Predictions Report

Predictions 2010: The Tech Industry Rebounds Faster Than The Overall Economy

January 29th, 2010
With contributors:
Pascal Matzke , Andrew Bartels , Jean-Pierre Garbani , Frank Gillett , Chétina Muteba

Summary

The technology industry will be among the bright spots of the global economic recovery in 2010. We forecast that IT purchases (measured in US dollars) will grow by more than 8% over the depressed levels of 2009, led by software sales and some segments of computing hardware. Just as importantly, 2010 will be the year that the next wave of tech industry innovation and growth — what Forrester calls Smart Computing — will take center stage in determining the contours of the industry's growth and the relative fortunes of its constituent suppliers.

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