Global IT spending set to grow 6 pct in 2012: survey

Sep 10, 2012
A research firm said that worldwide spending on information technology is expected to grow six percent this year in constant currency, a slight dip from 2011.

Worldwide spending on information technology is expected to grow six percent this year in constant currency, a slight dip from 2011, a research firm said Monday.

International Data Corporation said the growth pace, down from seven percent last year, comes "in spite of continuing macroeconomic uncertainty."

"Strong performances in the software, storage, enterprise network, and mobile device markets has so far offset weaker trends in PCs, servers, peripherals, and equipment," the report said.

But because of the rise of the US dollar, the growth in dollar terms will be only four percent, which represents "a significant for US-based tech vendors," IDC said.

Overall Worldwide IT spending is now expected to be $2.1 trillion for 2012. Adding in the total will be $3.8 trillion, a rise of five percent in constant currencies.

"In spite of , which continues to inhibit enterprise investment in some tech segments, the continuing demand for tablets, smartphones, , and network performance improvements actually outperformed expectations in the first half of the year," said Stephen Minton, an IDC vice president.

"Software spending has been robust, even in regions where economic trends have been weakest, as businesses turn to software tools and applications as a means of implementing cost-reduction strategies."

US growth is expected to be 5.9 percent, down from 8.5 percent last year, IDC said, but added that the launch of Windows 8 in the fourth quarter should boost the PC market next year.

Western Europe is on pace for one percent growth, which is a decline of 4.5 percent in US dollar terms.

China is expected to see 14 percent growth, and other such as India and Brazil will see similar increases. Japan's rise in spending is due to be just two percent, IDC said.

"While this has been a tough year for many IT vendors, the overall performance of the industry in the first half of the year has been healthier than many expected," said Minton.

"In particular, the strength of software spending seems to prove that many enterprises have unlocked significant productivity and efficiency improvements. If the economy avoids downside scenarios in the second half of the year, a PC upgrade cycle in 2013 should help to maintain this momentum."

Explore further: Why the Sony hack isn't big news in Japan

add to favorites email to friend print save as pdf

Related Stories

Gartner forecasts 5.6% rise in IT spending

Mar 30, 2011

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.

PC shipments to improve in 2012, but still modest

Mar 20, 2012

(AP) -- Worldwide shipments of personal computers will pick up in the second half of the year with the debut of a new Windows operating system and the broader availability of notebooks that are thin like tablet computers, ...

PC sales down 2.4 pct in second quarter: IDC

Sep 16, 2009

Worldwide sales of personal computers fell 2.4 percent in the second quarter and declined by 19.1 percent in value, market research firm IDC reported Wednesday.

Recommended for you

Why the Sony hack isn't big news in Japan

8 hours ago

Japan's biggest newspaper, Yomiuri Shimbun, featured a story about Sony Corp. on its website Friday. It wasn't about hacking. It was about the company's struggling tablet business.

Sony faces 4th ex-employee lawsuit over hack

13 hours ago

A former director of technology for Sony Pictures Entertainment has sued the company over the data breach that resulted in the online posting of his private financial and personal information.

Sony tells AFP it still plans movie release

14 hours ago

Sony Pictures boss Michael Lynton denied Friday the Hollywood studio has "caved" by canceling the release of "The Interview," and said it still hoped to release the controversial film.

2012 movie massacre hung over 'Interview' decision

Dec 19, 2014

When a group claiming credit for the hacking of Sony Pictures Entertainment threated violence against theaters showing "The Interview" earlier this week, the fate of the movie's big-screen life was all but ...

Clooney slams skittish Hollywood after Sony hack

Dec 19, 2014

Film star George Clooney slammed the Hollywood movie industry for failing to stand up against the cyber threats that prompted Sony Pictures to cancel release of the movie "The Interview."

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.