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IT Budgets: Growth Expected as Global Economies Heal

By Dick Weisinger

2013 will be a year where global economic instability hurdles are slowly cleared, reports Forester Research, resulting in 5.4 percent growth this year in global IT spending, followed by stronger 6.7 percent growth in 2014.  When just the US is considered, Forrester estimates 7.5 percent growth in 2013.

Forester’s predictions compare to Gartner’s forecast for 2013 which forecasts a $3.7 trillion global IT spending year in 2013, increasingly 4.2 percent from last year.  Gartner considers telecommunications to be part of the global IT spend, while Forrester excludes that.  Telecom alone is roughly a $1 trillion dollar category.

Andrew Bartels, analyst at Forrester, writes that “We think that the global tech market will do a bit better in 2013 than it did in 2012, and will do even better in 2014.”

Sectors within the IT market where there will be double-digit growth include SaaS, mobile computing, tablets, analytics, big data, and smart process apps.  Sectors where less robust growth is forecast include servers, routers, PCs, and ERP and database management software.

In tablet computing, Apple alone is expect to sell $11 billion of iPads to businesses in 2013, increasing to $13 billion in 2014.  PC sales are expected to grow 4 percent in 2013, and server and storage sales will grow at 3 percent.

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