March 31, 2008
US IT Market Outlook: Q1 2008
A Bigger Slowdown In Tech Purchases In 2008 But A Strong Recovery In 2009
with Ellen Daley, Heidi Lo
Executive Summary (This is a document excerpt)
The US market for technology goods and services will experience a significant slowdown in growth in 2008, to less than 3% from 6% in 2007. This lower growth rate reflects the deterioration in the US economic outlook. On a positive note, the US tech market will still grow despite a likely recession in 2008, and it is poised for much stronger growth, assuming that any US recession is shallow and short.
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WHAT IT MEANS
alternative view
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This is Forrester's quarterly IT market outlook. We analyzed data on IT investment and economic growth reported by the US Department of Commerce and incorporated its data in our proprietary forecasting model for US IT spending. We also analyzed the financial reports of 49 IT vendors to identify quarterly trends for different technologies in the US. Related Research DocumentsFebruary 11, 2008
December 27, 2008 |
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