View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Hardware
January 3, 2014

Gov and enterprise IT spend to grow by 6.2% in 2014

US will set the pace in government and enterprise spending on IT.

By CBR Staff Writer

Global government and enterprise spending on IT is anticipated to grow by 6.2% this year, a new report claimed.

The latest study from Forrester also revealed that the US will set the pace, accounting for 40% of the overall IT spend during the year.

The analyst firm projects that computer equipment spend would lag, with only tablets reporting strong growth, even though laptops and other PCs would see a modest recovery.

Communications equipment, however, is anticipated to exhibit better performance, mainly fuelled by business and government spending on smartphones and wireless equipment, further offsetting weakness in traditional routers, switches, and other wireline equipment.

During the year, IT outsourcing and hardware maintenance is anticipated to be weak mainly due to smaller deals and extensive discounting.

Forrester anticipates a strengthening global economy in 2015, which would drive global tech market growth higher across the board.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU