Forrester: IT spending to recover this year

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IT spending worldwide will reboot in 2010, rising 8.1 percent after last year’s 8.9 percent freefall, Forrester Research predicts in a report released Tuesday.

Businesses and governments are expected to spend $1.6 trillion on information technology throughout 2010, Forrester predicts. In the U.S. alone, IT spending is likely to grow 6.6 percent this year to $568 billion after last year’s drop of 8.2 percent.

The largest gains are expected to be in computer hardware and software. Purchases of computer equipment globally will increase by 8.2 percent, while communications hardware will see growth rise by 7.6 percent. Spending on software should shoot up by 9.7 percent.

Other segments will also rebound. Providers of IT consulting and systems integration should see spending climb by 6.8 percent, and IT consulting services are expected to enjoy growth of 7.1 percent.”

Source and Full Article: http://news.cnet.com/business-tech/?tag=newsEditorsPicksArea.0