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Where IT Spending is Going in 2009

By Baselinemag on 2009-03-16


A new report by Gartner, titled Dataquest Alert: Utilities, Healthcare and Government Lead IT Spending Growth in Challenging 2009, details where IT spending is headed. Gartner analysts expect overall worldwide IT spending growth of one-half of one percent, and an essentially flat U.S. growth rate of 0.1 percent.

. Here are some key figures and our comments.

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Big Gainers: UtilitiesAs green initiatives grow, so does investment in IT. Growth will be slightly less than global par in the U.S., with 2.8 percent projected gain.

Big Gainers: HealthcareHealthcare IT spending was often shielded from market pressure by government support

Big Gainers: GovernmentGovernment spending on IT is shielded most from terrible market conditions. U.S. government IT growth will be slightly behind others at 1.8 percent.

Big Gainers: ServicesGartner expects U.S. IT spending in this vertical to grow by a healthy 3.2 percent this year.

Modest Gainers: Education U.S. IT spending growth within this vertical will be half worldwide growth.

Modest Gainers: CommunicationsFirms continue to invest in last-mile broadband infrastructure and other upgrades. Things look better in the U.S., with an expected increase of 1.7 percent.

Modest Gainers: Agriculture, Mining and ConstructionU.S. spending, devastated by the housing bubble, will see a 0.1 percent dip in IT spending.

Modest Gainers: Wholesale TradeDomestic growth fails to track global averages, coming in at only -0.2 percent.

Modest Gainers: Retail TradeIn expects the US to beat global averages, with an increase of 0.6 percent. PCI compliance and playing catch-up should help drive growth.

Modest Loser: TransportationIf fuel costs continue to rise, transportation companies

Big Losers: ManufacturingAssembly lines have slowed, and IT will likely see belt tightening, especially in the U.S., where Gartner sees a drop of 1.8 percent.

Big Losers: Financial ServicesLike manufacturing and transportation, financial services are going to be hit harder in the U.S., with a 2.2 drop in IT spending

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