Forecast Report

US Tech Market Outlook For 2017 And 2018: Mostly Sunny, With Clouds And Chance Of Rain

Expect 4.8% To 5.2% Growth, With Cloud And The BT Agenda Driving Accelerated Rates In Software And Consulting Services

May 8th, 2017
With contributors:
Matthew Guarini , Robert Valdovinos

Summary

CIOs and other tech decision makers face a positive economic environment, but an uncertain political environment in 2017 and 2018. Growing consumer spending and business investment will keep CIOs focused on the business technology (BT) agenda for winning, serving, and retaining customers. BT adoption, in turn, is pushing cloud-enabled changes in back-office systems and infrastructure. Meanwhile, a new administration in Washington raises the possibility of major changes in tax, trade, and regulatory policies. This report lays out Forrester's analysis of how these conflicting forces will affect US tech markets in 2017 and 2018 and how CIOs should position their firms' tech spending plans.

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