say (Update)

SpaceX's Dragon cargo vessel smells like a new car, said astronauts at the International Space Station after opening the hatches Saturday following the spacecraft's landmark mission to the orbiting lab.

Thousands of shellfish found dead in Peru

Thousands of crustaceans were found dead off the coast of Lima following the mystery mass death of dolphins and pelicans, the Peruvian Navy said Friday.

Australia hails surprise super-telescope decision

Australia has hailed a surprise decision giving it a role in a radio telescope project aimed at revolutionising astronomy, vowing to draw on its decades of experience in space science.

Keep food safety in mind this memorial day weekend

(HealthDay) -- Picnics, parades and cookouts are as much a part of Memorial Day weekend as tributes to the United States' war veterans.