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IT Spending Forecast From Gartner

By Don Reisinger on 2012-01-11


IT spending is expected to increase in 2012. After years of budgets crimped by a bum economy, there is significant pent-up demand at companies around the globe to drop some extra cash for the products and services they’ve been waiting for to drive business forward. But we’ve heard this song before. Gartner was bullish on IT spending last year, saying that it could rise somewhat significantly in 2012, yet in its latest report the research firm acknowledges that its estimates might have been too optimistic. Global spending on IT spending will still be up, the company says, but don’t expect it to rise too quickly.
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Big Numbers


Worldwide IT spending will hit $3.8 trillion in 2012, up 3.7% over 2011.

Reality Check


Gartner’s original projection of a 4.6% jump was more optimistic about hardware, software, services, and telecommunications.

Brakes on Growth


Gartner believes the Eurozone crisis could wreak havoc on European IT spending.

Supply Chain Woes


Hard Disk Drive (HDD) supply chain problems in Asia could dampen hardware sales.

Phone Bills


Telecommunications services spending could top $1.7 trillion this year, up 2.3% over last year.

Tangible Assets


Telecommunications equipment spending will see the strongest growth, jumping 6.9%, to $475 billion.

Spending on Software


Enterprise software will see a 6.4% jump, to $285 billion.

Buying Boxes


Computing hardware spending will reach $424 billion, rising 5.1% from 2011.

At Your Service


IT services spending will reach $874 billion worldwide, a gain of 3.1% compared to 2011.

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