Trends Report

Tech Vendor Outlook For The US In 2012 To 2013

Software And IT Consulting Services Have The Best Prospects

April 9th, 2012
With contributors:
Christopher Mines , Sarah Musto , Jamie Warner

Summary

The US tech market outlook for vendors is looking brighter for 2012 and 2013, with the US tech market projected to grow by 7.5% in 2012 (7.1% including telecommunications services) and even faster in 2013. Software and IT consulting services vendors have the best prospects, with business and government purchases of these categories projected to rise by around 10%. This report breaks down the 2012 to 2013 US tech outlook by specific products and services to show which ones will be growing more rapidly or more slowly. It also provides the US tech outlook by industry, along with trends in US ICT budget benchmarks relative to revenues, to help tech vendors target the biggest and fastest growing vertical industries for their products.

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