(Length: 5 pages)

October 18, 2002

Tech Recovery Update: The Tipping Point In 2003

by Bruce D. Temkin

with Christopher Mines, Katharine M. Gardiner

Executive Summary (This is a document excerpt)

Despite a comeback during the second half of 2002, we estimate tech sector revenues will end the year down 7.9%. The wheezing US economy keeps the sector down. Technology spending expands only when nominal GDP growth exceeds 4.5% per year.

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Figures & Data
  • Figure 1.  The Tech Economy Staggers Along
  • Figure 2.  Tech Sector Versus GDP
  • Figure 3.  GDP Growth Drives Tech Sector Expansion
  • Figure 4.  Forecast: US Tech Recovery Scenarios, 2002 To 2004
  • Figure 5.  Long-Term Trend In Tech Spending
   

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Analyst: Bruce D. Temkin
Technology: Application Development, Customer Relationship Management, Packaged Applications, SOA & Web Services, Supply Chain Management
Industry: Computer Software Industry, High-Tech, Tech Sector Economics
Special Feature: Forecasts
Geography: North America
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Special Features

1 Forecast

Research on future technology trends or innovation

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