Worldwide IT Spending To Total 3 6 Trillion In 2011

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Worldwide IT Spending To Total $3.6 Trillion In 2011

By: Mike Sachoff
2011-04-01

Global IT spending is on track to total $3.6 trillion in 2011, a 5.6 percent increase from $3.4 trillion in 2010, according to the latest forecast from Gartner.

Gartner has included media tablets, such as the iPad, to its computing hardware spending estimates beginning this quarter. Including media tablets has increased Gartners computing hardware growth outlook from 7.5 percent to 9.5 percent for 2011.

Worldwide media tablet spending is projected to reach $29.4 billion in 2011, up from $9.6 billion in 2010. Global spending on media tablets is forecast to increase at an annual average rate of 52 percent through 2015.

The addition of media tablets, reinforced by an expected additional decline in the value of the dollar, accounts for the increase in top-line growth, said Richard Gordon, research vice president at Gartner.

Absent the addition of media tablets, the forecast would have slightly declined in constant-dollar terms; however, with their addition, there's virtually no change in underlying forecast growth at the level of overall IT.

Gartner analysts said this stable forecast outlook comes despite political unrest in the Middle East, while the impact on IT markets of the recent natural disasters in Japan is yet to be fully understood.

The Middle East share of global IT spending is approximately 2 percent. While the political unrest affecting many countries in the region may well dent IT spending levels, any impact would be insignificant at the global level, Mr. Gordon said.

We had largely completed our forecast by the time the recent natural disasters in Japan occurred, and we are still evaluating their likely impact on our forecast. On this point, we are looking at two potential effects on IT markets as a result of the earthquake and tsunami in Japan: consequences of disruptions in the global electronics supply chain and impacts on IT demand.

About the Author:
Mike is a staff writer for WebProNews. Visit WebProNews for the latest ebusiness news.


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