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US And Global IT Market Outlook: Q3 2010

We Forecast Slower But Still-Robust 7% To 8% Growth

October 15, 2010

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US economic growth is falling short of our already modest expectations and will expand at a snail's pace of less than 2.5% for real GDP in 2010 (avoiding a double-dip recession. As a result, we have trimmed our forecasts for the year to a still-robust 8.1% IT market growth for the US (down from our 9.9% forecast in July), with 7.4% growth in 2011. Adding telecommunications services (as we do for the first time in this report), US information and communications technology (ICT) market growth in 2010 will be 5.6% and 6.6% in 2011. With half a year's data already in hand, US computer equipment is set to pop by 19% in 2010, with all categories growing at double-digit rates. US software purchases will rise by 9.1%, with operating system software, middleware, and applications sharing the growth. Communications equipment purchases will go up by 5.5%, led by enterprise and small and medium-size business (SMB) buying. IT services growth will lag a bit, with systems integration projects picking up late in 2010 as licensed software buying increases. But US IT outsourcing and telecommunications services sales will lag, with the former rising by just 2.8% and the latter slipping by 0.9% in 2010.

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  • Revised Forecasts For US And Global IT Spending Growth
  • Forecast: US ICT Purchases, 2010 And 2011
  • US Data Shows 12% Rise In Business IT Investment In Q2 2010; Smaller Increases Forecast
  • Large Vendors' US Revenues Projections Are Improving For The Rest Of 2010
  • Data Revisions Raise Computer And Software Investment In 2009
  • US Economic Growth Slowly Continues As Tech Investment Expands Faster
  • Forecast: Global IT Purchases By Category Of Purchase, 2010 And 2011
  • All Sectors Of Computer Hardware Are Rebounding In 2010
  • Enterprise/SMB Buying Of Communications Equipment Outpaces Telco Purchases
  • Operating Systems, Middleware, And Apps Share In Software's Growth In 2010
  • IT Services Show Slow Growth; Systems Integration Revenues Up At End Of 2010
  • Telecommunications Services Revenues Will Decline In 2010, Show Small Growth In 2011

Table of Contents

  • US ICT Purchases Will Hit $758 Billion In 2010
  • The US IT Market Will Grow By 8% In 2010, ICT Market With Telecom By 5.6%
  • Behind The Forecast: Data Revisions Raise 2009 Base; US Economy Softens
  • Global IT Purchases In US Dollars Will Grow By 7.0% In 2010
  • The 2010 To 2011 Outlook For Specific ICT Products And Services
  • RECOMMENDATIONS

  • Market Timing Is Important To Vendor Success — Know When Growth Happens
  • ALTERNATIVE VIEW

  • Stronger Economic Growth In US And Europe Leads To Better ICT Growth
  • Supplemental Material
  • Related Research Documents

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