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WEBINAR: US Tech Market Outlook For 2021 And 2022

April 15, 2021

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Description

With the end of the pandemic in sight and an additional $1.9 trillion in federal relief spending, the US economy and US tech budgets are poised for strong recoveries in 2021 and 2022. Attend this webinar for an in-depth look at Forrester's outlook for the US tech market for the remainder of 2021 and into 2022.

Key takeaways:

  • Software will lead the tech recovery with 10% growth. Software as a service will remain a powerful driver of growth, but single-instance hosted subscription software will grow even faster.
  • Cloud-related tech consulting and tech outsourcing will also see strong growth.
  • Computer and communications equipment will have mixed performance, reversing the patterns of demand in 2020.
  • The new project share of tech budgets will revert back to 30% levels, and business technology categories will see the strongest growth.
  • Industries like healthcare, utilities, insurance, high tech, and government will have the strongest tech budget growth, but leisure and entertainment and oil and gas will be slower to respond.

Target audience level: all levels

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