According to the study, concerns over the performance of some current IT projects will stifle growth in the near term, but the market will accelerate in 2009 to produce an average annual growth of 5% from $79bn in 2007 to $102bn by 2012. The average over the last 15 years has been 6%.
Kevin Plexico, executive vice president for Input, said: The fundamentals are still in place for long-term growth: flat federal employment levels coupled with continued expansion and scope of government programs which brings about investment in IT to drive productivity and effectiveness in those programs.
