Industry research group Gartner, Inc. released on Friday (January 4, 2013) some key forecasts for the year ahead made based on findings from its continual study on the state of the global hardware, software, IT services and telecom markets. The main big prediction made in the latest edition of the Gartner Worldwide IT Spending Forecast is that worldwide IT spending should total US$3.7 trillion in 2013. This figure represents a 4.2 percent increase over last year's figure of US$3.6 trillion.
Analysts at Gartner attribute much of this projected increase to "projected gains in the value of foreign currencies versus [the US] dollar" and added that "when measured in constant dollars, 2013 spending growth is forecast to be 3.9 percent."
Commenting on the latest pronouncements, Gartner's Managing Vice President Richard Gordon said that "uncertainties surrounding prospects for an upturn in global economic growth" which had slowed IT market growth in recent years were "nearing resolution" and that "as it does, we look for accelerated spending growth in 2013 compared to 2012."
The segments Gartner analysts expect to see the greatest growth coming from in 2013 are devices (a very broad category that comprises PCs, tablets, mobile phones and printers) and enterprise software. In 2013: worldwide spending on devices is expected to grow by 6.3 percent, totaling US$666 billion; and, worldwide spending on enterprise software by 6.4 percent, amounting to US$296 billion.
Also highlighted in Gartner's forecast report is that of spending on telecom services, which is by far the largest segment, and is expected to grow by 2.4 percent, from US$1.661 trillion in 2012 to US$1.701 trillion in 2013.
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